Is it necessary for the company to go public? Is it better for the company to go public or not

It depends on your personal opinion, most companies have a shareholding system, and of course, if the company is not listed, these shares are only in the hands of a small number of people. When the company grows to a certain extent, it needs capital due to development. Listing is a good way to absorb funds, the company pushes a part of its own shares to the market, sets a certain **, and allows these shares to be traded in the market.

The proceeds from the sale of the shares can be used to continue development. Shares represent a part of the company, for example, if a company has 1 million shares, the chairman holds 510,000 shares, and the remaining 490,000 shares are sold on the market, which is equivalent to selling 49 companies to the public. Of course, the chairman can also sell more shares to the public, but there is a certain risk that if a malicious buyer holds more shares than the chairman, the ownership of the company will change.

Overall, there are pros and cons to going public.

Benefits: 1. Get funded.

2. The owner of the company sells part of the company to the public, which is equivalent to finding the public to take the risk with himself, such as 100 holding, losing 100, 50 holding, losing only 50.

3. Increase the liquidity of shareholders' assets.

4. Escape the control of the bank, and there is no need to take bank loans again.

5. Improve the transparency of the company and increase the public's confidence in the company.

6. Improve the company's visibility.

7. If a certain amount of shares are transferred to the managers, the agency problem between the managers and the company holders can be improved.

There are also disadvantages: 1, it costs money to go public.

2. While improving transparency, many secrets are also exposed.

3. After listing, the company's information should be notified to the shareholders every period of time.

4. It may be maliciously controlled.

5. At the time of listing, if the first order of the shares is too low, it will be a loss to the company. In fact, this is a common practice, and almost all companies will set **** lower when they go public.

The company's initial issuance and listing can raise a large amount of funds, and there are also opportunities for refinancing after listing, thus providing funds for the further development and growth of the company**. It can promote enterprises to establish a standardized operation and management mechanism, improve the corporate governance structure, and continuously improve the quality of operation.

What are the conditions that must be met for the company to be listed. 1. The main qualification of the company From the perspective of the company's organizational form, the company is divided into a limited liability company and a share. Only joint-stock companies have the basic conditions for listing.

Therefore, if a limited liability company needs to be listed, the first thing to carry out is the shareholding system reform.

The significance of the company's listing:

1. Promote the sustainable development of the company with the help of the capital market. After the enterprise develops to a certain stage and meets certain conditions, in order to seek faster development, it will inevitably enter the capital market through listing, and move from a single product operation to a development route combining product management and capital operation to achieve epitaxial expansion.

2. The continuous appreciation of the company's value and shareholders' wealth. The value of listed companies can be dynamically and comprehensively reflected in the capital market, and its pricing process comprehensively considers the static value and profit expectations of the company, generally using the price-earnings ratio method, the valuation level is significantly higher than the net assets, and the market value of high-growth enterprises is often dozens of times the net asset value of the enterprise. Non-listed companies lack a public value evaluation mechanism that can be generally recognized by investors, and investors and creditors mostly judge the value of non-listed companies based on their net assets.

3. Employees share the company's development dividends. After listing, the company's management, development strategy, and performance announcements are more transparent, and employees can better understand the company's prospects. The company's executives and core employees can achieve simultaneous growth of personal wealth and company value through equity incentives.

At the same time, the company has achieved rapid development through listing, enhanced profitability, and employee benefits will be improved accordingly. The company's more standardized governance and the improvement of its popularity are conducive to the personal career development of employees.

4. With the help of the capital market, enterprises can achieve leapfrog development. Enterprises listed can use the capital market to achieve large-scale equity financing, further enhance the company's strength, use the invisible hand of the capital market to continuously transform the corporate governance structure, strengthen management, operation and internal control system, and lay the foundation for follow-up financing, business extension, mergers and acquisitions and leapfrog development.

Benefits of going public:

1. New direct financing channels;

2. Listing is conducive to improving the corporate governance structure of the company and clarifying the company's own development strategy, and the foundation for pragmatic enterprise development;

3. Enhance the brand value and market influence of the company, and enhance the company's position in the eyes of customers, suppliers and banks;

4. Listing makes the company more attractive to employees;

5. Enhance the company's competitive advantage.

Disadvantages of the company's listing:

1. Loss of secrecy;

2. The flexibility of managers is limited;

3. Post-listing risks;

About the listing of the company.

The meaning, in simple terms, mainly has the following points:

1. Access to continuous and stable financing channels.

First, listed companies have high credit qualifications, which is conducive to obtaining bank loans.

Second, enterprises can carry out direct financing through the issuance of **, which can break the shackles of financing bottlenecks, obtain long-term and stable capital funds, and improve the capital structure of enterprises.

Third, it can also be through a variety of financial instruments such as allotment, additional issuance, and convertible bonds.

Achieve low-cost, ongoing financing.

In this way, the funds needed for the development of enterprises are solved, and enterprises can invest more funds in research and development, and the listing of small and medium-sized enterprises will effectively enhance the motivation and ability of enterprises to start a business and innovate.

2. Enhance the brand value of the enterprise.

and market influence.

Listing is a huge intangible asset for a company.

**The attention given to a public company is much higher than that of a private company, and in a sense stronger than any advertising effect.

Access to capital markets.

It shows that the growth, market potential and development prospects of small and medium-sized enterprises are recognized, which is itself a symbol of honor.

At the same time, restructuring and listing play a huge role in the brand building of small and medium-sized enterprises, especially for private enterprises, which can effectively enhance the status of enterprises.

3. Promote the standardized development of small and medium-sized enterprises.

The process of restructuring and listing of enterprises is to clarify the direction of development and improve corporate governance.

The process of consolidating basic management and achieving standardized development.

Listing can standardize the corporate governance structure, establish a modern enterprise system, improve the level of enterprise management, reduce business risks, and so on.

4. Attract outstanding talents and improve employee efficiency.

After listing, enterprises can establish a perfect incentive mechanism with equity as the core, attract and retain core management personnel and key technical talents, improve the enthusiasm of employees, thereby improving the company's operating performance and laying the foundation for the long-term stable development of the enterprise.

5. Improve credibility.

For customers, they are more willing to buy the products of listed companies, which is reassuring.

Therefore, the listing of enterprises can increase the public's trust in enterprises, improve the corporate image, and be conducive to the brand building and market development of enterprises. Only Zhao slippery.

6. Enhance the company's competitive advantage.

For the local government, it is hoped that the more listed companies in the jurisdiction, the better, which can drive the local economic development.

The above is the role and significance of the listing of enterprises, I hope this Q&A can solve some of your doubts and problems.

First, first of all, the listing is conducive to standardizing the company's rules and regulations, organizational structure, and some even carry out a thorough makeover of the company, breaking the traditional management model and operating mechanism, the company is subject to public supervision, which is conducive to scientific management and is beneficial to the development of the company; Furthermore, expand popularity, increase the advantages in similar competitive products, and gain the trust of consumers; Finally, after listing, the ability to obtain continuous financing can obtain a large amount of low-cost capital. When the enterprise is short of funds, it can obtain a large amount of funds in a short period of time by means of additional issuance, which can be used to alleviate the company's short-term difficulties. 1. Listing can be financed, and then you can expand your business; 2. Get funds to increase the liquidity of shareholders' assets; 3. After listing, it has a certain role in promoting the company's management level; 4. It is convenient for mergers and acquisitions, and after the financing of listed companies, they can use their cost advantages to merge potential competitors and other benefits.

2. There are a total of 10 rights of the top 10 shareholders of listed companies to have no oranges: the first is to formulate and amend the articles of association; the second is to show the identity of the shareholder; the third is to attend the shareholders' meeting and exercise the right to vote; Fourth, it is proposed to convene an extraordinary shareholders' meeting, and a shareholders' meeting will be convened under special circumstances; the fifth is to request the cancellation of the shareholders' meeting; Sixth, to know the company's financial situation; the seventh is the right of access; the eighth is the right to participate in major decision-making; the ninth is the right to income from assets; The tenth is the right to review related party transactions. In the A** field, there is no fall below the original stock price (before the restructuring is generally par value, after the restructuring is not listed before the internal capital may be introduced, such as CCB, it is generally the internal stock price) mainly depends on the cost of holding and the stock price prospect of the listed offering, the stock price prospect of the listed issuance is good, the shareholders will make a profit, the stock price prospect of the listed issuance is not good, for the shareholders with high holding costs, such as the subscription at the issue price, may lose money.

The original shares are generally lower than the issue price, and the shareholders who hold them make a greater profit, so the shareholders of the company that is preparing to go public generally receive a larger benefit. Third, as a listed company shares of the benefits of these overall listing refers to a company that wants to be listed must achieve some hard accounting indicators, in order to achieve this purpose, shareholders will generally split a large enterprise into two parts: the joint-stock company and the parent company, put high-quality assets in the joint-stock company, and some assets that have nothing to do with the main business and are of poor quality (such as: canteens, kindergartens, loss-making assets, etc.) are placed in the parent company, which is spin-off listing. After the joint-stock company is successfully listed, it will use the funds to acquire its own parent company, which is called the overall listing.

Corresponding to the overall listing is the spin-off listing, which refers to the practice of a company restructuring part of its assets, business or a subsidiary into a joint-stock company for listing.

Generally speaking, companies choose to go public for the following reasons:

1. Shortage of funds. After the enterprise is listed, it is conducive to increasing the proportion of the enterprise's own capital, improving the company's own ability to resist risks, and enhancing the development potential of the enterprise.

2. After listing, the company can use the best to acquire other companies, and it can also use the best to mobilize the enthusiasm of employees.

3. The most important thing is that the listed company is more likely to get the attention of the business community, investors, the press and consumers.

In addition, according to the provisions of Article 57 of the ** Law of the People's Republic of China, the company shall meet the following conditions when applying for the listing and trading of corporate bonds:

1) The term or concession of corporate bonds is more than one year;

2) The actual amount of corporate bonds issued shall not be less than RMB 50 million;

3) The company still meets the statutory conditions for the issuance of corporate bonds when applying for bond listing.

Article 57 of the ** Law of the People's Republic of China prohibits the ** company and its employees from engaging in the following behaviors that harm the interests of customers:

1) Buying and selling for the customer in violation of the customer's entrustment**;

2) Failure to provide the customer with the confirmation of the transaction within the specified time;

3) Buying and selling for customers without the entrustment of the customer, or buying and selling ** in the name of the customer;

4) Inducing customers to engage in unnecessary trading in order to obtain commission income;

5) Other behaviors that violate the true intention of the customer and damage the interests of the customer.

Where the provisions of the preceding paragraph are violated and losses are caused to the customer, the customer shall be liable for compensation in accordance with law.

The most superficial difference between listed and unlisted is whether the shares (**) can be publicly traded on the exchange. There are thresholds for listing, and listed companies theoretically represent excellent companies that meet certain conditions (in practice not necessarily). The biggest benefit for listed companies is that it is more convenient to raise funds.

The main points are as follows:

1. Compared with non-listed joint-stock companies, listed companies have stricter requirements for financial disclosure.

2. The shares of listed companies can be listed on the ** exchange for free trading and circulation (full circulation or partial circulation, the system is different in each country), and the shares of non-listed companies cannot be traded and circulated on the stock exchange.

3. The accountability system of listed and non-listed companies is not the same.

4. The conditions for listing of listed companies are: the company has been in business for more than 3 years; Its total share capital is more than 30 million yuan; The number of shareholders holding ** value of more than 1,000 yuan is not less than 1,000.

Finally, listed companies can obtain the right to integrate social resources (e.g., public offerings**), while non-listed companies do not.

A listed company is a joint-stock limited liability company, which has the general characteristics of shares, such as shareholders bear limited liability, ownership and management rights. Shareholders participate in the company's decision-making by electing the board of directors and voting.

Compared with general companies, the biggest feature of listed companies is that they can use the best market to raise funds and widely absorb idle funds in the society, so as to rapidly expand the scale of enterprises and enhance the competitiveness and market share of products. Therefore, after the development of shares to a certain scale, the company's public listing on the exchange is often regarded as an important strategic step for the development of the enterprise. From the perspective of international experience, almost all of the world's well-known large enterprises are listed companies.

For example, 95% of the 500 largest companies in the United States are publicly traded companies.

First of all: a public company is also a company and is a part of the company. From this point of view, the company is divided into listed and unlisted companies.