Research On Financial Risk Control Of Zhuo Lang Intelligent 's Backdoor Listing

Rapid growth companies need a lot of money support,the existence of the capital market for enterprise financing provides great convenience fast,many enterprises hope to quickly enter the capital market,the funds required to grow,and enter the capital market conditions are harsh,enterprises access to capital markets there are two main ways: directly through the IPO and backdoor listings,listed companies directly to long-term process and strict approval process,the supervision department of the relevant listed companies to conduct a comprehensive review,listed for enterprises urgently need money directly is very difficult.Backdoor listing,as another means to enter the capital market,provides another way for enterprises.Backdoor listing can help enterprises avoid the cumbersome approval process and long waiting time in line,so that enterprises can quickly obtain the needed development funds.Backdoor listing can achieve effective integration of resources,retain the listing qualification of the original enterprise,and improve the financial structure of the listed enterprise,so as to achieve win-win and development of both enterprises.Therefore,backdoor listing becomes a very effective way for enterprises to enter the capital market.Many enterprises backdoor listings ultimately ended in failure,it has to do with a shell company without good avoid financial risks have significant relationships,backdoor listings as a high-risk capital operation activity,if unable to effectively control risk in the process of shell,will inevitably cause the whole operation failure,can effectively control the occurrence of financial risk is the key to the successful backdoor listing of the enterprise.In the process of backdoor listing of enterprises,by controlling financial risks,the probability of successful backdoor listing of enterprises can be improved,and good results can be generated for the later development and operation of enterprises,so as to solve the fund demand of long-term development of enterprises.This paper adopts case analysis method to analyze the successful case of zhuolang intelligent backdoor listing in xinjiang city construction,and studies the measures adopted by zhuolang intelligent to avoid financial risks in the process of backdoor listing,so as to provide reference for Chinese enterprises to successfully avoid risks in backdoor listing.Zhuo lang intelligent backdoor construction in xinjiang completed the operation in a short time,and through this backdoor listing to meet the needs of xinjiang urban construction and zhuo lang intelligent future development,to achieve a win-win situation of both sides.As the first successful backdoor listing case after the reorganization of the new rules in 2016,the measures to prevent and control risks in the backdoor process are very effective and distinct.Case part for a shell company ZhuoLang intelligence and shell company xinjiang urban construction is introduced in detail,describe the shell shell on both sides of the basic financial situation before,then describes in detail ZhuoLang intelligent backdoor listing process,mainly including ZhuoLang intelligent shell by shell in the process of mode and method of payment,and then analyzed ZhuoLang financial risks exist in the process of intelligent backdoor listings,including shell resource risk,finance risk,valuation,risk and performance commitment and integration of risk,in view of the existence of these risks,analyze ZhuoLang intelligent risk aversion in the shell,the specific measures taken by the evaluation the effect it has ZhuoLang intelligent control financial risk,Finally summed up the successful backdoor listing experience,for the future similar enterprises successful backdoor listing provide reference.