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2019 Asia-Pacific Forum on Economic and Social Development , Pages 157-163

Analysis of the Motivation and Financial Performance of Yuantong Express Backdoor Listing

Yuanyuan Wang

Corresponding Author:

Yuanyuan Wang

Abstract:
With the backdoor listing of Y. T. Express, the article analyses Y. T. Express internal and external advantages and disadvantages, and then summed up the motivation of this backdoor listing. The biggest reason for Y. T. Express’s choice at this time is that the company is currently at a very important stage, urgently needing funds to expand market share and scale, and seeking enterprise transformation. The analyses from the article of the financial performance by financial indicators analysis, with the industry average, find that its ability had improved after the backdoor. Finally, this paper proposes relevant recommendations and the proposed backdoor logistics enterprises for the regulatory authorities.
Keywords:
Y T Express; backdoor listings; motivation; financial performance
Cite this paper:
Yuanyuan Wang. Analysis of the Motivation and Financial Performance of Yuantong Express Backdoor Listing. 2019 Asia-Pacific Forum on Economic and Social Development (APFESD 2019). 2019, Vol.2: 157-163.