Web Host Technologystudy Of The Problem Of IPO To Raise Money To Use

On October 30, 2009, with 28 gem listed company, the growth enterprise market officially opened. The establishment of the growth enterprise market, our country can not meet the mainboard listed conditions of high-tech small and medium-sized enterprises provides direct financing channels. On the Shenzhen stock exchange, summarized the data, by the end of 2014, a total of 406 companies by gem, preliminary alleviate our country small and medium-sized enterprise financing difficult problem. But the development of the gem in our country is not plain sailing, in October 2009, the first 28 companies listed was scheduled to raise capital of 6.7 billion yuan, the actual raised up to 14.525 billion yuan, raise rate of 116.79%; The second batch of listed eight companies, plans to raise capital of 1.6 billion, the actual raised as high as 4.6 billion, super raise rate is as high as 190%. Faced with huge to raise funds, listed companies to raise funds use undeserved problems exposed. How to efficiently use huge fund-raising has been the hot topic for debate.To this end, this paper adopts the combination of theoretical analysis and case analysis research method, first of all, on the basis of reviewing a large number of domestic and foreign literature, summed up the problems of using the gem IPO in China embodied in:(1) To raise the service efficiency of funds is low.(2) To raise money to change frequently.(3) To raise money to use lack of supervision.Secondly, this article selects network technology co., LTD., as the main body in the case. Select web host technology as the main body of the reason mainly has three points:(1) The web host technology is one of the first 28 companies listed on the gem, more representative.(2) The hair of the science and technology has a strong colour "family business", big shareholder agency problem is serious, listed after been cashed out "executive", "annals of the gem in the history of the worst" and other negative news.(3) The web host technology has exposed many problems in using of raising money, can comprehensively reflect the above conclusion of raise funds to use. Based on network host technology as the research subject, this paper aimed at the specific issue of raising money using the analyzes the three aspects of case company to raise funds use problems on deep interpretation, a comprehensive understanding of case company to raise money using the causes of problems and the impact of the company.Finally, based on network technology co., LTD. To raise funds to use problem of mapping out the gem and the case company has a deep insight into a similar problem of listed companies in raising money, and according to the manifestation of raising money using two levels for the enterprise itself and the supervision department respectively puts forward improvement Suggestions. Mainly includes the enterprise perfect internal corporate governance structure, strengthen the enterprise investment project feasibility study, improve funds raised in excess of the idle to improve capital utilization; Create a good investment and financing environment for the regulators; Perfect the raising money using the information disclosure system, strengthen supervision and punishment dynamics, put an end to the recessive violations.This paper is intended to raise funds through case company detailed analyzed the use problems, raise funds from the use of reason and the impact on the company, the case company and government functional departments put forward improvement measures, looks similar to the case company and its businesses to raise money to use problems governance play a reference role.