Research On Application Value Of "PE+Listed Company" Mode

With the rapid development of the economy,most of the listed companies in China are facing problems such as technological change,industrial transformation and slowdown in growth.More companies choose to concentrate productivity through merger and acquisition integration to enhance the control of listed companies on the upstream and downstream industrial chains and maintain the stable development of enterprises in Chinese financial market.On the other hand,private equity funds face difficulties in listing and exit.The problem of single channel.With the obstruction of the exit channels of private equity investment funds and the urgent needs of listed companies for mergers and acquisitions,the “PE + listed company” mode and have received market attention and developed rapidly.This merger and acquisition fund model is a process of continuous exploration and improvement for listed companies that are transforming and upgrading or for the Chinese financial market that is maturing.It is of great research significance for us.This article analyzes the motivation and operation mode of the listed company’s merger and acquisition fund through a combination of literature analysis and case analysis.Taking Silicon Valley Paradise,which pioneered the “PE + Listed Company” mode,as the research goal,the most classic Silicon Valley Paradise Hunan Da Kang International Food & Agriculture Co.,Ltd.,and Steyr Motors Corp.were compared and analyzed to improve financial performance,The application value of the "PE + Listed Company" M & A fund is analyzed from three aspects: improving financial performance,enhancing company value and generating synergy.First,through the analysis of financial indicators of profitability,operating ability,debt repayment ability and growth ability,it is concluded that the creation of a "PE + listed company" model can improve the financial performance of listed companies in the short term;secondly,market analysis is selected for market performance research.The analysis shows that the stock prices during the M & A event window have increased to varying degrees.The “PE + Listed Company” type M & A fund has had a favorable impact on market performance by raising the price of the listed company.Finally,it sorted out the “PE + Listed The operating synergy,management synergy and financial management effect generated during the operation of the "company" are based on this,and provide policy recommendations for promoting the healthy development of the "PE + listed company" M & A fund.