Analysis And Implication On The Reorganization Of ZhengZhou BaiWen Co.,Ltd

Merger and acquisition has been one of the most important way for an enterprise in the global competition. With China's economy reform and entry into WTO, merger and acquisition has been vigorous on Chinese security market. However, merger and acquisition on the Chinese market is still on low level due to the shares segmentation of listed company; internal control; lagged security regulating; limited financial instruments. All of this did not meet the needs of the development of Chinese enterprises in highly competitive market. So it is very important to research on merger and reorganization of Chinese enterprises.The case of reorganisition of ZhengZhou BaiWen Co.,Ltd is one of the most classical cases on Chinese security market. The complicate and innovate thoughts shown in this case is a driven force for the regulazation and development of Chinese security market. This article use research methods in management and economics, and western mature theories to analysis the reorganisition of ZhengZhou BaiWen Co.JLtd under circumstances and background materials of China market. Firstly, this article introduce the general situation of the case, which includes the origin, the course of the case and the detailed content of the reorganization. Secondly, analysis the value of the shell and show the interests of various parities. Then analysis the reorganization scheme of ZHENGZHOU BAIWEN CO.,LTD, and point out its innovation aspect, and law obstacle The innovative reorganization scheme gives special implication of this case. Finally, this article advices to perfect the code on Merger and Acquisition.