Research On The Listing Experience Of Rural Commercial Bank Of Zhangjiagang

Rural commercial banks are established on the basis of rural credit cooperatives,rural credit unions,rural cooperative banks.It has developed rapidly in recent years.It is not only the core force in rural financial institutions,but also an important part of China's banking industry.It has made outstanding contributions to the local economic construction and the development of small and medium-sized enterprises.For a long time,rural commercial banks have not been able to achieve A-share listing for various reasons.It was not until September 2016 that Changshu Rural Commercial Bank officially landed A shares,which opened the curtain of A share listing of rural commercial banks.Rural Commercial Bank Of Zhangjiagang is the first local joint-stock commercial bank set up by rural credit cooperatives in China.It is also the first rural commercial bank to accept the guidance of listing in China.Its path to listing has been widely watched,but a decade later,the A-share market was officially listed in 2017.The rough experience of its listing and the preparation for its listing deserve our analysis and research,and it is worth the other rural commercial banks to learn.This paper takes Rural Commercial Bank Of Zhangjiagang as the case,focusing on three aspects:the performance before listing,listing strategy and process,and the situation after listing,and summarizes the listing experience that other agricultural and commercial banks are worth learning.And to Rural Commercial Bank Of Zhangjiagang firm's management development puts forward the proposal.Specifically,this paper uses case analysis,literature research,horizontal and vertical contrast analysis,financial analysis to carry out the analysis.Based on the analysis of the pre-market situation of Rural Commercial Bank Of Zhangjiagang,this paper makes a detailed analysis of the operating situation of Rural Commercial Bank Of Zhangjiagang and finds out the problems existing before the listing of Rural Commercial Bank Of Zhangjiagang and some reasons for its listing.The analysis of listing process mainly analyzes the place of listing,mode choice,path choice,listing process and issue pricing.Analysis of the development after listing,mainly analysis of the financial indicators and business development after listing,and combined with other listed agribusiness comparative analysis.Finally,this paper not only put forward the development proposal to the Zhangjiagang agricultural and commercial bank,but also summed up the key points for the listed rural commercial banks to pay attention to the listing.Conclusion:The listing of Rural Commercial Bank Of Zhangjiagang is mainly to solve the problems of the relative shortage of capital and the lack of channels to expand capital.At the same time,try to improve the management and incentive mechanism,and so on.Through the listing of the listing location,the listing mode,the choice of the way of listing,as well as the early acceptance of the listing guidance and other means to realize the listing.After listing,its performance and management has made some progress.Through the research and analysis of this paper,we hope to provide some reference significance for the agricultural firms with similar qualifications.