A Study Of The Impact Of Reverse Mixing On The Corporate Performance Of Beijing Spc Environment Protection Tech Co.,Ltd.

Mixed ownership reform has become a hot topic of social and economic concern in recen t years.While there are abundant studies on State-owned enterprises as the main body of refor m,there are fewer studies on private enterprises as the main body of reform,i.e."reverse mixed reform",which refers to the reform process of nationalization of private enterprises by introdu cing state-owned capital.On the one hand,private enterprises can obtain favorable resources from state-owned enterprise to improve their operation and financing ability;on the other hand,State-owned enterprises hope to introduce a more dynamic market operation mechanism,revit alize relevant assets and realize the value-added of state-owned assets.This paper selects the reverse-hybrid reform of Beijing Spc Environment Protection Tech Co.,Ltd.,a private environmental protection company,as a research case to explore the impact of the reverse-hybrid reform of Beijing Spc Environment Protection Tech Co.,Ltd introducing state-owned capital on corporate performance.By analyzing the business environment of Beiji ng Spc Environment Protection Tech Co.,Ltd before the reverse-hybrid reform,the reasons for the reverse-hybrid reform,and the changes in corporate performance after t he reverse-hybrid r eform,the effect of the reverse-hybrid reform is studied.Finally,we draw conclusions and sum marize the mixed reform experience to gain insights,with a view to providing assistance to the reverse mixed reform of private enterprises.This paper uses case study,literature analysis,comparative analysis,and a combination of balanced scorecard and event study methods to evaluate the overall performance and short-ter m market performance of companies after the reverse-hybrid reform.Through a comprehensive analysis,the article concludes from two aspects: the impact path of reverse hybridization on c orporate performance and the effect of reverse hybridization: first,reverse hybridization affect s corporate performance by producing effects at the operational,managerial and financial level s.Firstly,the business synergy between the two parties after the reverse-hybrid restructuring re sults in positive effects at the operational level;secondly,the reverse-hybrid restructuring impr oves corporate governance,which in turn improves corporate performance at the managerial le vel;again,the introduction of state capital helps the company to get out of the financing dilem ma,which improves performance at the financial level.Secondly,the corporate performance o f Fresh Environment is improved through reverse mix.In response to the above findings,this p aper also gets relevant insights by sorting out the experience of the reverse-hybrid reform of Beijing Spc Environment Protection Tech Co.Ltd: firstly,it is recommended that private enterp rises intending to participate in the reverse-hybrid reform should choose suitable strategic inve stors taking into account their own situation;secondly,they should actively integrate advantag eous resources after the reverse-hybrid reform to obtain synergistic effects;thirdly,they should improve their core competitiveness;fourthly,they should pay attention to the reasonable use of the funds raised in the reform process,improve risk awarenessand avoid blindexpansion.