A Comparative Study On The Path Of Listing Of Private Educational Institutions In China

With the development of China's socialist economy and the gradual improvement of people's living standards,people's pursuit for the quality of education is also increasing year by year,forming a huge consumer market.At the same time,with the deregulation of policies on education,more and more private capital is encouraged and guided to invest in the field of education,and educational enterprises also attract more attention of capital.With the intervention of capital,private educational institutions have also been developed rapidly,and the connection between private educational institutions and capital market has become more and more close.Listing has almost become all want to achieve largescale development of education The necessary path of an enterprise.However,education has been defined as public welfare for a long time in the past,so there are many restrictions on the investment of private capital in education institutions,leading to the fact that most education institutions are still unfamiliar with the capital market,including the domestic regulatory authorities in the process of exploring the examination and approval of the listing of education institutions,so how should private education institutions go public in China Point selection,structure building,and how to make a systematic listing plan have become a major problem for private education institutions in China.This paper first introduces the Listing Rules of different listing places at home and abroad,and makes a comparative analysis of the main modes currently used by private education institutions.At the same time,combined with the characteristics of private education in China,it makes a key analysis of the two listing modes(vie framework and backdoor)and demonstrates the similarities and differences between the two modes.Then,starting from the factors that affect the choice of listing path of private education institutions at home and abroad,this paper makes a comparative analysis on the issue conditions,issue convenience,issue cost,listing financing ability and investor valuation,and then analyzes the failure cases of Huatu education A-share secondary backdoor listing.Through this research and analysis,referring to the relevant research on the listing of enterprises at home and abroad,combined with the characteristics of private education in China,and using a variety of theories and tools,this paper puts forward practical strategies and methods,and puts forward some reasonable suggestions for the listing path selection of private education institutions to be listed in China.