The Case Analysis Of Yun Da Freight Backdoor Listing

Nowadays,China's express market share and express business volume have become the world's number one.This is due to the continuous surge of consumer demand and the accelerated development of e-commerce.The development and prospects of the express delivery industry are getting more and more attention from the nationals.The status is increasingly prominent.At present,only by relying on the support of capital,improving the efficiency of the modern management system,and thus enhancing the competitiveness of the core business of enterprises,can the rapid development of the express delivery industry.Companies that choose to go public through IPOs are not only complicated,time-consuming,but also extremely costly.With the decreasing rate in recent years,backdoor has become a faster,more efficient,and lower cost listing route for most express delivery companies.Backdoor listing is an inevitable outcome of China's long-term economic development.It is also an important way for many enterprises to achieve long-term development goals of business transformation and upgrading.Therefore,it is necessary to conduct a profound analysis of the listing of backdoors.This paper sorts out the theoretical achievements of experts and scholars in home and abroad in recent years,and analyzes the overall development and listing status of China's current express delivery industry.Taking one of the best express delivery industry,Yunda Freight,as an example,it is increasingly competitive.Under the circumstance of the increasingly fierce competition for capital resources,the urgency and necessity of listing by means of backdoors were selected,and the motives,advantages,risks and problems in the listing process were explored in depth.This paper combines the latest theoretical research,taking the actual problems faced by Yunda Freight as a case,and analyzes its listing process and its subsequent performance.At the beginning of the article,the research background and significance,research ideas and methods,innovations and deficiencies of Yunda Cargo's backdoor listing were explained.Secondly,the classification summarizes the theoretical achievements of predecessors in the listing of backdoors in recent years,and summarizes the current domestic express delivery.The overall development of the enterprise and the status of listing;the introduction of the case of Yunda Cargo's backdoor listing of Xinhai Stock,and the analysis of the motivation of Yunda Cargo to choose the backdoor listing,based on the financial data,indicators and strategic development before and after the listing,and the risks in the backdoor The problem analysis,the relevant research conclusions are drawn,and it is hoped that relevant proposals will be provided to the companies to be listed in the future.