Since it is already a listed company, Scheme I is definitely the best choice, because the money raised in this way does not need to be repaid and there is no interest, but it will dilute the proportion of existing shareholders. However, this problem can be adjusted by circulation and issue price. For example, if 6,543,800 shares are issued, each share of 20 yuan can also raise 20 million, and the share dilution ratio is very low. Of course, whether it can be issued at such a price is related to the actual operation of the company. If certain requirements are not met, the regulatory authorities will not approve the issuance.
Borrowing money will only be considered if the issuance is definitely not approved, that is, plan 2 and plan 3. Relatively speaking, the second scheme is better than the third scheme. The fundamental difference is that it is difficult for individuals or institutions that buy bonds to ask you to repay the principal in advance, while banks may. Once the country tightens monetary policy, enterprises will face risks. Therefore, borrowing money from the bank is the best policy.