Listing risk

Listed companies also have high risks and costs. For example, asset restructuring before listing, financial consulting fees and sponsorship fees are very expensive. If the listing fails, all the previous efforts and tossing will be in vain, and the "hard" expenses will be in vain; If the listing is successful, the IPO underwriting fee, the initial listing fee on the Stock Exchange and the annual fee for continuous listing should not be a small sum. Of course, for listed companies, the more important listing pressure, responsibility and obligation come from the supervision and supervision of the regulatory agencies and public investors after listing, which is the most fatal. When a company goes public, it becomes a public company, and the short-term growth pressure bears the brunt. Because people have high growth expectations for listed companies, especially high-growth enterprises. When the capital of listed companies suddenly increases several times, how to generate huge benefits and give back to investors in a short time is quite difficult and stressful. Secondly, the strict information disclosure system of listed companies directly challenges the boundaries of trade secrets and is a great challenge to the competitiveness of listed companies. Listing is not only a simple "circle money" financing, but also a social responsibility and obligation. Thirdly, listed companies, as representatives of outstanding enterprises and public companies, have a "magnifying" effect on the direct influence of society and the positioning of social image, and public companies may be "picky" by all walks of life at any time. As long as the registered capital of a private enterprise exceeds 30 million yuan, and there is no suspected criminal behavior in the last three years after the listing request is made, then the company will go public after the listing request is accepted and passed the assessment period. After listing, the company will have more sources of funds. If the company is suspected of tax evasion after the listing request is made, it will not go public at this time.