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  由于我国国有企业在国民经济中占有非常重要的地位，所以对其改革一直是社会的热点难点问题。2016年国务院国资委、财政部、证监会印发《关于国有控股混合所有制企业开展员工持股试点的意见》，2017年党的十九大提出要完善各类国有资产管理体制，加快国有经济布局优化、结构调整、战略性重组，促进国有资产保值增值以及2020年我国正式启动了《国企改革三年行动方案 (2020-2022年)》，方案明确了以管资本为主的国资监管体制，推动国有经济布局优化和结构调整，提高国有企业活力和效率等等，每次最新国企改革相关文件的出台必将引起全社会和资本市场的广泛关注。

  甘肃工程咨询集团是甘肃省内工程咨询业务类型最齐全的地方性国有资本控股的工程咨询服务类企业，其在甘肃省工程咨询行业中占有十分重要的地位，虽然在过去的发展中取得了一定的成绩，但是其在过去的发展中也面临筹资渠道不足、业务范围不大、缺乏有效地股权激励措施以提高员工的积极性等现实问题，而本次甘肃工程咨询集团整体上市可以有效解决以上难题，为其今后高质量的健康、稳定、可持续发展奠定了更加坚实的基础。本文在系统的整理、总结国内外学者对于整体上市相关研究的基础上，结合甘肃工程咨询集团整体上市这一具体案例，运用事件研究法、财务能力分析法以及非财务指标分析法，并且本文在研究的过程中积极引用国内工程咨询行业整体的经营财务数据，最后对甘肃工程咨询集团整体上市进行系统的总结，首先，在本次整体上市的研究窗口期内，甘咨询的月均超额收益率为0.207%，整体上市事件窗口期短期收益为正，说明甘咨询整体上市扩大了市场影响；其次，通过上市前后财务数据对比分析，得出甘咨询整体上市后企业的财务绩效得到了明显的改善；再次，甘咨询通过2018年整体上市后其EVA值上升显著增加了企业价值；最后，甘咨询上市之后企业的融资能力、股权激励措施等相比上市之前有了明显的提升。由此可以看出，甘肃工程咨询集团整体上市是一个多赢的局面，这必将为今后甘肃省内国有企业的改革提供非常有价值的参考意义。

    As state-owned enterprises play a very important role in the national economy, their reform has always been a hot and difficult social issue. In 2016, the State owned Assets Supervision and Administration Commission of the State Council, the Ministry of Finance and the Securities Regulatory Commission issued the Opinions on the Pilot Implementation of Employee Stock Ownership in State holding Mixed Ownership Enterprises. At the 19th National Congress of the Communist Party of China in 2017, it was proposed to improve the management system of various state-owned assets, accelerate the optimization of the layout, structural adjustment and strategic restructuring of the state-owned economy, promote the preservation and appreciation of state-owned assets. In 2020, China officially launched the Three Year Action Plan for the Reform of State owned Enterprises (2020-2022), The plan clarifies the state-owned assets supervision system focusing on capital management, promotes the optimization of the layout and structural adjustment of the state-owned economy, and improves the vitality and efficiency of state-owned enterprises. Every time the latest documents related to the reform of state-owned enterprises are issued, the whole society and the capital market will pay close attention to them.

    Gansu Engineering Consulting Group is a local state-owned capital holding engineering consulting service enterprise with the most complete types of engineering consulting business in Gansu Province. It plays a very important role in the engineering consulting industry in Gansu Province. Although it has made some achievements in the past, it has also faced insufficient financing channels and small business scope in the past The lack of effective equity incentive measures to improve the enthusiasm of employees and other practical problems, while the overall listing of Gansu Engineering Consulting Group can effectively solve the above problems, laying a more solid foundation for its high-quality, healthy, stable and sustainable development in the future. Based on the systematic arrangement and summary of relevant research on overall listing by domestic and foreign scholars, combined with the specific case of the overall listing of Gansu Engineering Consulting Group, this paper uses the event study method, financial capability analysis method and non-financial index analysis method, and actively quotes the overall operating financial data of the domestic engineering consulting industry in the process of research, and finally systematically summarizes the overall listing of Gansu Engineering Consulting Group, First of all, during the research window period of this overall listing, the monthly average abnormal return rate of Gan Consulting was 0.207%, and the short-term return in the window period of the overall listing event was positive, indicating that Gan Consulting's overall listing expanded the market impact; Secondly, through the comparative analysis of financial data before and after the listing, it is concluded that the overall financial performance of Gan Consulting has been significantly improved after the listing; Thirdly, after Gan Consulting's overall listing in 2018, its EVA value has risen significantly, increasing the enterprise value; Finally, Gan Consulting's financing ability and equity incentive measures after listing have been significantly improved compared with those before listing. It can be seen that the overall listing of Gansu Engineering Consulting Group is a win-win situation, which will certainly provide a very valuable reference for the reform of state-owned enterprises in Gansu Province in the future.