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外延式发展仍然是上市公司遇到发展困境时最容易采取的战略思路中国经济增长方式的转变对不同行业与规模的上市公司带来的影响很不一样。传统行业的公司普遍遭遇产能过剩的困境,营业收入增长放缓、利润增长停滞甚至出现亏损;而新兴产业和内需导向型公司则受益于巨大的市场潜力,具备良好的成长前景和利润增长速度。实体经济的结构化调整也明显地反映到资本市场,处于传统产业的上市公司估值不高,生产低端初级产品
The development of epitaxial growth is still the most easily adopted strategy for listed companies when they encounter difficulties in development. The change in the mode of economic growth in China has a very different impact on listed companies of different industries and sizes. Companies in traditional industries generally suffer from overcapacity, slowdown in revenue growth, stagnant profits or even losses; and emerging industries and domestic-demand-oriented companies benefit from huge market potential with good growth prospects and profit growth. Structural adjustment of the real economy is also clearly reflected in the capital market, the valuation of listed companies in traditional industries is not high, the production of low-end primary products