Can listed companies keep their shares during the share reform?

You can't. The net assets should be fully converted into shares, and the overall change is generally made, that is, all the book net assets are converted into the share capital of the joint-stock company. If you want to go public, it is very important to do share reform. It is suggested that the company should not make its own share reform according to the plan determined by the intermediary agency through consultation. I work in a brokerage firm, specializing in listing business, welcome to ask, qq382453470.