In 2017, the blockchain enters the public eye through bifurcation, CryptoKitties and ICO. Driven by investment opportunities and media attention, traditional businesses and consumers have begun to focus on the cryptocurrency and its underlying blockchain technology. To avoid huge core technology in the form with the original electronic chemical materials business competition, the company also announced the proposed wholly owned subsidiary of zhejiang KaiSheng fluorine chemical 100% equity and zhejiang borui electronic science and technology of 100% equity as a target for public stock transfer, the listed price is RMB 940 million. And originally borui company and responsible for implementing the 2016 KaiSheng non-public stock high purity electronic gas project (phase 1, 2), and fluoride special gas project will be sold with borui company equity transfer at the same time, the company will the three offering investment project has been used and the rest of the fund-raising (through borui back after the company equity transfer and interest) added $1.09 billion permanent JuHua stock liquidity. Although an enterprise's internal trade fair eliminates or reduces some of the market transaction costs, it also brings with it the specific transaction costs of the enterprise. The main reason for this defect is also the incompleteness of information. Specifically, first, there are various contractual relationships among enterprises, including contractual relationship between enterprises and workers, contractual relationship between enterprises and managers, etc. The enterprise should supervise the work of the workers and products that it employs, as well as the managers and other personnel, and induces them to work hard for the enterprise. So, companies are signing contracts and spending on oversight and incentives. Secondly, on the one hand, corporate decision makers often need to obtain information from subordinates. On the other hand, the decision-making information of the upper level of the enterprise should be realized by passing it to the subordinate. The information transmission of these two different directions will be distorted by the increase of subordination of enterprise scale, resulting in the loss of enterprise efficiency. Once again, the subordinate of the enterprise often conceals or passes the wrong information to the superior for selfish motives, so that the superior can make decisions that benefit the subordinate. Or, the subordinate's decision to the superior only passes or executes the part that is advantageous to oneself. These will result in the loss of enterprise efficiency. Thus, the expansion of enterprises is limited. According to coase's theory, the scale of the enterprise should be expanded to this point, that is at this point to increase the cost of an internal exchange cost equals the cost through the market exchange cost and so on. Alpesh Paleja, chief economist at CBI, said: "although sales have grown in the past few months, the basic trading conditions for retailers remain difficult. We expect that the pressures on households to actually pay will continue for a while, so retailers still face challenges. " The general value form, while the general value form is not equal to the local value form. The practice of value must be determined in a certain category.