Using two way from financial value and market return value,this thesis focuses on the differences between samples with strategic investors and without strategic investors with regards industries,business cooperation,exclusiveness,holding percentage,board structure,lock-up period and their accounting performance and market return.

The scale , range angle includes reorganization , accounting department and other interdepartmental reorganization , reorganization among enterprises in the accounting department; University s financial value chain is an important link in the strategic system of the financial .