The sponsor shall sign the sponsor agreement in writing.
After signing a written agreement, the promoters shall subscribe for shares at their own expense.
Formulate a prospectus and apply for approval of issuance.
Sign underwriting agreement and share collection agreement.
Public offering.
Obtain a capital verification certificate.
Convene a founding meeting composed of subscribers. After the subscribers have paid the full amount of shares and completed the capital verification, the promoters shall preside over the founding meeting of the company within 30 days.
The board of directors elected at the founding meeting shall submit relevant documents to the company registration authority and apply for registration of establishment.