从“宝延”风波开始,我国第一起二级市场资本并购案拉开了上市公司资本运作的序幕。此后,股权转让、兼并、资产置换等频繁发生,买壳、借壳上市更是趋之若鹜。许多企业开口闭门必谈资本运作,并把它当成现代管理的真谛。直至现在,还有众多企业经营者把战略目标定位为上市。 From the “Bao Yan” storm began, China’s first secondary market capital merger case opened the prelude to the capital operation of listed companies. Since then, equity transfer, mergers, asset replacement occur frequently, buy a shell, backdoor listing is flocking. Many enterprises open their doors to talk about capital operation and treat it as the essence of modern management. Until now, there are still many business managers to target the strategic listing.