绿天公司上市融资方案设计

发布时间：2018-05-07 05:44

本文选题：民营企业 + 创业板　；参考：《湖南大学》2013年硕士论文

【摘要】：企业的融资决策是贯穿企业生命始终的重要工作，是国内外学者们长盛不衰的研究课题。从最早的资本市场起源到如今已经历数百年，企业家对资本市场的向往永远都不会随着时间流逝而褪去。因此企业上市融资就是一个永恒的命题，自从它诞生之日起就从未消失。我国民营企业在改革开放以来对我国的发展贡献很大，但是民营企业特别是中小型民营企业融资难的问题一直没有得到妥善的解决。我国2009年成功推出的创业板市场对我国中小型高科技民营企业来说是一个福音，作为主要为民营企业开放的资本市场，，如何通过这个新兴市场为企业筹集到资金并实现公司的发展战略目标是一个很值得广大学者们研究的课题。在对我国资本市场有所了解的前提下，本文选取了一家具有代表性的中小型高科技民营企业作为案例公司，在充分分析该公司在当下融资过程中出现的问题后，提出了上市融资计划，同时结合证监会最新关于IPO的政策和关于创业板上市的要求，认为该公司具备创业板上市条件，且创业板上市融资切合该公司的战略规划。上市融资涉及的面非常广，本文将上市融资分为五个阶段，笔者认为第二个阶段上市辅导期是整个上市进程成功与否的关键时期。针对公司上市融资中出现的问题，文中提出了解决对策，并对辅导期的上市方案进行了重点设计，在充分分析公司上市面临的风险、公司的财务状况与盈利能力后对公司的组织结构、治理结构提出了改进建议。对于绿天公司在上市过程中遇到的募投项目、持续盈利能力、独立性、内部控制、环保情况、公司核心竞争力等方面的问题做了一定程度的探讨并提出了解决办法。笔者通过对案例公司上市过程的分析与设计得出一个切实可行的上市融资方案以解决案例公司的融资问题，同时也为与案例公司同性质的公司的上市决策提供一个可参考的思路。
[Abstract]:Enterprise financing decision is an important work that runs through the life of the enterprise and is a research topic for scholars at home and abroad. From the earliest origins of capital markets to hundreds of years now, entrepreneurs' yearning for capital markets will never fade over time. Therefore, corporate listing financing is an eternal proposition, it has never disappeared since its birth. Private enterprises in China have contributed a lot to the development of our country since the reform and opening up, but the problem of financing difficulties of private enterprises, especially small and medium-sized private enterprises, has not been properly solved. The gem market, which was successfully launched in 2009, is a good news for the small and medium-sized high-tech private enterprises in China, as a capital market which is mainly open to private enterprises. How to raise funds and realize the strategic goal of the company through this emerging market is a subject worth studying by many scholars. On the premise of understanding the capital market of our country, this paper selects a representative small and medium-sized high-tech private enterprise as the case company, after fully analyzing the problems of the company in the current financing process, This paper puts forward the listed financing plan, at the same time combines the latest policy of IPO and the requirement of gem listing of CSRC, and thinks that the company has the condition of listing on gem, and the listing financing of gem is in line with the strategic plan of the company. Listing financing involves a wide range of aspects. This paper divides listing financing into five stages. The second stage is the key period of the success of the listing process. In view of the problems in the listed financing of the company, the paper puts forward the countermeasures, and designs the listing plan of the guidance period, and analyzes the risks faced by the company. After the company's financial situation and profitability, the company's organizational structure, governance structure proposed improvement recommendations. This paper probes into the problems encountered by the company in the process of listing, such as the project of raising and investing, the ability to make profit continuously, the independence, the internal control, the situation of environmental protection, the core competence of the company and so on, and puts forward some solutions. Through the analysis and design of the listing process of the case companies, the author obtains a feasible financing scheme to solve the financing problems of the case companies. At the same time, it also provides a reference for the listed decision of companies with the same nature as the case companies.
【学位授予单位】：湖南大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F275;F426.32

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