Is the ipo rejected? What issues are worthy of attention?

There are many reasons for IPO rejection. Judging from the audit opinions, the main concerns of the CSRC will focus on three aspects: 1, sustainable operation ability; 2. The authenticity and rationality of financial data; 3. Standardization of related party transactions. In addition, the effectiveness of internal control, the standardization of operation, the authenticity and accuracy of information disclosure have also appeared many times.

According to the statistics of the New Third Board Research Center, the IPO pass rate has declined in the past two months, and the GEM is the most obvious, as low as 78.3%. Of the 15 companies that have not passed the IPO audit since last June 1 1, 10 is the Growth Enterprise Market.

Sustainable operation ability

On the way to apply for listing, the company to be listed was rejected in issuing the listing application, revoking the approved approval and withdrawing the listing application materials from the CSRC, all of which were listed failures. The failure of IPO will deal a huge blow to listed companies and intermediaries, disrupt the future development plan of enterprises, lead to the loss of employees, negative social concern, and even lead to the decline of enterprises. Therefore, it is very important to learn the lessons of failure in the stage of preparing for listing. However, many IPO companies failed to rush to go public, which is their own death hole, not external factors.