Sponsorship means that when securities are issued, a special sponsor institution is needed to recommend the issuance and listing of securities. Underwriting means that when securities are issued, brokers and securities issuers sign agreements to be responsible for sales, which are divided into underwriting and consignment sales, and belong to the financial department.
Matters needing attention in underwriting and sponsorship:
Underwriting and sponsorship must comply with the articles of association stipulated by laws and administrative regulations. The major shareholders are profitable and have a good reputation. They have no record of major violations of laws and regulations in the last three years, and their net assets are not less than 200 million yuan.
It has registered capital in line with the provisions of this Law, senior managers are qualified to hold posts, and employees are qualified to engage in securities business, and it has a sound risk management and internal control system.