A Case Study On The Financial Risk Control Of SF EXPRESS's Backdoor Listing

With the rapid growth of Internet economy and e-commerce,China's express industry has developed rapidly.In 2014,China's express delivery industry ranks the first in the world with nearly 14 billion pieces of business and more than 2040 billion yuan.According to statistics from the relevant agencies,China will have at least two express companies with annual incomes of over 100 billion RMB and a number of annual revenues of 50 billion by 2020.The current China's express delivery market gradually expanded,express enterprise want to rapid development,and keep its leading position in the industry,to improve their own management methods,expanding capital strength,so as to improve enterprise's operating efficiency,to improve enterprise competitiveness must expand the scale of capital,and China's IPO harsh conditions,and the examination and approval for a long time,so companies can use has obtained the listed company's capital condition of enterprise listed can be faster to complete the implementation of the financing,and improve enterprise business capacity,this method is a widespread use by express delivery enterprises in our country.From the current situation,it is urgent to solve the problem by how to make the express enterprises meet their financing needs and improve the efficiency of the financing.Article reviews the research literature at home and abroad,to sort out the motion controlling backdoor listing of key processes,and the listed before and after the balance sheet and made a brief introduction to business situation,analyses the reason of suitable abundant choices listed,and the possible financial risks before,during,and after listing and control were analyzed,and choose some financial indicators for the public and the business situation of the same industry between before and after motion made comparison,put forward in the backdoor listing the key links to strengthen the risk prevention and control,including the selection of shell resource for"net shell,shell company equity on a smaller scale,low value,and to establish perfect backdoor listings trading system,and put forward to macroeconomic regulation and control to the market to strengthen the construction of laws and regulations,strengthen information disclosure and so on,in order to reduce the financial risk of the backdoor listings trading activities,improve the express enterprise financing ability,strengthen the express enterprise development efficiency.