LD Group Back Door Listing Case Analysis

China's economic development has entered a new era,and the economic growth rate is slowing down.Under the influence of such a great economic environment,China's real estate industry is bound to fail to be independent.At present,China's existing real estate enterprises,state-owned enterprises in the proportion of relatively large,but its operating efficiency is often lower than the industry average,therefore,in the process of China's economy into the new normal,the real estate China enterprise reform is the point we need to pay attention to.Listed in this way can help the real estate enterprises to improve the operation efficiency of solving the financing difficulties,however,the securities regulatory authorities and the exchange of the real estate market is relatively strict audit,few companies can truly achieve IPO,therefore,most companies will choose the way through the backdoor listing.This paper makes a correlation analysis of the investment process and data of greenbelt group's backdoor Jinfeng investment,and then finds out the experience and inspiration that it has in the process of backdoor listing,and provides ideas for other companies who want to backdoor listing in the future.At the beginning of this article,the literature of the domestic and foreign borrowing shell listing is arranged,and the related concepts and theories of the shell listing are introduced in detail.Secondly,this paper gives a detailed introduction to the case of Jinfeng investment in the green group and clarifies the motivation of its backdoor listing.Finally,through factor analysis,we select the solvency,profitability,operation capacity and development ability to evaluate its performance,and summarize its successful experience and Inspiration of backdoor listing.Through the research of the successful backdoor listing of the case of China's well-known state-owned real estate enterprises in green,green that the collective backdoor listing,whether financing channels or financial conditions have been improved,and the capital structure has been optimized,the result indicates that the Greenland Group backdoor listing to achieve the desired effect.At the end of the article,I list the experience and Inspiration of greenbelt collection,hoping that this article can provide some help for enterprises who want to expand financing channels or future backdoor listed companies.