Research On The Motivation And Performance Of Jincheng Share In Jiangsu Academy

A successful listing indicates that the company has qualified for financing in the stock market.Because the listing of Chinese enterprises is carried out by the approval system,the listing qualification is very valuable.Many companies want to get listed in order to get financing in the financial market,but not every company can pass the audit.Generally speaking,there are two ways for Chinese enterprises to go public: IPO and backdoor listing.IPO listing audit time is long,time cost is high,and there is a high threshold.In recent years,the state has tightened the IPO listing policy,and even stopped IPO listing for a long time.Compared with IPO,backdoor listing has a lower threshold and a shorter review time,which is favored by more and more non-listed companies.Backdoor listing not only saves time and avoids queuing,but also achieves the purpose of listing and financing.Therefore,the backdoor listing is worth studying.This paper takes the successful listing of jiangsu jincheng backdoor stock as the background and studies the positive effects of backdoor listing.Based on carding domestic and foreign literature and related theory analysis of backdoor listings,as well as to the jiangsu province hospital backdoor jincheng shares,on the basis of the background,process and dynamics is introduced by using event analysis,financial capacity evaluation and methods of economic added value is calculated,respectively from the market effect,financial performance and corporate value enhancement in the face of backdoor listing performance are analyzed,and on how to use the shell resource successful listing relevant opinions and Suggestions are put forward.The research of this paper shows that the stock price of jiangsu yuebackdoor jincheng shares rises obviously after listing,which has an obvious effect on the improvement of financial ability index,but it gradually weakens with the passage of time and has a great impact on the improvement of enterprise value.This paper believes that,compared with IPO,backdoor listing is a shortcut for enterprises to go public,but to achieve the expected listing effect,we must carefully choose the shell resources,and with the help of listing,establish a scientific corporate governance mechanism,standardize the company’s management system,improve the company’s management level.The main innovation of this paper is to take backdoor listing as an example,analyze the motivation and performance of backdoor listing from a multi-dimensional perspective,which is not only novel in topic selection,but also can more comprehensively reveal the performance and underlying reasons of backdoor listing.