The Courier Industry Backdoor Listing Cost Benefit

In recent years,the rise of the Internet economy and e-commerce platform has laid the foundation for the rapid rise of China's express delivery industry.From the point of view of the development of the express delivery industry,the business volume of the express delivery industry has surged,and the scale of the industry has also continued to grow.The express delivery industry has become a new driving force for China's economic development.Although the development of the express delivery industry has been rapid,the express delivery industry has entered a bottleneck period and the competition among the industries is fierce.On the one hand,the number of express delivery companies is huge.Because the entry standards for the express delivery industry are relatively low,more and more enterprises will also enter the fast industry.On the other hand,the express delivery industry is a labor-intensive industry.The homogeneity of the industry is serious and the cost continues to rise.But the profit model of the entire express delivery industry is roughly the same.As a result,the gross profit margin of the express delivery industry has declined,and the profit margin of the industry has gradually narrowed.Under the pressure of fierce market competition,if express delivery companies want to expand their existing businesses and market scale,it is difficult to achieve only through corporate capital,and they need to borrow capital markets to enhance the competitiveness of express delivery companies.Therefore,express delivery companies need to obtain corporate development through listing.The funds.At present,China's initial listing approval is strict and the waiting time is long.Compared with the initial listing,backdoor listing has the characteristics of short time and low cost.For express delivery companies,market warfare is a time war.Only rapid public listing can win the advantage in the industry competition.This is an important reason why the express delivery industry has chosen to backdoor listing.Yuantong Express,Shentong Express,Yunda Express,SF Express and other domestic high-quality express companies are listed on the backdoor.Yuantong Express is the first express delivery company listed in China.It is of great significance to select the case of Yuantong Express to backdoor listing by Dayang Creation.The research of Yuantong Express delivered by Dayang Chuangshi used case studies and comparative analysis methods.First,the theoretical analysis of the basic theories of backdoor listing,the reasons for backdoor listing,and the model of backdoor listing,and the combination of theory and Yuantong Express through the listing of Dayang Creation.Afterwards,the focus of the case study was on the cost-benefit calculations of Yuantong Express's back-to-back Yang Dayi,and the cost-benefit comparison with different express delivery companies.And for the Yuantong express delivery backdoor case of Yang Yang create a case for strengths and weaknesses of the evaluation,for other express companies to prepare for listing to provide reference experience.Express delivery companies should choose the right time to market,choose a listing model from the perspective of the company itself,reduce the cost of backdoor listing,and increase the effectiveness of listing.