Research On The Effect Of Private Placement Of Listed Companies In New Energy Industry

With the development of the economy and society and the improvement of the financial system,more and more enterprises choose IPO after reaching a certain scale to collect more funds through entering the capital market and promote their own development to a new level.There is no end to development.Driven by economic interests,listed enterprises will continuously carry out the cycle of input and output,and their demand for funds will continue.After the initial issue,when there is a need for funds again,they will choose to refinance.In many financing methods,private placement has become the first choice of many listed companies,especially large companies,because of its advantages such as fewer restrictions,simple process and low issuing cost.The market size of private placement has also expanded rapidly.From the perspective of industry,after the strategy of "carbon peak" and "carbon neutrality" was put forward,the new energy automobile industry has gradually become a pillar industry of the national economy,and the power battery industry,a key factor determining its development,has also ushered in explosive growth.Therefore,strengthening the research on private placement of listed enterprises in the new energy industry can reflect the whole process of private placement of all listed enterprises,assess the internal and external influences of private placement on enterprises as well as the actual effects and real benefits,further comb out the causes and consequences of private placement of enterprises,and explore the real effects and internal logic of private placement.It provides reference for other listed enterprises to conduct private placement,and also helps the regulatory authorities of the financial industry to further optimize the regulatory focus and means.This paper chooses the new energy industry giant--Ningde Times as the research sample,starting from the effect of its two private placement,established the corresponding evaluation system for analysis and research.From the perspective of subdivision,it comprehensively evaluates and analyzes the financial effect before and after the two private placement in Ningde era from five aspects: solvency,profitability,operating ability,growth ability and cash flow.From short-term stock price and long-term stock price,this paper comprehensively evaluates and analyzes the market effect before and after two private placement in Ningde era.From the two aspects of business performance and market share before and after private placement,comprehensive evaluation of the direct and specific impact on the company’s operating conditions.On this basis,the comprehensive effect of the two private placement in Ningde era is summarized,that is,private placement is conducive to improving the overall strength of the company,contributing to the improvement of corporate governance structure,having a positive impact on the market performance of listed companies,and bringing the explosive growth of the company’s operating revenue.And put forward the appropriate strengthening of information disclosure of private placement,more detailed disclosure of the use of funds,pay attention to the interests of minority shareholders and other corporate private placement suggestions,as well as strengthen the examination and approval and follow-up management,supervision of asset quality and investment investment,improve the governance mechanism of listed companies,strengthen the establishment of legal protection mechanism to protect the interests of minority investors and other regulatory departments supervision suggestions.And looking forward to the future development trend and operation mode of private placement,as well as the financial regulatory departments to formulate and adjust the focus of relevant policies,to better prevent the risk of the capital market,promote the healthy and steady development of the capital market.