What does sponsor mean?

1. Sponsors are also called sponsors, and sponsorship means guarantee and recommendation. The main responsibility of the sponsor institution is to recommend qualified enterprises to be listed, provide listing guidance for the enterprises to be listed, and ensure that the applicant is suitable for listing, and the listing documents are accurate and complete, and the directors know it. Sponsors are usually securities firms with securities business licenses. 2. The sponsor institution shall be responsible for guaranteeing its own responsibilities and obligations. If the listed company is found to have problems related to the guarantee matters, then the guarantor will also be investigated. 3. Because of joint liability, the sponsor system can urge the company to comply with the listing requirements and fulfill the commitments in the prospectus.