Analysis On The Motivation And Financial Effect Of Y Logistics Enterprise's Backdoor Listing

Recently,the Chinese government has successively issued many policies to promote the accelerated development of express delivery logistics enterprises.There is no doubt that it is the state's dividend policy for China's express delivery enterprises,which is of great significance to the development of the express delivery industry.Driven by the intelligence of information,the demand of the national express delivery logistics enterprises is also increasing day by day.The development of this industry has also promoted China's economy and employment.In 2016,the express delivery industry encountered opportunities and challenges and in the meantime,they seized the opportunity to transform and develop so that they got the fastest breakthrough in their growth process.In this year,China's express four giants were listed one after another and only one of them was limited to list.With the restrictions on new financing regulations,under the conditions of fierce competition,policy adjustment,and limited funds,the motivation of Y logistics company to go public and the financial effects after backdoor listing have received special attention from relevant people and scholars.This paper takes Y logistics enterprise as the research object,and uses literature research method,case study method and comparative analysis method to systematically analyze and study the motivation and financial effect of Y logistics enterprise backdoor listing.Firstly,it summarizes the background and significance of the backdoor listing of Y logistics company.Through the study of domestic and foreign scholars,the related literature on backdoor listing has deepened the study of the causes and financial effects of backdoor listing,and pointed out the innovation of Y logistics company.It summarizes the related concepts and theoretical foundations of backdoor listing.And the third is the summary of the case of Y logistics company's backdoor listing and the analysis of the motivations,including the summary of the development of China's express delivery industry and the listing situation,reviewing the event of Y logistics enterprise backdoor X electrical enterprise,explain the basic situation of the two parties and the transaction process,analyze the results of the Y logistics enterprise transaction and the motives of the two parties' transactions.The fourth isthe financial effect analysis of the Y logistics enterprise backdoor listing,and the financial effects before and after the backdoor.In the end,it summarizes the experience of Y logistics company's backdoor listing and the future development of the company,and concludes that the backdoor listing of Y logistics enterprise has brought positive financial effects to the enterprise,and summarized relevant experience for other private express delivery enterprises.Y logistics company faced the inflection point of the industry,the intensification of market competition and the revision of new regulations,which has irreplaceable typical and research value.