江西鑫新实业股份有限公司资产重组研究.pdfVIP

Abstract Assets reorganization is an important method to achieve the appropriate allocation of social resources. From macroscopic view, corporation s assets reorganization is propitious to achieve industry restructuring and rational distribution of resources, thereby to realize Pareto optimality. From microscopic view, corporation s development can be realized in two ways. One is through the corporation s autologous internal accumulation , which is the internal motivation of the corporation s development. The other is through the corporation s external scale enlargement. Assets reorganization can overcome the limitations of autologous accumulation and gradual development as well as realizing the corporation s rapid expansion. Assets reorganization is an eternal theme, it is also an vital issue placed in front of enterprises. The Assets reorganization of Jiangxi Xinxin Industrial Co., Ltd. is the first backdoor listing case of the large-scale state-owned enterprise which is reforming and recombining in the stock markets of Shanghai and Shenzhen. By means of the overall plan in which stock transfer, sales of assets and issuance of shares to purchase assets which are mutually conditional are advancing at the same time, the overall listing of Jiangxi Publishing Group can be achieved. Assets reorganization will improve the company s continuing operations and profitability, improve the financial position of listed companies, enhance the anti-risk ability, and thus form a sound and effective administration structure of listed companies to achieve the win-win goal of the original shareholders of listed companies, particularly small investors, and the publication of corporate interests. This paper expounds the basic concepts and the theoretical foundation of assets