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    SFC: Home Business IPO Was Suspended For Review

    2014/7/16 15:05:00 34

    SFCHome BusinessIPO

    < p > < < a > href= > http://www.91se91.com/news/index_c.asp > > supervision > /a > Q & A on the case of suspension of the examination of initial public offerings. The examination is divided into the following situations: case 1, the application documents are not complete and so on, which leads to the failure of the audit procedure. Case two, the issuer's qualification is doubtful or the intermediary's practice is limited, resulting in the auditing procedure unable to continue. Case three, there is doubt about the information disclosed by the issuer, which needs further verification; four, the issuer voluntarily requests that the examination be stopped, or other auditing work can not be carried out normally. < /p >
    < p > according to the information released by the SFC, the reasons for the suspension of the review of the 14 home enterprises are "case 1", that is, the incomplete application documents, which leads to the failure of the audit process. < /p >
    < p > industry insiders say that enterprises who have suspended a href= "http://www.91se91.com/news/index_c.asp" > /a > can resume their normal audit status only after making up half year reports. In August and September, it is expected to suspend the semi annual report of enterprises. < /p >
    < p > China < a href= "http://www.91se91.com/news/index_c.asp" > home market < /a > low degree of concentration. Many enterprises hope to expand the company through listing. At present, there is no money in the household enterprises that participate in IPO, and cash flow does not have an advantage. On the one hand, the issuance costs of intermediaries can usually account for 10%~15% of enterprises' fund-raising, and may also involve some hidden costs. Some cash flow tight home enterprises may not be able to support the day of listing, and some people have pointed out that they have been involved in IPO. < /p >
    < p > related links: < /p >
    "P" recently, according to the first batch of 20 provincial industrial demonstration industrial cluster lists released by the leading group of new industrialization in Jiangxi Province, the ramie textile industrial cluster in Fen Yi county is among them. < /p >
    < p > to build Jiangxi provincial industrial demonstration industrial cluster, aiming at implementing the strategy of industrial province and vigorously promoting industrial upgrading and development. The local government, by increasing support at all levels, will create a leading industry leader and play a typical guiding role, thus accelerating the development of industrial clusters and upgrading the overall level of industrial development. < /p >
    < p > Jiangxi province Yi Yi county is the hometown of Chinese grass cloth and ramie textile city of China. It not only made a complete industrial chain from ramie planting to home textile manufacturing, but also formed the industrialization mode of "leading enterprises + professional cooperatives + farmers". It is reported that in 2013, the cluster achieved a total of 2 billion 190 million yuan in main business, and will build a fashion Ma Industry Center featuring ramie products, integration of agriculture, industry and commerce, and international influence. < /p >
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