Case Study Of CJ Electric Power Asset Restructuring

The society is constantly improving and developing.At the same time,with the improvement of China’s capital market,the success of state-owned enterprise system reform has become a top priority.Asset restructuring,as an important measure of state-owned enterprise reform,has been widely used in enterprises.In this context,CJ Power has adjusted the industrial structure,optimized the business model,and proposed a major reform of asset restructuring.In this paper,the event research method and financial index analysis method are used as the two research methods throughout the paper.The paper analyzes the market performance and financial performance of CJ Power Co.,Ltd.after asset reorganization,and finally analyzes the positive impact and existing problems of asset restructuring advise.This paper is divided into five parts:The first part is the introduction,including the research background and significance,the research status at home and abroad,the research methods and contents,and the innovation of the thesis.The second part is the related theory of asset restructuring,which mainly expounds the definition and classification of asset restructuring,the theoretical basis of performance evaluation and the specific method of asset restructuring performance evaluation.The third part is the case description.Firstly,the background of CJ power asset reorganization is introduced.Secondly,the process of CJ power asset reorganization and other specific implementation scenarios are described.Finally,the results of this asset reorganization are summarized.The fourth part is case study.Firstly,it analyzes the stock price fluctuations before and after the reorganization announcement day.Secondly,it uses the event research method to obtain the market performance data before and after the reorganization,and explores whether the economic market is optimistic about CJ power asset restructuring.Using the financial indicator analysis method again,to explore whether the CJ power asset restructuring has created financial results for the enterprise.The research shows that the result of the CJ power asset restructuring is substantial,and the asset restructuring has been rapidly injected due to the injection of new assets.The expansion has effectively improved the overall operation of CJ Power in the short term,and the market recognition has also been improved accordingly.Asset restructuring has positive significance for the future development of the company.The fifth part is the case revelation and suggestion,which mainly includes the positive macro policy is the inevitable premise,the scientific planning development is the inevitable guarantee,the choice of the right time,the opportunity to seize the industry is the key to the reorganization success.Combined with the analysis of this case,the following suggestions are proposed:First,eliminating local barriers and promoting fair competition;Second,conducting objective,scientific and reasonable financial analysis and financial forecasting;Third,focusing on improving integration effects;Fourth,have a long-term vision and promote the sustainable development of enterprises;Fifth,strengthen the supervision and management of the capital market.