B: You’re quite right, but can you be more specific about what we must do?
A: Don’t you think your company is a bit short of funds to expand production at the moment.
B: That’s right.
A: You simply can’t afford to upgrade your facilities without large external investments.
B: Perhaps I have to borrow money from the bank.
A: It won’t lend you so much money.
B: I haven’t tried it.
A: Even if you got a loan, the interest rate for large sum would be more than you can afford. I’m convinced, the only way to gather funds you need is to go to public.
B: What should I do then?
A: Let me explain the requirements for an IPO.
B: I’m all ears. I want to have a thorough understanding of what this entails before I make further decisions.
A: The important point is that you have to demonstrate that you are financially qualified to be launched on the stock market. You must show you have a capital of 50 million yuan.
B: Our company does have that amount of money. Are there other requirements?
A: You have to prove that the company has been making a profit in the past three years. It’s also essential that there are no false financial reports.
B: Ok, no problem. I’ll try to go through the Registration procedure to get our company listed.