Advantages and disadvantages analysis

1, the benefits to enterprises

(? 1) financial support: according to different regional parks and government policies, enterprises can enjoy park and government subsidies.

(? 2) Convenient financing: After the listing of the New Third Board, private placement can be implemented to improve the company's credit rating and help enterprises to raise funds faster.

(? 3) Wealth appreciation: The shares of listed companies and shareholders of the New Third Board can be circulated in the capital market at a higher price to realize asset appreciation.

(? 4) Share transfer: Shareholders' shares can be legally transferred to improve the liquidity of equity.

(? 5) Transfer to listing: Once the transfer mechanism is determined, the company can enjoy the "green channel" first.

(? 6) Company development: it is conducive to improving the company's capital structure and promoting the company's standardized development.

(? 7) Publicity effect: The brand of the companies listed on the New Third Board will enhance their corporate visibility.

2. Bad for enterprises

(1) Increased tax and regulatory costs.

(2) dilution of equity.

(3) information disclosure.

In a sense, the above requirements are necessary conditions for enterprises to become bigger and stronger, rather than unfavorable conditions.

Conclusion: The advantages outweigh the disadvantages.

(1) Listing conditions

(? 1) has been established according to law for two years. If a limited liability company is converted into a joint stock limited company according to the original book net asset value, the duration can be calculated from the date of establishment of the limited liability company;

(? (2) Its business is clear and it has the ability of continuous operation;

(? (3) The corporate governance mechanism is sound and its operation is legal and standardized;

(? 4) The equity is clear, and the issuance and transfer of shares are legal and compliant;

(? 5) Sponsoring brokers to recommend and continuously supervise;

(? (6) Other conditions required by the National Share Transfer System Corporation.

(2) Listing process

1, recombination stage

(1) Identify accountants, lawyers, asset appraisal institutions and securities firms;

(2) All intermediaries conduct due diligence and put forward rectification opinions;

(3) Issue audit reports and asset appraisal reports.

(4) Initiating the establishment of a joint-stock company;

(5) Convene the founding meeting, the first shareholders' meeting and the first board meeting of the joint-stock company, and determine the senior management personnel of the company;

(6) Obtain the business license of the joint-stock company.

2. Listing stage

(1) Second due diligence of accountants and lawyers;

(2) lawyers issue legal opinions, and brokers issue public transfer instructions;

(three) the internal audit of the brokerage company and the filing documents;

(4) feedback from the system company;

(5) The system company records and confirms;

(six) the China Securities Regulatory Commission approved the public transfer;

(7) Go through the listing procedures.

Subsidy policies vary from place to place. If you know from the local financial office, you can basically cover the intermediary agency expenses of about 654.38+0.5 million.