After several rounds of financing, the company went public.

Legal analysis: companies can generally go through three rounds of financing when they go public. However, if the company has sufficient funds, it can also conduct one or two rounds of financing according to its own needs. If the fund raising is completed, it needs to be filed with the securities regulatory authorities in time.

Legal basis: People's Republic of China (PRC) Company Law.

Article 12 1

If a listed company purchases or sells major assets within one year or the amount of guarantee exceeds 30% of the company's total assets, it shall make a resolution at the shareholders' meeting, which shall be passed by more than two-thirds of the voting rights held by the shareholders present at the meeting.

Article 123

A listed company shall set up a secretary of the board of directors, who shall be responsible for the preparation, document keeping, shareholder information management and information disclosure of shareholders' meetings and board meetings.

Article 124

Where a director of a listed company is related to the enterprise involved in the resolution of the board of directors, he shall not exercise the right to vote on the resolution, nor shall he exercise the right to vote on behalf of other directors. The board meeting can only be held when more than half of the unrelated directors are present, and the resolutions made at the board meeting must be passed by more than half of the unrelated directors. If there are less than three unrelated directors present at the board of directors, they shall be submitted to the shareholders' meeting of the listed company for deliberation.