| Developing high technology and realizing industrialization are a long term target to promote our high-tech industry in our country. The university and colleges act as a high-tech creator and owner has played an important role to complete that aim. We can realize the industrialization only if we can combine the scientific technology and the capital, which can produce the win-win situation between the university and the society. The listed company of university make use of the powerful strength in scientific research, high qualified resources, specially the great society image for preciseness and efficiency from the university. The university owned enterprise can finance from the security market, and get the potential items from the university which have researched and have bright prospects, and put the fruit of scientific research into industry. The university can obtain the funds to continue his scientific research. The university owned enterprise works as a high-tech incubator. As the demand of the university owned enterprise development and the analysis of the policy of our security market, back door listing is a shortcut to enter into our security market. The university owned enterprise will reconstruct the shell-company and exchange the non-profit item out of the shell company so that the shell resource can be reutilized and the university owned enterprise can develop in high speed. If the university owned enterprise get success in back door listing, it will depend mainly on the efficient integration between the shell company and the university owned enterprise. We must pay more attention to the strategic management, organization management, financial management, human resource management, culture management. Two companies must harmonize sufficiently and get the source recombined. I hope to take some help on how the university owned enterprise will go and find a way to develop fast through my studying of the university owned enterprise back door listing. |