| Education is the basis of a century-long plan.With the continuous progress of so ciety and the transformation and upgrading of economy,China’s private education syst em has gradually improved,and vocational education occupies an increasingly indisp ensable position in China’s education system,and the emergence of related private ed ucation has also made corresponding contributions to China’s economic development and construction.In recent years,the government has provided more help for the deve lopment of vocational education in terms of policies,and adopted corresponding educ ational reform measures according to the current educational development in China,w hich further promoted the rapid development of vocational education organizations an d provided a strong guarantee for the talent reserve in the process of social and econo mic development in China.On the other hand,with the increasing employment compe tition of college graduates,education has gradually become professional,and the mar ket has broad prospects for development.Therefore,under the fierce competition in th e market environment,many education-related organizations are developing for the pu rpose of listing.Compared with the domestic IPO environment,backdoor listing has l ower cost and lower investment time for institutions that want to go public,so backdo or listing has become the main choice for these institutions to go public.However,bac kdoor listing,as the most important way of listing and trading,has some drawbacks a nd shortcomings due to its own particularity.Therefore,it is extremely urgent to analy ze backdoor listing in an all-round way,especially the choice of shell resources,the de termination of backdoor model,the motivation of backdoor listing and the change of e ffect after backdoor listing.This topic is mainly based on three aspects,including backdoor listing theory,m otivation and effect analysis.By consulting and collecting historical research results at home and abroad,this paper makes a full investigation on the basic situation of both s ides of backdoor and the process of backdoor listing,and analyzes the motivation fro m two angles of backdoor and backdoor;Then,using economic added value and Du P ont analysis method to analyze the effect of backdoor education in Chinese public edu cation;Then,using the event research method,this paper analyzes the performance of Chinese public education,and then analyzes the influence of backdoor listing on the company’s market share.Finally,through the research content of this paper,we can dr aw relevant enlightenment,and combine the key factors of the successful listing of Zh onggong Education,and put forward some suggestions,which can provide reference v alue and reference significance for other enterprises in the industry who intend to go p ublic by backdoor. |