Why do some companies have been losing money before listing, but they can still go public successfully?

Meet the conditions and you can go public. A joint stock limited company applying for stock listing shall meet the following conditions:

1. Shares approved for public offering by the State Council Securities Regulatory Authority;

2. The total share capital of the company is not less than RMB 30 million;

Three, the public offering of shares reached more than twenty-five percent of the total number of shares of the company; If the company's total share capital exceeds 400 million yuan, the proportion of publicly issued shares is more than 10%;

Four, the company has no major illegal acts and false records within three years. A stock exchange may prescribe listing conditions higher than those prescribed in the preceding paragraph, and report them to the the State Council securities regulatory authority for approval.

Extended data:

To apply for stock listing, the following documents shall be submitted to the stock exchange:

(a) listing report;

(2) the resolution of the shareholders' meeting to apply for stock listing;

(3) Articles of association;

(4) Business license of the company;

(5) Financial and accounting reports.

(6) Legal opinions and letters of recommendation for listing;

(7) Prospectus;

(8) Other documents stipulated in the listing rules of stock exchanges.

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