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How long does it usually take to go public?

The time required for listing depends on the specific situation of the company, generally 1-3 years. After due diligence, make a judgment on the company as a whole and issue a listing plan. If there are no major problems in the company's historical evolution and the financial statements can be used during the reporting period, you can complete the restructuring counseling as soon as possible and start making the application materials. After the application materials are made, they need to be accepted, reviewed and fed back by the CSRC, and then they will start to queue up for the trial meeting. This period of time usually takes about half a year, depending on the number of households in front of the queue. So it usually takes about a year to go smoothly. If the company has major problems to solve, or the financial statements can't be used, then three years or even longer is possible.

due diligence is also translated as "due diligence". It refers to a series of investigations conducted by the acquirer on the assets and liabilities, operation and financial situation, legal relationship, opportunities and potential risks faced by the target company during the acquisition process.

the time required for listing depends on the specific situation of the company, generally 1-3 years. After due diligence, make a judgment on the company as a whole and issue a listing plan. If there are no major problems in the company's historical evolution and the financial statements can be used during the reporting period, you can complete the restructuring counseling as soon as possible and start making the application materials. After the application materials are made, they need to be accepted, reviewed and fed back by the CSRC, and then they will start to queue up for the trial meeting. This period of time usually takes about half a year, depending on the number of households in front of the queue. So it usually takes about a year to go smoothly. If the company has major problems to solve, or the financial statements can't be used, then three years or even longer is possible.

Specific introduction of due diligence

Due diligence is a comprehensive and in-depth audit of enterprise historical data and documents, background of managers, market risks, management risks, technical risks and capital risks by intermediaries with the cooperation of enterprises. Most of these risks occur in Public Offering of Fund, and the acquisition and capital management of enterprises. The purpose of due diligence is to let buyers know as much as possible about the stocks or assets they want to buy.

from the buyer's point of view, due diligence is also risk management. For the acquirer and its financier, there are various risks in the M&A itself, such as the accuracy of the past financial books of the target company, whether the main employees, suppliers and customers of the target company will remain in office after the M&A, and whether there are any obligations that may lead to the collapse of the target company's operation or financial operation. Therefore, it is necessary for the buyer to carry out due diligence to make up for the imbalance in information acquisition between the buyer and the seller. Once risks and legal problems are found through due diligence, the buyer and the seller can negotiate which party will bear the relevant risks and obligations, and the buyer can decide under what conditions to continue the acquisition activities.