The parent company is preparing to go public, how can the subsidiary operate to go public with the parent company?

If the parent company goes public, the subsidiary will automatically become a part of the listed entity. Because the listing, whether it is the audit or the final issuance pricing, depends on the company's performance, that is, the parent company and the subsidiary are counted together, and the income and profit of the subsidiary have been calculated. Although the shares of the subsidiary are not circulated in the market, the value of the circulated shares of the parent company has already reflected the value of the subsidiary.

The main business of subsidiaries generally does not affect the listing of companies. The parent company and the parent company are listed together, and the business of the subsidiary company is also a part of the business of the listed company. If the main business of a subsidiary is inconsistent with that of the parent company, and the scale of its operation is large, it may not meet the requirements for listing on the Growth Enterprise Market, because the Growth Enterprise Market requires that enterprises can only operate one kind of business, but the parent company and subsidiaries operate the same business or have an upstream and downstream relationship, then the Growth Enterprise Market is also allowed. Furthermore, if the subsidiary operates an industry with limited listing, such as real estate, it will affect the listing.

The parent company and its subsidiaries directly have the following types of relationships:

The first is the control relationship. Although the subsidiary is an independent legal person, it can engage in various business activities within its own business scope, but its autonomy is limited. The parent company plays a leading role in the shareholders' meeting of the subsidiary, and the management policy and investment plan of the subsidiary are actually decided by the parent company.

The second is the investment relationship. The parent company owns subsidiaries, which are basically realized through investment, except for a few controlled by agreement.

The investment relationship between parent company and subsidiary company can be divided into two situations.

A. All the capital of the subsidiary is invested by the parent company;

B. The parent company and other companies * * * invest in subsidiaries, but the investment ratio of the parent company enables it to actually control the subsidiaries.

The third is financial relations. The subsidiary is an independent legal person and carries out independent accounting. The parent company and the subsidiary company are financially independent, but the parent company can "draw blood" from the subsidiary company by proper or improper means in the name of adjusting funds. The financial situation and development prospect of subsidiaries directly affect the income of the parent company.

The fourth is the management relationship. Although the subsidiary is an independent legal person, the parent company and the subsidiary have their own independent rights in production and operation, but in fact it is the relationship between management and being managed. Usually, the parent company, in addition to its direct production and business activities, is mainly responsible for leading and managing its subsidiaries.