Analysis on the Motivation of Express Enterprises Backdoor Listing and the Road Choice Based on the Case Analysis of SF Company Taking over Ding Tai New Material Company

DOI

10.2991/iccessh-17.2017.180How to use a DOI?

Keywords

financing; control; market timing; IPO

Abstract

With the development of economic globalization and the development of China's capital market, more and more enterprises are aware of the importance of listing. Leveraging e-commerce booming, China's express delivery industry is also to achieve a big leap, big development, but also some trade issues. Beginning in 2016, Shunfeng, Yuantong, Zhongtong and other courier companies have started the operation of the listing, after that, SF and Yuantong achieved the listing through the backdoor. This article use the case of Shun Feng backdoor listing, specifically analyze the financing incentives, Control motivation and market timing motivation in China's express delivery business , as well as the reasons why major courier companies have chosen backdoor way.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhongfu Yu
AU  - Jing He
PY  - 2017/06
DA  - 2017/06
TI  - Analysis on the Motivation of Express Enterprises Backdoor Listing and the Road Choice Based on the Case Analysis of SF Company Taking over Ding Tai New Material Company
BT  - Proceedings of the 2nd International Conference on Contemporary Education, Social Sciences and Humanities (ICCESSH 2017)
PB  - Atlantis Press
SP  - 751
EP  - 755
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccessh-17.2017.180
DO  - 10.2991/iccessh-17.2017.180
ID  - Yu2017/06
ER  -