Why did Chifeng Gold go public in Switzerland?

Promote global service. Chifeng Gold is applying for issuing global depositary receipts and listing on the Swiss Stock Exchange. The raised funds will be used to expand its main business and strategic investment business and promote global distribution. The purpose of listing is to improve the company's financial situation, integrate investors' funds, reduce bank loans, conform to the national shareholding system policy, promote the transformation of the capital market into a shareholding system, and bring a premium to the company. After the stock price rises, the company will pay a premium.