Has Jinhui Mining been successfully listed?

Jinhui Mining was successfully listed.

At 9:30 am on February 22, 2022, Jinhui Mining Co., Ltd. issued A shares for the first time. This is the first Gansu enterprise to be listed on the main board of the Shanghai Stock Exchange in the past five years. It is also a vivid practice for Longnan to deeply implement the "two mountains" concept and promote high-quality economic development.

Stocks are a kind of marketable securities. They are share certificates issued by a joint-stock company to investors when raising capital. They represent the ownership of the joint-stock company by its holders (i.e. shareholders). Purchasing stocks is also a purchase. A part of a company's business can grow and develop together with the company.

This kind of ownership is a comprehensive right, such as participating in shareholders' meetings, voting, participating in the company's major decisions, receiving dividends or sharing the dividend difference, etc., but it must also bear the responsibility for the company's operational errors. the risks brought about. Obtaining recurring income is one of the important reasons for investors to buy stocks, and dividend distribution is the main source of recurring income for stock investors.

The primary market (Primary Market) is also called the issuance market (Issuance Market). It refers to the market where companies sell newly issued stocks to investors directly or through intermediaries. The so-called newly issued stocks include initial issuance and reissued stocks. The former is the original stock sold by the company to investors for the first time, and the latter is the addition of new shares on the basis of the original stock.

If a joint-stock company is established through sponsorship, the registered capital shall be the total share capital subscribed by all the promoters registered with the company registration authority. In order to completely open up the market economy, the new company law in 2014 stipulates that the establishment of limited companies and joint-stock companies no longer has restrictions on the initial capital contribution and payment period.

If a joint-stock company is established by raising funds, the registered capital shall be the total paid-in share capital registered with the company registration authority. (After the implementation of the new Company Law in 2014, the minimum registered capital limit has been canceled for both joint-stock companies and limited companies.) If laws and administrative regulations have higher provisions on the minimum registered capital of joint-stock companies, those provisions shall prevail.

The methods of raising funds can generally be divided into two categories: Public Placement and Private Placement. Public fundraising requires review, which is divided into registration system and approval system.

Before issuing new securities, the issuer must first apply for registration with the securities regulatory authority in accordance with relevant regulations. It requires the issuer to provide all information about the securities issuance itself and related to the securities issuance, and requires the provided The information is authentic and reliable. ——The key lies in whether all investors have all the information published by each security issuer before investing, and whether they can make correct investment decisions based on this information.