Financial Effect Research Of Jinjiang Stake’s Mixed-owner Reform

In the Third plenary session of the eighteenth,leaders emphasize that,the reform of the State-owned Enterprises should be reformed to mixed ownership.Today,the aim of the Mixed Ownership Reform is not only promoting the shareholding reform of the State-owned Enterprises,optimizing the equity structure,and the need to increase the market operating mechanism of State-owned Enterprises,but also improving the ability of management,operation,realizing the State-owned Enterprises’ long-term strategic objectives of"Going-out".The Mixed Ownership Reform of State-owned Enterprises have many ways,such as introduction of Strategic Investors.Introducing Strategic Investors is adopted by more and more large State-owned Enterprises in recent years.Strategic Investors are different with the speculative investors,speculative investors only supply short-term investment in enterprises,their aim is to get the rapid arbitrage,Strategic Investors not only fund the State-owned Enterprises,but also reduce the pressure of enterprise’ capital m&a and expansion,at the same time,it improves governance mechanism,acquisitions of state-owned enterprises,widening marketing channels and providing resources to support,assisting state-owned enterprises to adapt to the market mechanism better,strengthening enterprise’ competition ability.Based on the research of the State-owned Enterprises’ reform in recent years,this article choose Jinjiang Stake-the hotel industry’s leading state-owned enterprises as the study object,firstly,get the definitions of the Mixed-owner Reform of the State-owned Enterprises,the Strategic Investors and other related theories.Secondly,review the background of Jinjiang Stake and the Strategic Investors.Thirdly,using financial indications to analysis Jinjiang Stake’s mixed ownership reform of financial effect.And analyze the positive and negative financial performance,the reasons for its effect and how the reform helped to develop these conquenceses.Finally,giving suggestions to Jinjiang Stake’s negative financial performance.At the same time,enlightening the Mixed-owner Reform of State-owned Enterprises.Analysising the reform of Jinjiang stake more in-depth,answering the question that how the Mixed-owner Reform have impact on the management,fundations of the enterprise,and finally how reflects on the positive and negative financial performance.Using the actual ease to comment the achievements of the reform of State-owned Enterprises,summarizing experience and enrich the relevant case studies.