Why should enterprises go public? What are the benefits of listing?

First of all, funds can be raised, and the funds raised are not repaid, but raised by issuing stocks.

Secondly, the wealth of major shareholders of listed companies has greatly increased. Before the company went public, its shares were worthless. After public listing, the company's share price will rise dozens, hundreds or even thousands of times. Listing is a machine for major shareholders to make wealth.

Third, the company's listing is conducive to the promotion of the company's image. Listed companies are more likely to gain social trust, market recognition and user recognition, which is conducive to the company's access to a larger market and development.

Fourth, listing is conducive to the promotion of the company's brand, the credibility of listed companies is stronger, and it is more conducive to the company to establish a good brand. With a good brand, the added value of the company's products will increase, the added value of the company's products will increase, and the company's profits will increase.

Fifth, it is beneficial for the company to obtain more resources. The development of the company needs a lot of resources. After the company goes public, various resources will come to you, which is more conducive to the company's integration of resources.

Sixth, it is conducive to the company's capital operation. The development of an enterprise is a two-legged walk, the operation of an industry and the operation of a capital. Only the perfect combination of the two can the enterprise develop better.

Seventh, it is conducive to the integration of the company's industry. The integration of corporate industries needs a big platform, and listed companies are the best platform.

A listed company refers to a joint stock limited company whose publicly issued shares are listed and traded on the stock exchange with the approval of the securities administration department.

A listed company is a joint stock limited company, which must meet certain conditions besides being approved to be listed and traded on the stock exchange. After the revision of the Company Law and the Securities Law, more enterprises will become listed companies and companies whose corporate bonds are listed and traded.

base type

Stock listed company

(1) The stock has been approved by the securities management department of the State Council and has been publicly issued to the public;

(2) The total share capital of the company is not less than 30 million yuan;

(3) The publicly issued shares account for more than 25% of the total shares of the company; If the total share capital exceeds 400 million yuan, the proportion of public offering exceeds10%;

(four) the company has no major illegal acts in the last three years, and its financial and accounting reports have no false records;

(5) It has been in business for more than three years and has been making profits continuously in the last three years; If the original state-owned enterprise is established after being rebuilt according to law, or if it is newly established after the implementation of this law, and its main sponsors are large and medium-sized state-owned enterprises, it can be counted continuously;

(6) A stock exchange may set listing conditions higher than those specified in the preceding paragraph and report them to the securities regulatory body for approval.

Bond listed company

(1) Corporate bonds have been publicly issued;

(2) The term of corporate bonds is more than one year.

(3) The actual amount of corporate bonds issued is not less than 50 million yuan;

(4) When the company applies for listing bonds, it still meets the statutory conditions for issuing corporate bonds.

One of the conditions for issuing bonds is that the net assets of a joint stock limited company are not less than 30 million yuan, and the net assets of a limited liability company are not less than 60 million yuan. "

The establishment of a joint stock limited company shall be initiated by two or more persons, but not more than 200 persons ". Article 81 Where a joint stock limited company is established by means of sponsorship, the initial contribution of all promoters shall not be less than 20% of the registered capital.

General characteristics

(1) The listed company is a joint stock limited company.

A joint stock limited company can be a non-listed company and has the general characteristics of a joint stock limited company, such as shareholders' limited liability, ownership and management rights. Shareholders participate in company decision-making by electing the board of directors and voting.

(2) A listed company must be approved by the competent government department.

According to the Company Law, a joint stock limited company must be approved by the securities management department authorized by the State Council or the State Council, and may not be listed without approval.

(3) Shares issued by listed companies are traded in stock exchanges.

The stocks issued by listed companies are not traded on the stock exchange, but they are not listed stocks.

Compared with ordinary companies, the biggest feature of listed companies is that they can use the securities market to raise funds and widely absorb social idle funds, thus rapidly expanding the scale of enterprises and enhancing the competitiveness and market share of products. Therefore, after a joint stock limited company develops to a certain scale, it often takes the public listing of its shares on the exchange as an important strategic step for its development.