1. The enterprise shall be a legally established joint stock limited company;

2. Convene a general meeting of shareholders to make a resolution;

3. Making a prospectus or other public offering documents;

4. Hire sponsors according to law;

5. Other preparations.

1. What preparations should the company make before listing?

1. accounting standards. Generally speaking, the pre-listing conditions of an enterprise include the company's annual turnover, gross profit, net profit, assets, capital, liabilities and other indicators. It includes three main conditions, as well as solvency, operational ability and profitability. Before listing, the company had financial irregularities. Some companies have two sets of financial accounts, a tax account and an internal management account. Tax accounts are only designed to meet the needs of tax declaration and tax inspection, and most of them can't reflect the real business and financial situation of enterprises. Although internal management accounting records and reflects all business activities of the company, the principles and methods of its recording are often inconsistent with the requirements of accounting standards. Therefore, once a company decides to go public, it must ask a professional accountant to clean up and standardize its accounting, so that it can meet the listing requirements, and thus successfully pass the listing audit of an accounting firm with professional qualifications for listing business.

Companies to be listed, especially private enterprises, generally have several sets of accounts due to various needs such as financing and taxation, which need to be handled in time to bring all economic and business matters into a unified reimbursement system.

Therefore, accounting policies should be consistent, accounting estimates should be reasonable and should not be changed at will. Do not arbitrarily change the depreciation period of fixed assets, the proportion of bad debt provision, the method of income recognition and the method of inventory cost carry-over.

2. Tax laws and regulations are similar to financial laws and regulations. Before listing, all tax-related matters of enterprises in recent years must be cleared up to confirm whether there are tax evasion or other illegal tax laws. This work can also be completed by hiring professional accountants or tax agents.

Taxation is a key issue in the process of listing. In terms of taxation, the Measures for the Administration of Issuance and Listing of Main Board and Growth Enterprise Market promulgated by China Securities Regulatory Commission all stipulate that the issuer shall pay taxes according to law, and all the tax incentives are in line with the provisions of relevant laws and regulations, and the operating performance of the issuer has no significant dependence on tax incentives.

The taxes and tax rates implemented by enterprises should be legal and compliant. For preferential tax policies, we should first pay attention to its legitimacy, whether it belongs to local policies and is inconsistent with state regulations, and whether there is a formal approval document for preferential tax policies. For the case that tax incentives are local policies and inconsistent with state regulations, we should look for different solutions according to the audit policies provided by the training of sponsor representatives of the CSRC.

Second, what are the benefits of listing?

Benefits of listing a company:

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.

Before listing, the company's share price is one yuan per share, after listing, the company's share price is tens or hundreds of yuan per share, and before listing, the company's share price may still have water.

Therefore, listing is the best opportunity for the company's major shareholders to gain huge wealth quickly. More importantly, after listing, the company's shares are more valuable, and other financial institutions will provide lower-cost financing and provide more financing, thus solving the fund problem of the company's development.

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.

legal ground

Article 120 of the Company Law of People's Republic of China (PRC)

A listed company as mentioned in this Law refers to a joint stock limited company whose shares are listed and traded on a stock exchange.

Article 13 of the Securities Law of People's Republic of China (PRC)

When a company publicly issues new shares, it shall submit an application for issuance and the following documents:

(1) Business license of the company;

(2) Articles of association;

(3) resolutions of the shareholders' meeting.

(4) the prospectus or other public offering documents.

(5) Financial and accounting reports.

(6) The name and address of the bank that collects the shares.

Where a sponsor is hired in accordance with the provisions of this law, a letter of recommendation for issuance issued by the sponsor shall also be submitted. In case of underwriting in accordance with the provisions of this Law, the name of the underwriting institution and relevant agreements shall also be submitted.