Case Study Of Offcn Education Backdoor Listing

In the past two years,the economic situation has declined and employment competition has become increasingly fierce.Government has promulgated many guidelines and policies on promoting the stable development of education.It is precisely because of the intensified employment competition and national policy support that the vocational education industry has developed rapidly and ushered in the spring.Because of this,competition in the vocational education industry has begun to intensify,and companies in the industry have sought to land in the capital market,broaden financing channels,enhance brand influence,optimize resource allocation,capture more customers,increase operating income,and promote company development.However,various shortcomings such as high IPO requirements,long time consuming,slow review,and low passing rate have forced companies to choose to backdoor access to A shares to gain development opportunities.This article takes the successful backdoor listing of the first public stock of A-share vocational education as an example,and uses a case analysis method to analyze the backdoor listing of its motivation,model,performance,and risk from four perspectives.Backdoor listed companies provide references and references.This article starts with relevant literature on motivations,models,performance,and risks of backdoor listings at home and abroad,sorts and summarizes them in chronological order.Secondly,it introduces the parties and transactions of the backdoor listing.The public listing of the public education of the public housing is mainly analyzed from the four aspects of the motivation,model,performance,and risk of the public listing.The motivation is analyzed from the two aspects of why listing and why the public listing is selected.The listing cases are different.The three models are used simultaneously,and the performance of the backdoor listing is analyzed using the event research method and the financial indicator method.In the risk analysis,pay close attention to the possible risks of the transaction and the risks that may be faced after the transaction is successful.Finally,the specific analysis of the first four aspects draws inspiration and suggestions for risk prevention.Through the analysis of this case,it is found that the backdoor listing of Offcn Education has been successful,obtained development funds,improved operating performance,increased shareholder wealth,and achieved positive performance by backdoor listing.Offcn Education's success in backdoor lies in choosing theappropriate listing methods and shell resources,and flexible use of trading models.These are all worthy of learning and reference for companies planning to backdoor listing.