What are the precautions for listed companies to set up private subsidiaries?

1. The most important thing for listed companies is that other subsidiaries are not allowed to "operate non-private fund businesses such as P2P, crowdfunding, private lending and cash loans".

2. The registered capital of a subsidiary cannot be too large, and it must be covered by the assets of a listed company.

3. Be sure to choose qualified executives for filing and have a clear business plan.

4. The remaining lawyers who issue legal opinions will issue some suggestions according to the situation of your company.