What are the benefits of listing a factory? Thank you.

A listed company is a joint-stock company whose shares have been approved by the State Council or a securities authority authorized by the State Council to be listed and traded on a stock exchange. The so-called unlisted company refers to a joint stock limited company whose shares are not listed and not traded on the stock exchange. A listed company is a type of joint stock limited company, and such a company must meet certain conditions in addition to being approved for listing and trading on the stock exchange. Most companies are under the shareholding system. Of course, if the company is not listed, these shares are only in the hands of a small group of people. When a company grows to a certain extent, it needs capital due to its development. Going public is a good way to absorb the money. The company pushes a portion of its shares onto the market, sets a certain price, and lets these shares be traded on the market. The money from the shares being sold can then be used to continue to grow. The shares represent a portion of the company. For example, if a company has 1 million shares, and the chairman of the board holds 510,000 shares, the remaining 490,000 shares, put on the market and sold, is equivalent to selling 49% of the company to the public. Of course, the chairman can also sell more shares to the public, but in that case there is a certain risk that if there is a malicious buyer who holds more shares than the chairman, there will be a change in the ownership of the company. Overall, going public has both advantages and disadvantages for a company. Advantages: 1, get the capital. 2, the owner of the company sells a part of the company to the public, which is equivalent to find the public to bear the risk with themselves, like 100% holding, lose 100, 50% holding, lose only 50. 3, increase the liquidity of shareholders' assets. 4, escape from the control of the bank, do not need to test the bank loan. 5, increase the transparency of the company, increase the public confidence in the company. 6, increase the company's popularity. 7, increase the company's reputation. 8, increase the company's transparency, increase the public's confidence in the company. 6, increase the company's popularity. 7, if a certain amount of shares are transferred to the management, it can improve the conflict between the management and the company's holders (agency problem). There are also disadvantages: 1, listing costs money; 2, while increasing transparency, it also exposes many secrets; 3, after listing, the shareholders have to be informed of the company's information every once in a while; 4, there is a possibility of being held in bad faith; and 5, if the price of the shares is set too low at the time of the listing, it is a kind of loss to the company. In fact, it is a common practice that almost all companies will set the price of their shares at a lower level when they go public. There is no obvious and direct change for the employees.