How long does it take for listing counseling to go public?

Organize directors, supervisors, senior managers (including managers, deputy managers, secretaries of the board of directors, financial officers and other senior managers) and shareholders (or their legal representatives) who hold more than 5% (including 5%) to participate in the study, training and examination of basic securities knowledge such as laws and regulations on issuance and listing, standardized operation of listed companies, and the time is about 3 to 12 months. Urge enterprises to initially establish a corporate governance structure that meets the requirements of modern enterprise system, and standardize their operation in accordance with relevant regulations, including formulating articles of association that meet the requirements of listing, standardizing the organizational structure of the company, improving the internal decision-making control system and incentive and restraint mechanism, and improving the company's financial accounting system. Check whether the establishment, restructuring and reorganization, equity setting and transfer, capital increase and share expansion, asset evaluation and capital verification of joint-stock companies are legal, whether the property right relationship is clear, and whether the legal ownership of trademarks, patents, land, houses and other assets is properly handled, and urge enterprises to achieve independent operation, so as to achieve independent and complete business, assets, personnel, finance and institutions, highlight their main business and form their core competitiveness.

Supervise enterprises to standardize the relationship with related parties such as controlling shareholders, properly handle the problems of horizontal competition and related party transactions, and establish a standardized decision-making system for related party transactions. Supervise and urge enterprises to form clear business development goals and future development plans, and formulate feasible plans for raising funds and other investment projects. Assist enterprises to prepare for initial public offering. Counseling institutions and enterprises can negotiate to determine the focus and implementation means of counseling at different stages. In the initial stage of counseling, the focus can be on in-depth investigation to form a comprehensive and specific counseling program; In the middle stage of counseling, the focus is on studying and training, diagnosing and solving problems; In the later stage of counseling, the key point is to complete the counseling plan, evaluate it, and prepare for the initial public offering application documents. Hire a consulting agency. When choosing counseling institutions, enterprises should comprehensively examine their independence, credit status, professional qualifications, R&D strength, marketing ability, business level of specific contractors and other factors. According to the Measures for the Administration of Stock Underwriting Business of Securities Institutions (Zheng Jian Fa [1996] 18), a securities institution that holds more than 7% of the shares of an enterprise or is one of the top five shareholders of an enterprise may not become a sponsor institution of an enterprise.

Enterprises should merge counseling institutions with sponsors, and it is not appropriate to choose the above-mentioned securities operating institutions that do not have independence as counseling institutions. Counseling institutions enter early. According to the regulations, listing counseling should be officially started after the enterprise is restructured and reorganized into a joint stock limited company. However, the reform and reorganization plan is the core content of the preparation for the issuance and listing of enterprises, and it is the top priority of the listing counseling work. Therefore, if possible, after reaching a counseling intention with the enterprise, the counseling institution should intervene in the overall design of the enterprise's issuance and listing plan and the specific operation of restructuring and reorganization as soon as possible.