The Risk Analysis Of Vanke Operation Under The Background Of "Bao Wan Contend"

With the continuous development of the market economy and the growing scale of listed companies, the problems existing among enterprises are becoming more and more prominent, especially among the controlling shareholders. For example: Condall and Kingkey group court; longpinggaoke "card" to prevent "power"; "Bao Wan contest" Po can want to compete for control of Vanke; Ningbo Dongli intends to take the cash and shares issued in the form of a combination of the purchase of Shenzhen Everich Supply Chain Management Co. 100% stake in the company, the battle for equity more or less the impact of all aspects of the enterprise, is closely related to the development of enterprises.As a part of the national economy, real estate plays a subtle role in promoting China’s economic development and social stability. Vanke as the leading enterprise of the real estate industry, the development direction of its development represents the entire real estate industry, represents the development of the national economy barometer and wind vane, in the "Bao Wan contest" event, with the Boland department involved, has changed a large equity structure of Vanke, which affect the the various aspects, therefore, the impact of Vanke in this event are analyzed, the distribution of equity to improve China’s real estate listed defects, adjusting the internal governance system, plays an important role to improve the efficiency of the company.In this paper, through the analysis of the operational risks faced by Vanke under the background of "ten thousand million", this paper analyzes the two aspects of non-financial factors and financial factors. Non financial factors mainly from the three aspects of market risk, legal risk, credit risk elaborated; Financial factors are mainly for financial analysis and the financial indicators of the Vanke longitudinal comparison and horizontal comparison. A longitudinal comparison mainly in the analysis of Vanke in the events of the profitability, solvency and operational capacity of the indicators, with the aid of DuPont analysis method in the analysis of the profitability of the specific analysis, and before the incident did not happen before five years of financial analysis, the impact of the event Vanke management, early warning and use Z early warning model of Vanke during this period of financial condition; comparison is Vanke financial indicators in recent years compared with the same industry.Finally, through the analysis of the impact of the event on the conclusion for the Vanke Vanke, puts forward some preventive measures: (1) setting antitakeover provisions in the articles of Association (2) perfect business partner system (3) to improve the autonomy of the board of directors of the board of directors (4) to promote accountability; In addition to the government to put forward some improvement measures, in order to constantly improve the market system, and promote the orderly development of China’s market economy.