| Since the reform and opening up,the marketability degree of Chinese economy is more and more high,especially with China joining WTO,the degree of Chinese economy and global economics integration is also higher and higher,the market competition is intensifying day by day.If an enterprise wants to stand invincible in the market competition,it needs to seize the opportunity in resources,technology,talent,channels and other aspects,which undoubtedly needs abundant funds as support,and listing can provide continuous,stable and interest-free funds for the enterprise.Listed backdoor listings as a kind of indirect way,the earliest can be traced back to1934,the United States,but the backdoor listing of the our country first appeared in1984 in Hong Kong,and mainland backdoor listing of the case,first appeared in1993,from the backdoor listing,with its low cost,high efficiency,pulled open the prelude to China’s securities market backdoor listings,Capital operation behaviors such as asset reorganization and merger in our stock market are becoming increasingly active.This thesis takes SC Energy Investment Group backdoor listing as the research object,analyzes and evaluates the performance of backdoor listing behavior.This thesis firstly sorts out,summarizes and reviews the views and conclusions on backdoor listing and performance evaluation published by domestic and foreign scholars in various journals.Next,the thesis Outlines the basic theory,operation process and performance evaluation methods used in this thesis.Then,the thesis briefly introduces the background of SC Energy Investment Group and the necessity of SC Energy Investment Group backdoor listing.This thesis elaborates the whole process of SC Energy Investment Group backdoor listing in detail.This thesis adopts the financial index method and event study method to evaluate the performance of SC Energy Investment Group backdoor listing.Finally,the thesis summarizes the reasons for the success of SC Energy Investment Group backdoor listing and the enlightenment it brings.In general,the backdoor listing of SC Investment Group,a capital operation behavior,has brought significant improvement and promotion of financial performance,and also brought excess capital gains and wealth appreciation for investors. |