Study On The Design Of Equity Financing Scheme Of Gansu Zhongweisi Aluminum Company

Under the background of supply-side structural reforms,small and medium-sized enterprises in the private economy,especially in the traditional manufacturing industry,face a major mission of transformation and upgrading.Their “financing difficulty”problem is more prominent.Due to the impact of information asymmetry,SMEs have financing channels It is narrow and can often only rely on bank loans,and the management philosophy of SMEs is generally lagging behind,relying on family management.Equity financing has less pressure on corporate cash flow and can be upgraded through the introduction of equity.In recent years,it has gradually been favored by SMEs.This article takes Gansu Zhongweisi Aluminum Co.,Ltd.as the research object,combs and introduces the relevant theories of corporate financing;deeply analyzes the company's financing status,and finds out the company's financing in the "single financing channel,excessive concentration of equity,Specific issues such as the inability to meet expansion needs and a more extensive financing management model;with the analysis of the difference in earnings per share as the core,the necessity of the company 's equity financing was analyzed;combined with the actual situation of the enterprise,Gansu Zhongweisi Aluminum Co.,Ltd.was formulated The financing principle of the company is calculated through the sales percentage method,and the in-depth analysis of the company 's financial situation from the three aspects of debt solvency,operating ability and profitability is carried out,and the horizontal comparison analysis is carried out by selecting relevant financial indicators of listed companies in the same industry.It is concluded that the company already has the foundation of equity financing;through the comparative analysis of public market financing and private equity financing,private equity financing is selected as the specific way of equity financing of the company.The final design was based on the pre-investment valuation of 420 million yuan as the benchmark,selected Hualong Securities as a financing consultant,PE investorsinvested 126 million yuan by equity transfer,and invested in Gansu Zhongweisi Aluminum Co.,Ltd.,accounting for 30% of the shares.,The investor's equity financing plan to opt out after the listing and listing.And carried out risk analysis for the plan,and formulated "building a scientific financing decision management system,ensuring continuous growth of operating performance,increasing investment in product research and development,and improving corporate governance structure" and other safeguards to protect the smooth implementation of the financing plan.