What is the ipo of a listed company?

The initial public offering (ipo) of a listed company refers to the public offering of listed capital by a company, which becomes a joint stock limited company that investors can trade. "IPO" is a company that is not listed. When it was first listed, it was called IPO, which was called IPO in Chinese. By applying to Shanghai Stock Exchange and Shenzhen Stock Exchange for IPO listing, the company's shares are traded on these two exchanges.

The general process of IPO listing in China includes: shareholding system reform-company nature-business-equity institution-counseling-system improvement-executive training-material preparation-material declaration-review-stock issuance and listing-approval-roadshow inquiry-issuance and listing.

A listed company refers to a joint stock limited company whose publicly issued shares are listed and traded on the stock exchange with the approval of the securities administration department authorized by the State Council or the State Council. The so-called unlisted company refers to a joint stock limited company whose shares are not listed and traded on the stock exchange.

If you want to apply for IPO listing, the company needs to find suitable underwriters, accounting firms and law firms first. Underwriters are responsible for sponsorship, issuance and underwriting, accounting firms are responsible for issuing audit reports and law firms are responsible for issuing legal opinions. If the company is a limited liability company, it needs to be changed into a joint stock limited company to apply.