Proceedings of the 2nd International Conference on Contemporary Education, Social Sciences and Humanities (ICCESSH 2017)

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

Authors
Zhongfu Yu, Jing He
Corresponding Author
Zhongfu Yu
Available Online June 2017.
DOI
https://doi.org/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.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

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  - 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  - https://doi.org/10.2991/iccessh-17.2017.180
ID  - Yu2017/06
ER  -