Research On The Backdoor Listing Performance Of Yto Express

In recent years,the development of e-commerce industry is more and more rapid,China's logistics industry also entered the same high-speed development period.People cannot live without express delivery in their daily life.Express delivery industry has gradually become another industry that promotes the economic development of our country.Along with the rapid development of logistics industry,however,the number and size of express enterprises in China is also in constant expansion,this means that the competition among the same industry is more and more big,the industrial characteristics due to the industry,its market entry threshold is low,service and profit pattern is roughly same,the number of more and more logistics enterprises emerge makes its industry profit decrease.Therefore,in today's logistics industry under the trend of rapid development,enterprises should not fall in the wind,in the fierce competition in the market environment is not to be eliminated and conveniently and seize the opportunity to develop,only rely on their own capital is hard to meet the demand of the development of the enterprise,therefore,more and more express company started by appear on the market to seek more capital for enterprise development.But in recent years,China's IPO audit is more and more strict,more audit time and audit program trival,and backdoor listings just make up for the short board,compared with IPO,the backdoor listing has listed the required time is shorter,the program is relatively simple,listing the cost advantages,inferior like motion controlling,yuantong express etc.The more the more to the Courier companies through the backdoor listings to get capital support.Since 2014,express listed companies begin to cluster in our country,this paper select the first listed in line express company in China and obtain some success yuantong express backdoor listings as an example,combined with domestic and foreign experts and scholars in the field of research theory and research results,analysis of the listed motivation,mode and the performance of the listed for the development of other Courier companies to provide some valuable experience and provide some theoretical support.This article first through to the related research,yuantong express Courier industry backdoor listing of the impetus and the change of financial performance before and after the backdoor listing of the relevant aspects of the comprehensive finishing some related scholars at home and abroad research experience,mastered the roughly the backdoor listing of some of the current research status,and to clear the backdoor listing of some of the theoretical basis;Then,some basic information about yuantong express as the backdoor and dayang chuangshi as the backdoor as well as the relevant implementation methods and schemes of this transaction were introduced,and some motivation analysis was made for the two parties involved in backdoor listing.After that,through the performance analysis of yto express before and after the backdoor listing,the relevant evaluation is obtained.Before finally through to make related analysis and performance evaluation is obtained in this paper for yuantong express backdoor listing of the conclusion: yuantong express through the backdoor listing for the sustainable development of enterprises in the future for the development of a lot of money,to consolidate the market position and improve its market rate in the express industry in the future to provide the relevant funds safeguard and laid a solid foundation.With the introduction of some new national policies on backdoor listing in recent years,the procedures and audit requirements for backdoor listing of enterprises are becoming more and more stringent.Managers should rationally analyze the situation of enterprises and choose the listing method suitable for enterprises.