How can we do a good job in financing?

● Main problems encountered in financing and listing of enterprises

First, insufficient preparation, rushed into battle.

1. Lack of understanding. Forced to do nothing, they did not fully consider the financing subject, listing place, international rules, audit preparation, cost composition, time period, capital use, information disclosure obligations and so on.

2. Lack of resources. Lack of strategic investor resources, lack of value mining means, affecting the effectiveness of financing, lack of support from international strategic partners.

3. Lack of planning. Lack of industrial integration ability and strategic development planning, failure to combine fund raising with technology introduction, improved management and industrial cooperation, and lack of development potential affect the refinancing plan.

4. Lack of strategy. Blind reorganization, hasty reorganization, long time, high cost and poor effect make the reorganized company lack of scientific and professional new adjustment, delay the opportunity and increase the cost of financing listing.

Second, I don't understand the rules and lack of science.

1. Blind pursuit of asset scale. Greedy for perfection, diversified development, low return on assets, low profitability and no investment value.

2. Emphasize subjective will and do not understand overseas financing rules. Pay too much attention to the proportion of equity, subjectively willing to borrow and cooperate, and do not understand the advantages and disadvantages of equity financing.

3. Lack of opportunities and motivation to learn rules. Pay attention to multi-party negotiation, not concentrate on study, and the ability of overseas financing business has not improved over time.

4. Lack of investment institutional resources and effective channels. There are many detours when you are deceived, but you have little experience. The real reason is the lack of investment and cooperation resources.

● How to fully prepare for overseas financing?

(A) the fundamental problems affecting the development of enterprises

1. Objectively, the biggest obstacle is that the problem of "financing difficulty" has not been effectively solved for a long time.

2. Subjectively: lack of necessary financing common sense, channel resources and strategic support.

(B) Why should we formulate overseas financing listing strategy?

1. Introduce valuable capital to enhance competitive strength.

2. Increase financing channels to achieve long-term sustainable income.

3. Carry out capital operation to achieve leap-forward growth.

4. Improve management mode and motivate core employees.

5. Promote development in an all-round way and keep the vitality of the enterprise forever.

● Why did you decide to go public overseas for financing?

(1) Domestic financing and listing

Lack of channels, funds and strategic support, high threshold, many procedures, long time, low efficiency, imperfect system, unreasonable structure and many difficulties in refinancing have made the problem of "financing difficulties" of enterprises unable to be effectively solved for a long time, which is the fundamental obstacle restricting the development of Chinese enterprises.

(2) Overseas financing and listing

1. More investment resources and concise rules;

2. There is no administrative examination and approval and human intervention, and the cost is controllable;

3. Market operation, time to market and expected financing effect;

4. Professional cooperation of listed teams, high professionalism, short cycle and high efficiency;

5. Equity can be fully circulated to realize the incentive mechanism;

6. It is easy to get the dual support of Chinese and foreign governments to enhance the international status of enterprises.

● How to grasp the timing of financing listing?

(A) their own factors

1. Enterprises face competitive challenges;

2. Capital demand and factors of improving management;

3. Accurately predict the annual business indicators and meet the financing and listing conditions;

4. The audited financial data shall not exceed the prescribed time limit.

(2) Market factors

1. How to reflect its own investment value;

2. Performance analysis of similar enterprises in the stock market;

3. According to the industry cycle, we should avoid poor market expectations.

● How to choose the financing listing place?

China enterprises can usually choose Hongkong, Singapore, the United States, Japan, Britain and other places for overseas financing and listing, but the following factors should be considered:

1. Sources of strategic investors;

2. Listing criteria and refinancing conditions;

3. The investor base determines the issue effect;

4. Stock liquidity;

5 listing valuation and the amount of funds raised;

6. Basic requirements for statutory information disclosure;

7. List cost and maintenance cost;

8. Cultural background differences and enterprise/industry identity.

● How to assess the risk of financing listing?

1. Policy risk: The overseas financing and listing of enterprises should conform to China's industrial policies for foreign investment.

2. Financial risk: The financial information provided by China enterprises must be true, complete and effective.

3. Decision-making risk: make decisions according to market rules, strengthen confidence and reduce human interference factors.

● How to choose investment institutions and professional institutions?

1. Investment institutions should be familiar with the industrial development and enterprise characteristics of China.

2. Professional organizations can design the best comprehensive solutions for enterprises.

3. We can actively coordinate and promote the division of labor and cooperation among institutions.

4. Make every effort to help enterprises achieve the goal of financing and listing quickly, efficiently and safely.

Considerations:

1. Whether the investment strategies are the same;

2. Professional experience and talent;

3. Familiar with enterprises and industries in China;

4. Do you feel good about yourself and have a sense of comprehensive service at work.

● How to improve the efficiency of financing listing?

1. Establish a general coordinator and financial consultant mechanism to make comprehensive preparations.

2. Conduct management counseling, make a comprehensive plan and get full support.

3. Integrate industrial resources, improve financing strategies and tap the investment value of enterprises.

4. Represent the interests of the enterprise, provide all cooperation resources and carry out team work.

5. Properly solve various procedural and non-procedural problems encountered by enterprises.

● How to control the cost of financing listing?

1. Assist enterprises to do all the preparatory work, reduce the market development cost of other professional institutions, and reduce the unnecessary workload of professional institutions;

2. Be familiar with industry practices and work norms, and select suitable investors, lawyers, accountants, competent banks and securities underwriters to enter the market;

3. Clarify the responsibilities of professional institutions to prevent the problems of "blank responsibilities" and "duplication of work and expenses";

4. Do a good job in time cycle planning and cost control management, improve work efficiency, shorten the financing cycle, and ensure that normal production and operation are not affected;

5. Special experience and technical arrangement.

■ Conclusion theory

Only by establishing the financing and listing strategy can China entrepreneurs build their own enterprises into industry leaders and enjoy a dominant position.

Only with the help of financial consultants can China enterprises choose suitable investors and capital markets for financing and listing.

Only with the help of professional financial consultants can China enterprises better guard against risks and complete the task of financing and listing.

Through early communication, Bai Shubo and Wang Ling, financial department managers of Shanghai Pudong Development Bank Harbin Branch, were invited to work in our city on June 65438+1October 65438+June and June 65438+July. In the past two days, they first visited eight enterprises including Shengkai Plastic Products Co., Ltd., Trillion Steel Structure Engineering Co., Ltd., Yuanfeng Tire Co., Ltd., Yadong Nonwoven Fabric Co., Ltd., Xinlong Glass Products Co., Ltd., Baosi Biotechnology Co., Ltd., Jindi Biotechnology Co., Ltd. and Huatai Company, as well as the rubber garden and glass garden in Honggang District. Then he had a discussion with the leaders of the Municipal Economic Commission, the leaders of the District Economic Planning Bureau and the heads of enterprises, which strengthened the relationship between banks and enterprises and enhanced understanding. Both banks and enterprises indicated that they would strengthen cooperation in the next step.

Through the visit, the leaders of Shanghai Pudong Development Bank were deeply impressed by the city's economic development environment, enterprise scale and project quality, which laid a solid foundation for the next cooperation.