The process of going public and the time it takes to finance the company

1. The company will go through the following steps to go through the following steps:

1. Prepare the company's listing plan and feasibility report.

2. Hire a lawyer to intervene for the company to improve the legal documents related to the company's management, improve the company's organizational structure in accordance with the provisions of the company law, and prepare and sort out the legal documents related to the company's listing.

3. Hire a certified public accountant to intervene to complete the audit work related to the company's listing, and improve the financial statements and original vouchers.

4. Hire a brokerage firm to provide listing counseling and recommendation.

5. The lawyer issues legal opinions and relevant listing legal documents and submits them to the CSRC for approval.

6. Approval. 7. Listing.

2. As for the time and cost of the company's listing, due to the specific situation of each company, it is not possible to determine the specific time and cost.

Legal basis] Article 26 of the Administrative Measures for Initial Public Offerings and Listings stipulates that an issuer shall meet the following conditions:

1) The net profit for the last three fiscal years is positive and the cumulative amount exceeds RMB 30 million, and the net profit is calculated on the basis of the lower before and after deducting the non-recurring profit and loss;

2) The net cash flow generated from operating activities in the last three fiscal years exceeds RMB 50 million; or the cumulative operating income in the last three fiscal years exceeds RMB 300 million;

3) The total share capital before issuance shall not be less than RMB 30 million;

4) The proportion of intangible assets (after deducting land use rights, water aquaculture rights and mining rights, etc.) to net assets at the end of the most recent period shall not be higher than 20%;

5) There are no uncovered losses at the end of the most recent period.

In today's society, corporate financing activities are an important part of the business process, as a listed company, the capital mainly includes endogenous financing and external financing. Endogenous financing mainly refers to the company's own funds and the accumulation of funds in the process of production and operation, which is to increase the company's capital by accruing depreciation to form cash and retain profits. External financing includes debt financing methods such as borrowing from financial institutions and issuing corporate bonds; Equity financing for issuance**, rights issue and additional issuance of new shares, and issuance of convertible bonds for half equity and half debt. In a nutshell, the three types of financing are additional issuances, rights issues, and convertible bonds.

According to whether intermediaries are needed for financing, the financing of listed companies can be divided into direct financing and indirect financing; Direct financing includes IPOs, additional issuances** (additional issuances, rights issues), corporate bonds, convertible bonds, convertible bonds for separate transactions, warrants, etc. Indirect financing includes borrowing from financial institutions such as banks, and borrowing from other institutions or individuals.

What is the process of listing a company? Financing is the act and process of raising funds for an enterprise. That is, according to the company's own production and operation conditions, the status of capital ownership, and the needs of the company's future business development, through scientific decision-making, through a certain way, from a certain channel to the company's investors and creditors to raise funds, to ensure the company's normal production needs, business management activities need to financial behavior.

The motivation of the company to raise funds should follow certain principles, through certain channels and in certain ways. We usually say that there are three main purposes for which a company raises capital: the expansion of the business, the repayment of debts, and the hybrid motivation (the motivation to expand and repay debts mixed together).

Broadly speaking, financing is also called finance, which is the financing of monetary funds, and the act of raising or lending funds to the financial market through various means.

How to go public:1Commodities enter the market.

2.** and its derivatives have been reviewed and agreed to be listed and traded on ** exchange. Listing conditions for shares:

According to the provisions of China's "** Law", the following conditions must be met when applying for listing of shares: 1. ** has been publicly issued to the public with the approval of the ***** management department; 2. The total share capital of the company shall not be less than RMB 50 million; 3. The business has been in business for more than three years, and it has been profitable for the last three consecutive years; Where a former state-owned enterprise is established through lawful reconstruction, and its main sponsor is a large or medium-sized state-owned enterprise, it may be counted continuously; 4. The number of shareholders holding a face value of more than RMB 1,000 is not less than 1,000, and the shares issued to the public reach more than 25% of the total number of shares of the company; If the total share capital of the company exceeds RMB 400 million, the proportion of shares issued to the public shall be more than 10%; 5. The company has no major violations in the past three years, and there are no false records in the financial and accounting reports; 6. Other conditions stipulated in ***. If the above conditions are met, they can apply for listing with the ***** management review department and the exchange.

The basic process of going public.

Generally speaking, if an enterprise wants to be listed in the domestic market, it must go through three stages: comprehensive assessment, standardized reorganization, and formal launch

The first stage is a comprehensive assessment of the enterprise before listing.

The listing of an enterprise is a complex financial engineering and systematic work, and compared with traditional project investment, it also needs to go through the process of preliminary demonstration, organization and implementation, and post-evaluation. Moreover, it is also faced with whether to be listed in the capital market, which market to be listed, and the path to be listed. Listing in different markets requires different jobs, channels, and risks. Only after a comprehensive assessment of the enterprise can it ensure that the company to be listed can carry out the correct operation under the condition of controllable costs and risks.

For enterprises, it is also necessary to pay a price for organizing and mobilizing a large number of personnel and mobilizing all aspects of strength and resources to carry out work. Therefore, in order to ensure the success of the listing, the company will first comprehensively analyze the above issues, comprehensively study and prudently come up with opinions, and only after getting a clear answer will the work of the listing team be fully launched.

The second stage is the reorganization of internal standards of the enterprise.

There are hundreds of key issues involved in the initial listing of enterprises, especially in China's current specific environment, private enterprises generally have many financial, tax, legal, corporate governance, historical evolution and other historical problems, and many problems are quite difficult to deal with in the later stage, therefore, it is very important for enterprises to deal with some issues in advance in a planned and step-by-step manner on the basis of completing the preliminary assessment and with the assistance of the listing financial adviser, and through this work, it can also strengthen the sponsor and strategic shareholders, other intermediaries and regulators have confidence in the company.

The third stage is to officially launch the listing work.

Once the enterprise has determined the listing target, it will begin to enter the practical operation stage of external work of listing, which mainly includes: selecting relevant intermediaries, carrying out shareholding reform, auditing and legal investigation, securities counseling, issuance declaration, issuance and listing, etc. Since the listing work involves external intermediary service agencies, there are five or six people working at the same time, and the personnel involve dozens of people.

Therefore, it is quite difficult to organize and coordinate, and it needs to be coordinated by multiple parties.

To put it simply, going public is equivalent to selling part of your company's shares to the market to obtain funds, isn't it equivalent to financing?

As long as the company is large and consistently profitable, it can go public.

How to raise funds for the company to go public, and what are the financing methods? The funds of listed companies** mainly include internal financing and external financing. According to whether intermediaries are needed for financing, the financing of listed companies can be divided into direct financing and indirect financing;

The specific process of enterprise listing and financing:

1) The investment and financing handling enterprise shall submit the resolution of the board of directors and the application signed by the chairman of the board of directors and other documents to the examination and approval authority.

2) After receiving the application documents for investment and financing, the examination and approval authority shall give a written reply on whether it agrees or not.

3) The examination and approval authority shall review the investment and financing application.

4) After the examination and approval of the examination and approval authority, the investment and financing enterprise shall apply to the administrative organ for industry and commerce for change of registration in accordance with the relevant provisions of the change of registration.

5) Investment and financing are completed.

Second, the company's listed strip grinding parts:

According to the provisions of China's "Company Law", the following conditions must be met when applying for listing of shares:

1) ** With the approval of the ***** management department, it has been publicly issued to the public;

2) The total amount of the company's rotating share capital shall not be less than RMB 50 million;

3) It has been in business for more than 3 years and has been profitable for the last 3 years; Where the original state-owned enterprise was established through lawful reconstruction, or was newly established after the implementation of this Law, and its main sponsor is a large or medium-sized state-owned enterprise, it may be counted consecutively;

4) The number of shareholders holding ** Layouhe with a face value of more than 1,000 yuan is not less than 1,000, and the shares issued to the public reach more than 25% of the total number of shares of the company; If the total share capital of the company exceeds RMB 400 million, the proportion of shares issued to the public shall be more than 15%;

5) The company has no major violations in the past 3 years, and there are no false records in the financial and accounting reports;

6) Other conditions specified in ***.

Be sure to find a reliable financing platform, otherwise it will be a waste of time and money. With more than 20 years of experience in the capital markets, the Mentor Capital ecosystem has helped 33 companies go public, making it a great choice for aspiring business owners.