How do listed companies get funds from the stock market?

Legal analysis: 1. Listed companies pledge their shares to some financial companies to obtain certain cash flow; 2. The major shareholders of listed companies reduce their holdings in the secondary market; 3. Listed companies issue additional shares to the public to get some cash.

Legal basis: Article 14 of the Securities Law of People's Republic of China (PRC) stipulates that the funds raised by the company's public offering of shares must be used according to the purposes listed in the prospectus or other public offering documents; Changes in the use of funds must be decided by the shareholders' meeting. No new shares may be publicly issued without correction or approval of the general meeting of shareholders.