Research On The Risk Prevention And Control Of The VAM Between Jiuding Investment And Anda Technology

Since the introduction of the gambling agreement into China's capital market,it has gradually been widely used in China.There are too many companies currently using gambling agreements in China,but in terms of the final result of gambling,there are successes,but more are ended in failure.Those successful enterprises,through the east wind of the gambling agreement,achieved a curve overtaking and embarked on a path of rapid development.Enterprises that fail to gamble often face the risk of losing control of the enterprise,and are caught in the dilemma of equity disputes and even litigation.The signing of the gambling agreement will undoubtedly have a profound impact on the interests of both parties.The survey analysis shows that the failure rate of gambling among enterprises has remained high in recent years,and the gambling agreement that seems to protect the interests of investors is not the case.With the recent launch of Science and technology innovation board,the future private equity investment market will continue to be hot,and the signing of gambling agreements between enterprises will become more common,and the gambling agreement as an incomplete contract,the current overall mechanism arrangement still has defects,has a greater risk of hidden dangers.Therefore,an in-depth analysis of the potential risks of private equity investment companies in signing a gambling agreement,and comprehensive risk prevention and control measures for relevant risks,which will help the private equity investment enterprises to set the terms of the agreement reasonably when signing the gambling agreement,and finally the two sides will achieve a win-win situation.This paper takes Jiuding Investment and Anda Technology's gambling agreement as a case,and combines relevant domestic and foreign theories and actual cases to study the risk types and causes of the gambling agreement,and proposes risk prevention according to the identified risks.Recommendations for control measures.By reading a large number of related literatures at home and abroad,the main points of case studies are sorted out by means of inductive summarization,and the analytical framework of this paper is constructed.This article explores the entire case through six chapters.The first chapter is the introduction.This part firstly expounds the research background and research significance of the article.At the same time,on the basis of systematic analysis and review of relevant literature at home and abroad,it understands the connotation,motivation and risk of domestic and foreign experts and scholars on the gambling agreement.The main points of view and research conclusions,and then clarify the research ideas and methods of this paper,and construct the basic analytical framework of this paper.The second chapter is a theoretical overview.This part mainly expounds the related concepts of the gambling agreement,the types of risks,the general measures of risk prevention and control,and the theory needed by the research,paving the way for the following case analysis.The third chapter is the case introduction of Jiuding Investment and Anda Technology's gambling agreement.This part gives a brief introduction to Jiuding Investment and its basic situation of gambling Anda Technology,and then introduces the motivation of the two parties to sign the gambling agreement.The design and results of the terms of the gambling agreement.The fourth chapter is the risk analysis of Jiuding Investment and Anda Technology's gambling agreement.It mainly considers the types of risks existing in the process of gambling between the two companies from different angles,and analyzes the causes of these risks.The fifth chapter is the recommendation for risk prevention and control measures for Jiuding Investment and Anda Technology.According to the type of risk identified in the fourth chapter when signing the whole process of the gambling agreement,the risk prevention and control measures are proposed item by item.The sixth chapter is the conclusion and enlightenment of the case study.This part is based on the analysis of the types of risks and the proposed countermeasures in the whole process of signing the gambling agreement,and puts forward relevant conclusions and enlightenments,in order to effectively prevent the potential of private equity investment enterprises when signing the gambling agreement.Risk provides experience for reference.Based on the theory of options,information asymmetry and principal-agent theory,combined with normative research and case studies,this paper conducts a systematic review of domestic and foreign research literatures,and carries out the types of risks and causes in the process of signing gambling agreements.After analyzing and summarizing and proposing the risk response measures in a targeted manner,the following conclusions are drawn:(1)Jiuding Investment and Anda Technology are unreasonable in designing the financial performance terms of the gambling agreement;(2)the two parties signed a supplementary agreement in due course to achieve a winwin situation for both parties;(3)the signing of the gambling agreement helps to reduce the risk of information asymmetry;(4)the combination of gambling and gambling in the gambling agreement can effectively mitigate the investment risk.At the same time,combined with the status quo of private equity in China and summing up the experience,the following revelations are drawn: private equity investment enterprises can broaden investment channels,optimize investment objects,and enrich investment connotation.At the same time,enterprises should deeply identify the risk of gambling from different angles when constructing equity investment,and build real-time.Dynamic risk prevention and control system.Before the signing of the gambling agreement: the investor can comprehensively analyze the market and industry development to determine the target investment field,and at the same time build a professional project risk control team to select the most suitable investment target after conducting a thorough due diligence.In the signing of the gambling agreement: the investor can choose a suitable value assessment method to make a reasonable valuation of the invested company,and at the same time,the design of the gambling agreement can be more flexible and diversified.After the signing of the gambling agreement: the investor can flexibly change the terms of the gambling agreement according to the different progress of the gambling,or can send the management personnel of the company into the invested enterprise as the supervisory personnel to strengthen the supervision and incentive to the target enterprise.