Analysis of VIE Structure Used by New Energy Enterprises to List Overseas

DOI

10.2991/978-94-6463-262-0_32How to use a DOI?

Keywords

VIE model; agreement control; overseas listing; new energy enterprises

Abstract

The high-quality development of economy and society cannot be separated from a healthy and sustainable way, and green and low-carbon are the key links of this way. It has become the consensus of today's society to advocate green consumption and promote the formation of green and low-carbon production and lifestyle.

New energy enterprises represented by BYD Automobile, Xiao peng Automobile and Li xiang Automobile are leading the subtle change of social energy consumption structure. While promoting clean, low-carbon and efficient utilization of energy, they are also actively promoting the gradual realization of carbon peak and carbon neutrality goals. New energy companies go overseas to list in the VIE model to obtain the support of external capital, technology and management experience, which will help shape the visibility of enterprises and products, and gain a place in the fierce international competition.

This paper first reviews the development process of overseas listed enterprises, and then initially builds the VIE model framework for new energy enterprises to go overseas listed and analyzes the key points. On this basis, it points out three key issues including legal effect risk, credit risk, and the lack of regulatory rules of the VIE model. Finally, suggestions are given from the perspective of promoting the legislation of VIE mode supervision, improving the VIE mode information disclosure system, and establishing a unified supervision mechanism.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yaoyao Liu
PY  - 2023
DA  - 2023/10/09
TI  - Analysis of VIE Structure Used by New Energy Enterprises to List Overseas
BT  - Proceedings of the 3rd International Conference on Management Science and Software Engineering (ICMSSE 2023)
PB  - Atlantis Press
SP  - 278
EP  - 287
SN  - 2589-4943
UR  - https://doi.org/10.2991/978-94-6463-262-0_32
DO  - 10.2991/978-94-6463-262-0_32
ID  - Liu2023
ER  -