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The Research On The M&A Performance Of The Double-main Industry Supported By Xinguang Group

Posted on:2019-12-01Degree:MasterType:Thesis
Country:ChinaCandidate:C WangFull Text:PDF
GTID:2429330566958790Subject:Accounting
Abstract/Summary:PDF Full Text Request
In our country,there are a lot of listed companies,although with the word "listed" the advantage of financing platform,but still faces many challenges in operations,business to the company's financing ability,thus lead to the deterioration of enterprise operating performance,profit decline,for a long time,the enterprise will be faced with the risk of delisting..Instead,in this case,some enterprises operating conditions continued to deteriorate,eventually retreat city,but also has a lot of listed companies actively,actively looking for good operating performance of enterprises,by integrating inject high quality assets,and on the path of being a shell to seek its own development.In the study of the past,many are in shell side as the breakthrough point,the backdoor listing is not only a backdoor Fang Chan aspects of business activities,also involves a shell company(listed company),both of us have to choose the initiative.This paper will be discussed from the perspective of listed companies.Backdoor fangyuan bearing case chose xinguang group,because fangyuan bearing shell be xinguang group is not like other backdoor listing after stripping the old business,but formed a real estate development and management is given priority to,slewing bearing production and operation of double main mode,this also is the highlight of this paper.How to improve the operation condition of listed companies,to create more benefit is more than mismanagement of the listed companies are faced with the problem you need,is also thinking about the problem of all listed companies need to share.In this article,through fangyuan support actively seek to inject high quality assets to improve their own business case analysis and research,in the theory and concept of backdoor listings and backdoor listing plan,on the basis of elaborating the from the aspects of financial performance to the case of backdoor fangyuan bearing,xinguang group to conduct a comprehensive in-depth analysis,thus draws the corresponding conclusion and revelation.In the analysis of the case,first of all introduces the ma on shan fangyuan slewing bearing co.,LTD.And both parties xinguang group and its transaction motive,the basic situation of the m&a scheme and the analysis of the scheme.And then through the xinguang group listed backdoor fangyuan supporting effect analysis,the financial conditions and operating performance before and after comparison and analysis,draw a backdoor listing financial effect and synergy effect evaluation,to check the situation of the implementation of the case and complete effect.This paper analyzes the future development trend analysis and operation plan of listed companies,and finally concludes the conclusion that xinguang group has successfully used the shell around the shell for listing: financial performance tends to be optimistic;The synergy and individual indicators need to be paid special attention to "double main industry",as well as "proactive efforts to develop diversified development";Enhancing resilience;Injecting high-quality assets to obtain brand effect;Strengthen the focus on the financial situation;Beware of the implications of risk prevention.In this paper,from how to solve the problem of poor management of listed companies to actively seek to develop as a starting point,to analyze fangyuan support actively seek to inject high quality assets as the core,in the case of a focus on exploring the performance before and after the injection of high-quality assets of listed companies,with the dilemma of listed companies to seek for their own development to provide reference.
Keywords/Search Tags:Back-door listing, Performance analysis, Poor management, Double main
PDF Full Text Request
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