Introducing The Influence Of Strategic Investors On The Performance Of Jinjiang

A strategic investor is a legal person who has a close relationship with the issuing company and will hold the shares of the issuing company for a long time.By leveraging the advantages of strategic investors,listed companies can optimize corporate shareholding structure,enhance governance capabilities,improve incentive mechanisms,and improve operational efficiency.The introduction of non-state-owned capital as a strategic investor is one of the main ways for China's state-owned enterprises to carry out mixed ownership reform.Based on the case study,this paper selects Jinjiang shares to introduce Hony Capital through private placement.The main reasons are: Jinjiang is a local state-owned enterprise with early mixed ownership reform,and has obvious effects on corporate performance.Through analysis,the performance of Jinjiang's introduction of strategic investors has improved.However,after the introduction of strategic investors,due to the relatively backward management of M&A enterprises,the difference of business environment and the insufficient integration of resources,the actual value of enterprises is reduced,which indicates that there are defects in the operation process of enterprises.The article gives suggestions for countermeasures by sorting out the related problem defects and the causes.The participation of strategic investors has a positive effect on the development of enterprises,but enterprises should choose the cooperation partners that match the target company's strategy in order to better utilize the resource advantages and produce synergies.In addition,the introduction of strategic investors also has the risk of diluting shares and damaging the original shareholders' equity.Enterprises should pay close attention to the integration work with strategic investors later.Enterprises should rationally choose strategic cooperation objects,and the introduction of strategic investors should conduct in-depth research and analysis from thecombination of theory and practice.The state should introduce a series of preferential policies to introduce strategic investors,and provide necessary financial and material support to relevant enterprises,and provide a good trading platform for state-owned enterprises to introduce domestic and foreign strategic investors.The enterprise itself establishes a management mechanism that is compatible with the development strategy to adapt to the changes after the introduction of strategic investors,and effectively solve problems in management.