Research On The Interest Transfer Behind The Private Placement Of Internet Companies

The private placement issuance conditions due to its low,simple procedures,flexible pricing,raise the amount of funds free and other unique advantages,so that the listed company received the Blitz,has gradually become the important way of listed companies through equity re financing.However,the object of private placement is the main face of large shareholders,so shareholders may transfer interests by their own dominant position,the listed company's assets and profit transfer,harm the interests of small shareholders.In addition,in the context of China's existing policy,the relevant constraints on private placement is still not perfect,which makes it possible to transfer the interests of major shareholders.Due to the rapid growth of Internet companies,the unique business philosophy has attracted the attention of investors.QTONE EDUCATION GROUP as Internet enterprise,its thickening process runs smooth,representative.Through the study of the private placement,it is helpful for the market investors to have a better understanding of the phenomenon of the interests of the major shareholders in the process of private placement.Based on the QTONE EDUCATION GROUP directional issuance to shareholders,as the research object,studied its interests in the process of directional issuance cuhk transport behavior,and made further analysis of its causes.The study found that all the interests of the QTONE EDUCATION GROUP transfer behavior include: 1 price increase of lower;2 overestimate the injection of assetsFor the QTONE EDUCATION GROUP in the private placement of revealing problems,this article from the perfect pricing system,put forward suggestions to strengthen the assessment of the injected assets and improve corporate governance in three aspects.