Why didn't Lianfeixiang go public?

Don't want to sell shares Listing refers to the process that an enterprise publicly issues additional shares to investors for the first time through a stock exchange in order to raise funds for enterprise development. Lianfeixiang Technology Service Co., Ltd. is a data processing company, and the person in charge of the company does not need to raise a large amount of money by selling shares, so it has not chosen to go public since its establishment. When a large number of investors subscribe for new shares, they need to draw lots for allotment, which is also called drawing new shares. Investors who subscribe expect to sell at a price higher than the subscription price.