Research On Financial Performance Of YTO Express Corporation's Backdoor Listing

With more financing channels era,securities capital market certainly is the enterprise first choice of the financing channels,enterprise listed methods present diversification trend,especially for the emerging Chinese capital market,the demand of the domestic listed companies is very big,but can meet the requirements of the overall listing is difficult,more hope of landing a-share market enjoy a high premium valuation companies focused on backdoor listings.As a convenient way to go public,the backdoor listing is accompanied by the development of the securities market,and its substance is the merger and acquisition of enterprises.At present,experts and scholars to the enterprise a lot of research on backdoor listings,countries have successively introduced theoptimization of enterprise merger and reorganization of the market environment of the comments and revised restructuring measures to guide and standardize the behavior of the backdoor listing,so to strengthen the research of enterprises backdoor listing has a certain practical significance,more and more scholars began to backdoor listings will really benefit the enterprise to make research.In this paper,the financial performance research of the case study is used to analyze and discuss the performance of the backdoor listing.This paper first introduces the backdoor listing of the background and research purposes,and combining with literature review on backdoor listings performance research basis to review and summarize the development course and their behavior,and on this basis,select the yuantong express backdoor dayang creation,use the form of assets reorganization case,the purpose of the public on case background,methods,significance and so on has carried on the detailed discussion.Then,in this paper,the case company listed on the borrow before and after the backdoor listing of the performance the sufficient research,from two aspects of the financial position and financial indicators respectively do the data analysis,and summarized the shell case was successful.Finally,the author explained the financial goals and the financial goals of the backdoor listing,and put forward the revelation of the case.