A Study On The Reasons And Performance Of YuanTong Express Delivery

The express delivery industry is connected with consumption,production,financeand investment,and is a major supporting industry in China.In recent years,the revenue of the courier industry has increased eightfold from 574.6 billion yuan in 2010 to 4500.4 billion yuan in 2017.However,in the process of the rapid development of express delivery industry in our country,in recent years,private express enterprises also broke out all kinds of malpractices,internal confusion,employees instability,and then the quality of service,and so on,affected the brand image of express enterprises.Express companies such as Shentong,Huantong,Zhongtong,Shunfeng and Yuanda chose to go public in 2016 to quickly raise large amounts of capital in the capital market at low cost,thus overcoming the disadvantages of enterprise development.In such a big environment,this article focuses on combing the relevant documents of the shell listing,using the shell listing as a case study,the shell of the shell of the first yuantong yuantong listed creation,become the first Express,its successful listing representative.Therefore,based on the research of the motivation and performance theory of enterprise shell listing,this paper analyzes the process and a long and short term performance before and after shell listing.In the case analysis of the Yuantong Banchai Yang,this paper introduces a big background of the industry.SWOT analysis method analyzes the challenges and opportunities in the process of enterprise development,finds out the advantages of shell borrowing from the aspects of cost benefit and shell borrowing mode,and further reveals the motivation of shell listing.This paper studies the short-term effect of market response and the short-term financing effect of the market.This paper makes a comparison of enterprise’s operating,developing,solvency,ability and profitability ability from four aspects respectively.Finally,in the conclusion,how to do this to improve enterprise’s performance and guard against risk.This paper compares the financial performance and the short-term performance of the stock market before and after the listing of the yuan Tong and the CITIC IPO.It shows that the good performance of the yuan Tong is not only the result of the fact of listing,but also the huge effect of the way of the shell listing,which enriches thebreadth and depth of the research of the shell listing.To help express express companies from the direction of shell listing,how to finance,how to improve financial performance,how to health science long-term development,but also for other private enterprises to provide a reference price for reference experience,so as to promote the long-term orderly growth of private enterprises.