The latest news, the evening of December 8, Youku, Dangdang two domestic Internet companies officially listed on the New York Stock Exchange, successfully listed. On the same day, the stock prices of the two companies rose rapidly. Dangdang and Youku raised funds of US$272 million and US$203 million, respectively. Youku’s CEO Gu Yong’e’s net worth reached 539 million U.S. dollars and became an Internet tycoon overnight.
Faced with such a huge temptation brought about by listing, how should hardware companies treat this? Today's Star Hardware Network Xiaobian from the Youku, Dangdang talking about, and you talk about hardware companies listed on the merits and demerits.
A. Comparative analysis of the advantages and disadvantages of the company's listing According to the general speaking, hardware companies listed on the stock market is a good thing. Because the listing will not only raise funds for corporate development, it will also introduce a more comprehensive decision-making mechanism, thereby reducing the company's operational risk. The advantages of the listing of hardware companies are as follows:
1. The initial public offering of hardware companies can raise a lot of funds, and there are opportunities for them after listing, which provides a source of funding for the development and expansion of enterprises.
2. It is possible to promote the establishment of a standardized operation and management mechanism for hardware companies, improve the corporate governance structure, and continuously improve the quality of operations.
3. The listing must meet more stringent listing standards and be reviewed by the regulatory agency. The listing of hardware companies is a strong testimony to the profitability of the company's management development prospects.
4. The stock trading information is continuously released to the community through various media such as newspapers and television stations. Expanding the company’s reputation and improving the market position and influence of the company will help hardware companies establish a product brand image and win the trust of customers and suppliers.
5. The use of stock options, etc. to achieve effective incentives for employees and management, help companies to attract talented people, stimulate staff enthusiasm, and thus enhance the development potential of hardware companies and potential.
6. The hardware company's acquisition of a listing position will help improve its credit status, enhance the financial institutions' confidence in the company, and facilitate the company's banking credit business.
7. The circulation of shares in the stock market has expanded the shareholder base so that the stocks have higher trading liquidity. The free trading of stocks also enables shareholders to honor their investment capital more conveniently under certain conditions.
8. Raise capital through the listing ** to enable the company to develop quickly and soundly, and use advanced management systems to seek regular development opportunities. Existing problem-solving solutions will be bigger and stronger.
Each coin has positive and negative sides. At the same time, the listing will also have some adverse effects on hardware companies:
1. The listing costs and costs of hardware companies are high and the procedures are cumbersome.
2. Diluted equity, reduced the controlling stake, may be maliciously controlled.
3. Every time after listing, the company's information should be notified to the holders of the shares. The disclosure of information exposes the financial status to the public and increases transparency while also revealing many secrets.
4. Hardware companies face rigorous review, senior management personnel will assume more responsibilities, and may often result in the loss of shareholders.
II. Development status of China's hardware enterprises In recent years, the rapid development of China's hardware industry has brought many achievements, but the overall level is still not high, China's hardware companies how many small and medium-sized private enterprises, low value-added products still restrict the promotion of the company's brand. On the other hand, SMEs are rarely listed in foreign countries, but most of them have high technological content, high value creation, and a broad product market.
Having experienced the complete CBBC cycle from 2007 to 2009, the development of China's capital market in recent years has reached a period of high tide, and the “market tide†has swept across the country. Hardware companies have high enthusiasm and frequent listings. Especially since 2010, listing has become a key keyword for hardware companies.
According to hardware network, from January to July 2010, there are four hardware companies listed on the market. In the hardware industry, Jiangsu Shentong Valves, Zhongyu Sanitary Ware, Juxing Technology, and Shuanglin Auto have already entered the market and become leaders in the industry. Other well-known hardware companies, such as Zhaxi, Luoxi, and Morse Group, are actively preparing funds for listing. Deepen the capital market.
With the country's economic development and its own strength has been growing and growing, for the company's continued development to obtain a stable long-term ** channels, small and medium-sized private enterprises listed on the ** become an important issue. However, the listing is not just a benefit in a certain sense, so it is very necessary to fully consider its influence factors.
3. Expert point of view: Chinese hardware companies are not listed more than the benefits of listing?
Although many hardware companies in the business process is not bad, many hardware companies are still slamming into the capital market, hoping to borrow **, expand the scale of enterprise production, and occupy more market share. However, the economist Professor Lang Xianping has poured cold water on these companies, suggesting that manufacturing can not be blindly listed, but also pointed out that the hardware company's inexplicable pursuit of the listing and worship, is a tragedy.
There are more benefits than going public without going public. It will reduce costs and improve product quality because it can focus on long-term development. If there is a concept that is ready to use a variety of experimental tests, it will not be affected by changes in some external environment, and the economy may decline when the economy When the recession occurs, the return on investment will also decrease. As a listed hardware company, at this time, it will usually shrink and the stock performance will be very bad, but as a private company, you can safely spend a certain period.
In the long run, it will contribute even more. If you are a listed hardware company, you will be constantly asked by the stock market and the management department. This is very distracting and very energy-consuming. The most important purpose of a company to be listed is to seek a quick way to support the expansion and development of the company. However, as a result, companies must disclose their operational data on a regular basis, and the company's stock price will also be affected by the overall climate of the stock market.
4. China's hardware companies need to be cautious when it comes to listing, and do a good job in product quality. The pursuit of excellence in the industry is the fundamental pursuit of hardware companies. If the level of integration is still not enough, we may continue to lay a good foundation, so that after the big and strong into the capital to enter the capital market.
In any case, development is the hard truth, and the methods that can promote the development of most hardware companies are worth the extensive use of the entire industry. Just Starcom Hardware Network Xiaobian hopes that the decision-makers of hardware companies will keep their heads calm. Before the preparation of the listing, they must carefully analyze the advantages and disadvantages of listing, consider the company's development strategy, and divide the two to see the emergence of popular "storms in the development of enterprises. ".
Faced with such a huge temptation brought about by listing, how should hardware companies treat this? Today's Star Hardware Network Xiaobian from the Youku, Dangdang talking about, and you talk about hardware companies listed on the merits and demerits.
A. Comparative analysis of the advantages and disadvantages of the company's listing According to the general speaking, hardware companies listed on the stock market is a good thing. Because the listing will not only raise funds for corporate development, it will also introduce a more comprehensive decision-making mechanism, thereby reducing the company's operational risk. The advantages of the listing of hardware companies are as follows:
1. The initial public offering of hardware companies can raise a lot of funds, and there are opportunities for them after listing, which provides a source of funding for the development and expansion of enterprises.
2. It is possible to promote the establishment of a standardized operation and management mechanism for hardware companies, improve the corporate governance structure, and continuously improve the quality of operations.
3. The listing must meet more stringent listing standards and be reviewed by the regulatory agency. The listing of hardware companies is a strong testimony to the profitability of the company's management development prospects.
4. The stock trading information is continuously released to the community through various media such as newspapers and television stations. Expanding the company’s reputation and improving the market position and influence of the company will help hardware companies establish a product brand image and win the trust of customers and suppliers.
5. The use of stock options, etc. to achieve effective incentives for employees and management, help companies to attract talented people, stimulate staff enthusiasm, and thus enhance the development potential of hardware companies and potential.
6. The hardware company's acquisition of a listing position will help improve its credit status, enhance the financial institutions' confidence in the company, and facilitate the company's banking credit business.
7. The circulation of shares in the stock market has expanded the shareholder base so that the stocks have higher trading liquidity. The free trading of stocks also enables shareholders to honor their investment capital more conveniently under certain conditions.
8. Raise capital through the listing ** to enable the company to develop quickly and soundly, and use advanced management systems to seek regular development opportunities. Existing problem-solving solutions will be bigger and stronger.
Each coin has positive and negative sides. At the same time, the listing will also have some adverse effects on hardware companies:
1. The listing costs and costs of hardware companies are high and the procedures are cumbersome.
2. Diluted equity, reduced the controlling stake, may be maliciously controlled.
3. Every time after listing, the company's information should be notified to the holders of the shares. The disclosure of information exposes the financial status to the public and increases transparency while also revealing many secrets.
4. Hardware companies face rigorous review, senior management personnel will assume more responsibilities, and may often result in the loss of shareholders.
II. Development status of China's hardware enterprises In recent years, the rapid development of China's hardware industry has brought many achievements, but the overall level is still not high, China's hardware companies how many small and medium-sized private enterprises, low value-added products still restrict the promotion of the company's brand. On the other hand, SMEs are rarely listed in foreign countries, but most of them have high technological content, high value creation, and a broad product market.
Having experienced the complete CBBC cycle from 2007 to 2009, the development of China's capital market in recent years has reached a period of high tide, and the “market tide†has swept across the country. Hardware companies have high enthusiasm and frequent listings. Especially since 2010, listing has become a key keyword for hardware companies.
According to hardware network, from January to July 2010, there are four hardware companies listed on the market. In the hardware industry, Jiangsu Shentong Valves, Zhongyu Sanitary Ware, Juxing Technology, and Shuanglin Auto have already entered the market and become leaders in the industry. Other well-known hardware companies, such as Zhaxi, Luoxi, and Morse Group, are actively preparing funds for listing. Deepen the capital market.
With the country's economic development and its own strength has been growing and growing, for the company's continued development to obtain a stable long-term ** channels, small and medium-sized private enterprises listed on the ** become an important issue. However, the listing is not just a benefit in a certain sense, so it is very necessary to fully consider its influence factors.
3. Expert point of view: Chinese hardware companies are not listed more than the benefits of listing?
Although many hardware companies in the business process is not bad, many hardware companies are still slamming into the capital market, hoping to borrow **, expand the scale of enterprise production, and occupy more market share. However, the economist Professor Lang Xianping has poured cold water on these companies, suggesting that manufacturing can not be blindly listed, but also pointed out that the hardware company's inexplicable pursuit of the listing and worship, is a tragedy.
There are more benefits than going public without going public. It will reduce costs and improve product quality because it can focus on long-term development. If there is a concept that is ready to use a variety of experimental tests, it will not be affected by changes in some external environment, and the economy may decline when the economy When the recession occurs, the return on investment will also decrease. As a listed hardware company, at this time, it will usually shrink and the stock performance will be very bad, but as a private company, you can safely spend a certain period.
In the long run, it will contribute even more. If you are a listed hardware company, you will be constantly asked by the stock market and the management department. This is very distracting and very energy-consuming. The most important purpose of a company to be listed is to seek a quick way to support the expansion and development of the company. However, as a result, companies must disclose their operational data on a regular basis, and the company's stock price will also be affected by the overall climate of the stock market.
4. China's hardware companies need to be cautious when it comes to listing, and do a good job in product quality. The pursuit of excellence in the industry is the fundamental pursuit of hardware companies. If the level of integration is still not enough, we may continue to lay a good foundation, so that after the big and strong into the capital to enter the capital market.
In any case, development is the hard truth, and the methods that can promote the development of most hardware companies are worth the extensive use of the entire industry. Just Starcom Hardware Network Xiaobian hopes that the decision-makers of hardware companies will keep their heads calm. Before the preparation of the listing, they must carefully analyze the advantages and disadvantages of listing, consider the company's development strategy, and divide the two to see the emergence of popular "storms in the development of enterprises. ".