A comprehensive report of 666 companies, this is the number of companies in the Shanghai and Shenzhen IPOs that were announced by the China Securities Regulatory Commission on Friday. At the same time, in the IPO inspection of the enterprise financial review, the final status of 269 companies stayed in the “terminate reviewâ€, and more than 40% of the listed companies suddenly left. According to statistics, there are 21 farm and animal husbandry enterprises that have passed the self-examination in this IPO review list. However, among the 51 main board and small and medium-sized board enterprises that withdrew materials last week, a large proportion of agricultural enterprises were withdrawn. The agriculture-related enterprises that were withdrawn last week include Jiangxi Wannian Xinxing Farming and Animal Husbandry, Shanghai Minfang Agricultural Science and Technology, Hubei Yinfeng Cotton, Inner Mongolia Sefeiya Agricultural Science and Technology, Fujian Liancheng Orchid and Anhui Huiling Seed Industry. According to incomplete statistics, nearly 30 agribusiness companies have applied for termination of the review this year. Why is it market- ? According to Xinmu.com, as of June 4, 2013, the total number of A-share listed companies was 2001, and that of agriculture, forestry, animal husbandry and fishery was only 40, including 10 animal husbandry. As we all know, if a company develops to a certain extent, it needs a large amount of additional investment to expand its scale. At this time, it needs a smooth and flexible financing channel. However, the reality is very cruel, and the financing difficulties of agricultural enterprises have become the ills of the industry, which seriously restricts its further development. Under the severe financing bottleneck, in order to seize the opportunity of industry development, enterprises are eager to open financing channels, and listing is the most convenient channel. The road to listing of agricultural enterprises is difficult. Listing companies is the dream of many entrepreneurs. In the relatively backward agriculture and animal husbandry industry, many agricultural enterprises have been eager to try in recent years because of the leaps and bounds of many agricultural enterprises through listing. However, it is very difficult for livestock enterprises to enter the capital market, and there are many people who suffer from stagnation. The listing of animal husbandry enterprises will encounter many problems: the leading enterprises in agricultural industrialization lack comprehensive evaluation standards, increase the difficulty of listing audits; sudden risks, such as pests, food safety, policy changes, etc., impact on the original evaluation system; product characteristics bring The financial problems; as well as land, property rights definition, environmental protection, corporate governance and other aspects are easy to cross. Whether it is planting, feeding or breeding, the production capacity of farming and animal husbandry enterprises is difficult to make clear. Many people will question why the production capacity of agricultural and livestock enterprises is sometimes low and sometimes high, which requires good communication with the CSRC. The downstream customers of many agricultural enterprises are farmers or individual customers, and all purchases are agricultural products. There will be certain problems in the confirmation of the acquisition or the confirmation of costs. It is worth noting that companies are cash transactions throughout the business process, or no invoicing at all. The company's listing is not a once-and-for-all The stock market is risky and needs to be cautious when entering the market. This sentence is not only for the shareholders, but also for the companies to be listed. Solving the financing problem, collecting large amounts of social capital through listing, expanding the scale, and achieving rapid growth are the direct benefits that the listing brings to the enterprise. In addition, in China, the listing of enterprises often means that the company has a good image and a solid government relationship, which can give investors and customers a better reassurance. However, as a listed company, it needs to perform more responsibilities and assume more obligations than private enterprises. Among them, there are standardized management and regular disclosure of corporate information. Normative management includes corporate systems, corporate governance, organizational structure, ownership structure and dominance, risk management, and information disclosure. Many people in the industry do not agree that companies are blindly listed. Feng Dingyuan, a professor at South China Agricultural University, holds this view. He has publicly pointed out that agricultural companies are too early to pursue listings, and may be forced to smash companies for reasons such as financial disclosure and management confusion. A researcher at CICC explained in detail the current status and shortcomings of the listing of agricultural and livestock enterprises. He believes that the first consideration for investors is the income. Farmers and animal husbandry enterprises generally have problems with unclear profit models. Even if they are listed, growth may not be good, and many stocks become junk stocks. In addition, he also pointed out sharply that as a public company, listing means opening up self-protected armor, and it is easy to "cheat the bee". Internal disputes will be exposed immediately, competitors may take the opportunity to do things, and the media must be swarmed. When the public opinion is tortured, the enterprise will be busy. Energy Conservation Green House Energy Conservation Green House,Energy Saving Greenhouse,Energy Efficient Greenhouse,Greenhouse Without Electricity Jilin Yidao Technology Co., Ltd , https://www.yidaotechnology.com
Feed companies have to consider the issue of listing