1, listing is not that simple. Moreover, you don't need to go public to form a group. As long as you have five subsidiaries and have enough registered capital, you can apply, which seems to be 50 million (the amount may be inaccurate).
2. It is very difficult for all subsidiaries to go public collectively, and the account funds cannot be done.
3. If you set up a group and then apply for listing, you will generally apply with a subsidiary with relatively good assets, because the group established in this way has no main business, just an empty shell, and the success rate of applying for the group is almost zero.
This company is laundering money. Conservatively, at least it has something to do with money laundering.
It involves a lot, so I won't bother you. Again, the first sentence, you don't need to pay attention to it at all, because it's nonsense.