when a company goes public, the trademark right shall enter the listed company. The company shall go through the corresponding procedures before approving the issuance of shares, and fully disclose the trademark rights in the prospectus. When a company applies for listing and issuing shares, there shall be no risk of major adverse changes in the acquisition or use of trademark rights.

Legal basis

Article 3 of the Measures for the Administration of Initial Public Offering and Listing

An issuer shall not have the following circumstances that affect its sustainable profitability:

(1) The business model of the issuer and the variety structure of its products or services have undergone or will undergo major changes, which will have a significant adverse impact on its sustainable profitability;

(2) the industry status of the issuer or the operating environment of the industry in which the issuer is located has undergone or will undergo major changes, which have a significant adverse impact on the issuer's sustainable profitability;

(3) The operating income or net profit of the issuer in the latest fiscal year has a significant dependence on related parties or customers with significant uncertainties;

(4) The net profit of the issuer in the latest fiscal year mainly comes from the investment income outside the scope of the consolidated financial statements;

(5) The acquisition or use of important assets or technologies such as trademarks, patents, proprietary technologies and franchise rights in use by the issuer is at risk of major adverse changes;

(6) other circumstances that may have a significant adverse impact on the issuer's sustainable profitability.