Analysis Of Economic Consequences Of Weisheng Information Splitting And Listing

With the deepening of China’s market reform system,China’s capital market is becoming more and more perfect.China’s enterprises are also undergoing a variety of transformation,some enterprises began to no longer pursue the continuous expansion of diversified development mode,gradually to the contraction of the development strategy transformation.As an important contraction strategy means,the rise of the split is sought after by many listed enterprises.At the same time,China’s science and technology Innovation Board officially successfully landed on the Shanghai Stock Exchange.Subsequently,China’s Securities Regulatory Commission also issued policies on spin-off listing,supporting qualified listed enterprises to spin-off their subsidiaries or businesses in the domestic spin-off listing.This move has undoubtedly enhanced the enthusiasm of listed companies to be listed on the spin-off,making more and more enterprises plan to be listed on the spin-off of their subsidiaries.As one of the first batch of enterprises to be listed on the science and Innovation Board through spin-off,the study of Weisheng Information can not only help enrich China’s exploration of spin-off and listing,but also help to provide reference for the subsequent enterprises to be listed on the science and innovation Board.Under the above background,this paper selects the first batch of Weisheng Information enterprises to be listed on the science and technology Innovation Board,mainly adopting the case study method.This paper first introduces the research background and significance of the topic,and then determines the writing ideas of this paper by reading and referring to domestic and foreign literature.Secondly,it introduces some theoretical concepts about spin-off listing.Followed by the case analysis,a brief introduction to the company’s profile,detailed analysis of the process of listing and listing of the split motivation,found that the listing motivation is mainly to obtain more financing,enhance the value of the enterprise.Then this paper analyzes why the spin-off and listing will have an impact on the company’s economic consequences,followed by the use of event research method,Tobin’s Q value method,EVA method and financial indicators to analyze the economic consequences of Weisheng Information after the spin-off and listing.This paper uses the above financial analysis method to find that The performance of Weisheng Information is good after the spin-off and listing,which has a certain positive effect on it.Finally,this paper summarizes the full text and puts forward some suggestions to the listed enterprises.Enterprises should carefully choose spin-off listing according to their own development status.After the spin-off listing,they should pay attention to the company’s follow-up development and the supervision department should strengthen supervision.