The issuing and listing counseling institution should be a qualified brokerage firm, and theoretically it should be the same brokerage firm as the lead underwriter who issues shares for the company.
For listed companies, provide tax-related advice and guidance on top-level equity design, equity restructuring and equity reform before listing.
Will listing counseling definitely go public?
Uncertainty, listing counseling is a stage that all applications for listing enter, and stock listing needs to go through six stages:
1. Establish a joint-stock company;
2. Pre-listing counseling;
3. Preparations for stock issuance;
4, declaration and review, application materials production;
5 promotion and distribution, and decided to issue after approval;
6, stock listing and follow-up, pricing.
According to the regulations of China Securities Regulatory Commission, the counseling period of the first batch of listed companies is at least one year. Listing guidance refers to the relevant institutions' standardized training, guidance and supervision of companies that intend to issue shares for listing. The listing counseling institution shall be a qualified securities trading institution.