Shortcomings of listed companies

Legal analysis: the shortcomings of the company after listing are: 1, and the cost and expenses of listing are relatively high; 2. Dilution of equity and reduction of controlling interest; 3. The risk of hostile takeover; 4. Irrationality and abnormal fluctuation of stock price may bring negative influence to enterprise operation; 5. Information disclosure makes the financial situation public; 6. Pay in advance, but the company may not be able to go public successfully; 7. When the company becomes a public company after listing, the personal life of the boss will also be affected, and personal privacy will easily be exposed by the society.

Legal basis: Article 12 1 of People's Republic of China (PRC) Company Law. If a listed company purchases or sells major assets within one year or the amount of guarantee exceeds 30% of the company's total assets, it shall make a resolution at the shareholders' meeting, which shall be passed by more than two-thirds of the voting rights held by the shareholders present at the meeting. Article 123 A listed company shall have a secretary of the board of directors, who shall be responsible for the preparation, document keeping, shareholder information management and information disclosure of shareholders' general meetings and board meetings.