Case Study Of Backdoor Listing Of Yunda Shares

As the main member of the second tier of China's logistics industry,Yunda shares,under the situation of rapid development of the logistics industry,competitors competing for backdoor listing and supporting financing,the backdoor of Yunda shares has been subject to new regulations on asset restructuring,resulting in the revocation of Yunda shares.After successful,it failed to obtain the expected matching financing.The Yunda incident is also facing the inflection point of the industry,intensifying market competition,and restructuring the new regulations.It has irreplaceable typicality and research value.After systematically introducing the case of Yunda's backdoor,this paper analyzes the cost-benefit of various major choices in the listing process in chronological order,and finds that Yunda has done a perfect job in the selection of the listing place and the listing method to realize the company.The current strategy of rapid financing to seize the market offers greater possibilities;in terms of backdoor object selection,Yunda has selected Xinhai Electric with full delisting motives and is willing to accept the asset replacement payment,saving money for the reverse case of Yunda shares.A lot of shell money.However,under the control of a series of strict capital operations,Yunda shares are still subject to regulatory restrictions,causing Yunda to become the only company in the second tier of the logistics industry that has not been able to obtain back-up financing.The strategic layout has created major financial obstacles.This article combines the capital supply and demand conditions and practices in the current capital market,and in conjunction with Yunda's development strategy and the current market environment,it provides corresponding compensatory measures for the failure of Yunda's supporting financing,including equity pledge financing and bond financing.And put forward a resource integration scheme suitable for the rhyme model.The supporting financing is the main purpose of the backdoor listing of Yunda shares,especially in the context of the outbreak of industry inflection points and competitors competing for the pre-occupation zone.The implementation of the new regulations on asset restructuring may cause irreversible development problems for Yunda shares.The research in this paper provides certain compensatory measures for the matching financing of Yunda shares,and it can also provide reference for other companies with such problems.