Case Research On Longping High-tech Assets Reorganization

The assets reorganization of listed company is an eternal theme in the capitalmarket, which is the important method of realizing the resource configurationoptimization in the capital market, and is also one of the most effective way ofwinning best scale, increasing competition strength, improving the corporate valueof listed company. During the recent years, China’s a-share listed company assetsreorganization presents the fast growth the tendency, but at the same time alsoexposed a lot of problems.In order to provide references for the reorganization of internal listed company,this paper researched on the case of Longping High-Tech assets reorganization. Thefirst chapter discussed about this paper’s background, meaning and framework;Based on the research results of domestic and abroad assets reorganization, reviewedthis paper’s ideas and structure; And put forward the research methods of this article.In the second chapter, we will review the history evolution and status quo ofLongping High-Tech, and simply described Longping High-Tech through fourperiods, which including preparatory period, listed business development period,diversification period, focus on its shrinking scale; In the third chapter, LongpingHigh-Tech assets reorganization is divided into three types of shares transfer,divestitures, acquisition, and analyzes that combined with three different types of thespecific case briefly; The fourth chapter, from financial value, the strategic value,industrial management, capital market four levels of case involving the assetsreorganization evaluation, Longping High-Tech restructuring the overall effect of thegood. At the same time, this paper researched on the enlightenment of LongpingHigh-Tech assets reorganization, and summarizes the full text at last.A series of Longping High-Tech assets reorganization is an full representation ofindustry strategy leaded by seed industry. Longping High-Tech peeled off thenoncore assets, Forming the dominant industry sector clearly, which is benefit tomaximize the value of shareholders; Through the integration of production, itimproved it’s core competence and the technical innovation ability, and it’s valueconfirmed by capital market.