A Case Study Of CD Company's Equity Acquisition Of ZH Company

The IPO rhythm in the domestic a-share market has been slowing down,but this has driven the enthusiasm of listed companies' merger and reorganization soaring.Data show that a-share companies involved in asset restructuring more than doubled from January to February 2018 compared with the same period in 2017.In the current domestic economic growth is relatively slow background,asset restructuring can make the fundamentals of listed companies have a greater change,listed companies increasingly active asset restructuring.With the promulgation of the measures for the administration of major asset restructuring of listed companies in 2008 and the implementation of the measures on may 18,2008,the asset restructuring of listed companies has entered a new stage.Industrial integration,upgrading and transformation of the development model,can better play the synergy between enterprises,leading the economic development,significantly improve the performance of listed companies.CD company in this paper is a listed company in Shanghai,after more than 20 years of development,has been from a small state-owned foreign trade professional company,unknown to develop into a set of trade circulation,biopharmaceutical,energy development,financial services and other industries simultaneously,coordinated development of large comprehensive listed companies,economic benefits for many years in a row in the provincial state-owned enterprises.Although CD company has completed many refinancing issues in the capital market,there is still room for discussion on the asset restructuring plan.In this paper,based on the case of CD company acquiring part of ZH holding company,this paper analyzes the purchase plan,and makes a diagnosis on the comparison of the plan before and after the implementation of the company,so as to clarify the effect and effect of the case of the acquisition of part of the shares of the ZH holding company by CD company.The safeguards for the successful implementation of the case.This paper studies the case of CD company's acquisition of ZH holding company's partial equity restructuring,which is divided into six parts.First of all,the background,purpose and main contents of this paper are introduced.Secondly,it briefly introduces the case of CD's acquisition of ZH holding company's share interest,and introduces the company's situation of CD company and ZH holding company.Thirdly,it analyzes the related theories and systems involved in the acquisition of partial shares of ZH holding company by CD company,and clarifies the theoretical basis of the acquisition case.Then,this paper makes a detailed analysis of the actual operation process of the case of the acquisition of partial shares of ZH holding company by CD company,and analyzes the background and purpose,the main content and the change of capital stock.Then,based on the comprehensive theory and practice,the financial effect and corporate governance structure of the case of CD company's acquisition of partial shares of ZH holding company are analyzed,and the guarantee measures for the successful implementation of the scheme are given.Finally,the full text is summarized based on the above.