Legal analysis: For companies with different specific circumstances, the time from enterprise restructuring to listing depends on the specific circumstances, and the overall time is more than one year. Generally speaking, the approximate time of each stage is: it takes about 6 months from planning restructuring to establishing a joint stock limited company. The standardization time for changing a limited liability company into a joint stock limited company can shorten the time for intermediaries such as sponsors to conduct due diligence and issue application documents, and it takes about 3 to 4 months for China Securities Regulatory Commission to review and issue. Theoretically, it takes about 3 to 4 months, but the actual operation time is often around 10 months. However, as can be seen from the above, the preparation time for listing varies from enterprise to enterprise, so it is difficult to generalize, and sometimes it has a great relationship with the personality characteristics of senior leaders of enterprises and the professional level of intermediaries. From the practical point of view, it is very fast to declare within one year, and there are many cases of preparing for three to five years. This has not taken into account the influence of policy factors such as suspension of acceptance by the CSRC or special industry restrictions during the period.
Legal basis: Article 48 of the Securities Law of People's Republic of China (PRC) shall apply to the stock exchange for listing, which shall examine and approve it according to law, and both parties shall sign a listing agreement.
The stock exchange arranges the listing and trading of government bonds according to the decision of the department authorized by the State Council.