How long does it take for IPO companies on GEM to issue prospectus and listing announcement? What laws and regulations are bound by?

Generally, the initial prospectus will be released a few days before the issuance audit Committee, and then the prospectus will be pre-disclosed on the website of the CSRC. Under normal circumstances, it will be submitted to the trial meeting in a few days, and then if it goes well, it will be approved by the CSRC in about a month, and then it will be issued in about a week. It will take several days to go public, and it will be completed in less than two months if it is fast. During this period, he will be bound by all laws and regulations. As long as there is a major violation of the law, he can report it directly to the CSRC. At the same time, he can write a report letter or make a phone call, and the CSRC will not disclose the report to the public. If he thinks it is serious, he will let the sponsors and lawyers of listed companies check whether the relevant situation exists, and will suspend the issuance during the verification period.

Relationship between IPO, Growth Enterprise Market and Small and Medium-sized Board

1, the small and medium-sized board, that is, the small and medium-sized enterprise board, refers to the growth enterprise market with a circulation of about 1 100 million, which is relative to the main board market. Because some enterprises can't meet the requirements of the main board market, they can only be listed in the small and medium-sized board market. Small and medium-sized board market is a transition in GEM, and the market code of China small and medium-sized board starts with 002.

2. The Growth Enterprise Market, also known as the second board market, namely the infield second board exchange market, refers to the stock exchange market outside the main board, which provides financing channels and growth space for small and medium-sized enterprises and emerging companies that are temporarily unable to go public. This is an effective supplement to the main board market and occupies an important position in the capital market. Most companies listed on GEM are engaged in high-tech business, with high growth rate, short establishment time, small scale and outstanding performance. Growth enterprise market officially opened on June 23, 2009.

3. The full name of 3.IPO is initial public offering, which refers to the way of initial public offering of joint-stock companies to the public. The IPO pricing process is divided into two parts. First, it is necessary to estimate the theoretical value of listed companies through a reasonable valuation model. Second, it is necessary to reflect the relationship between supply and demand in the market by choosing the appropriate issuance method, and finally determine the price of the stock.