Common reasons include:
(1) buying and selling shells. The company's poor management almost went bankrupt, so it looked for a buyer to reorganize the company, or the buyer realized backdoor listing.
(2) asset injection. Reorganization within the same group, putting assets into or out of listed companies, or replacing assets with listed companies.
(3) overall listing. The listed company is a part of the enterprise group, and the group will put almost all its assets into the listed company through restructuring to realize the overall listing.
(4) Debt restructuring. The company is badly managed and needs restructuring, such as debt relief with creditors.
(5) Bankruptcy and reorganization.
2. What is reorganization?
Generally speaking, the following situations can be called reorganization:
(1) The major shareholder or actual controller changes.
(2) Major changes have taken place in major assets.
(3) Major changes have taken place in the main business.
3. Under what circumstances will it be reorganized?
Reorganization can be divided into active reorganization and passive reorganization. Active restructuring, such as selling shells and listing as a whole. Passive reorganization, such as hostile takeover, bankruptcy reorganization, etc.