GroupGreat Wall Computer Share Exchange Absorbing Great Wall Information Value Study

With the progress of society and the development of the capital market,the development of the contemporary enterprise group can not only rely on its inherent wealth,but also accelerate the expansion of scale by the way of mergers and acquisitions.At the same time,the common development of the stock market driven by the capital market also makes the circulation of the ownership transaction double the stock.The background of this era has also led to the recent merging mode of mergers and acquisitions,which has become the most popular way of business combination in China.Its advantages are not only to avoid a large amount of cash payments in cash mergers and acquisitions and to save transaction costs,but also to achieve a reasonable and legitimate tax avoidance and stock appreciation.This study used the Great Wall Computer Exchange Stock Exchange and Great Wall Information as an analysis case that occurred in early 2017 to apply the theory to the case analysis practice.After a series of calculations,analysis,and research,a rational conclusion was reached.The first chapter of this article is the introduction part,which states the research background,significance and purpose of the article,suxmnarizes the literature review,etc.,and then introduces the theoretical basis of the exchange and absorption merger.This will pave the way for the next chapter to introduce the specific events of the case company,followed by this article.The core research and analysis,first of all,test the feasibility of the ratio of shares,and then use a variety of analytical methods to study the value of its merger,and finally sum up the conclusions and elaborate expectations.The restructuring was in line with the adjustment of industrial policies in China's securities market and played a positive role in increasing the concentration of China's electronic information industry.The case chosen in this article is a case of extremely typical industry in China's electronic technology enterprises.It analyzes the case companies from multiple angles,including the analysis of the rationality of the ratio of shares exchanged,the analysis of the value of the exchanged shares after merger,and so on.It can also provide reference and reference for future share transfer and merger cases in this industry.