The reason is that there is no shortage of money, because a very important function of enterprise listing is financing. Top Yunnong Company has developed in the field of digital agriculture for more than ten years. Is a large agricultural enterprise, the industrial chain has been stable, not short of money, do not need financing.
Listing refers to the process that an enterprise publicly issues additional shares to investors for the first time through a stock exchange in order to raise funds for enterprise development. When a large number of investors subscribe for new shares, they need to allocate shares by lottery, which is also called drawing new shares. The subscribed investors expect to sell at a price higher than the subscription price.