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Why can't Datang Xian Yi Technology go public?

Not a joint-stock enterprise. Hunan Datang Xian Yi Technology Co., Ltd. was established in 2004, which belongs to China Datang Group and is located in Changsha, Hunan Province. It is a wholesale-oriented enterprise. Hunan Datang Xian Yi Technology Co., Ltd. is a wholly-owned company invested or controlled by non-natural persons, not a joint-stock investment enterprise. So it can't be listed. A listed company is a joint-stock enterprise approved by the securities administration department of the State Council, which publicly issues shares to the public.