Why did Anhui Construction and Water Conservancy merge?

List. Anhui Construction Engineering and Water Conservancy merged because of listing. At that time, the market value of Anhui Water Conservancy was more than10 billion, and Anhui Construction Engineering injected assets into Anhui Water Conservancy for mergers and acquisitions. Moreover, since the reorganization, the performance has been rising year after year, and now the market value is only 1000 billion. Now 7 yuan's share price is very high, which is the result of backdoor merger. Anhui Water Conservancy not only integrates resources but also eliminates competition in the same industry by absorbing the merged construction engineering group, especially employee stock ownership has a good positive effect on improving the business performance of enterprises.