Backdoor listing

Backdoor listing refers to the listed company's parent (company) by the major assets into the listed subsidiary, to achieve the listing of the parent company, one of the typical cases of backdoor listing of the Johnson & Johnson Group by sub-shell. Johnson & Johnson Group restructuring made by the Shanghai taxi company, has a large high-quality assets and investment projects. In recent years, Johnson & Johnson Group take full advantage of the listed subsidiary holding - Pudong Johnson shell resources, through three share placement, has the group's second and fifth injected into the Pudong branch of Johnson & Johnson, completing Factory Group backdoor listing the goal of.