How long does the Beijing Stock Exchange make an appointment for the trial?

It takes about two months for the Beijing Stock Exchange to make an appointment for trial.

1. IPO registration of Beijing Stock Exchange. In terms of time, the Beijing Stock Exchange will review for two months, and the CSRC will register for 20 working days, excluding the time for the intermediary to reply to the feedback. Therefore, in theory, it takes about 6-8 months from filing to listing on the North Stock Exchange.

2. The IPO time of Beijing Stock Exchange is divided into four stages: pre-rectification preparation-preparation of application materials-review at the meeting-issuance and listing. The early rectification will be time-consuming, and if there is a big problem, it is likely to be invalidated throughout the year. Therefore, the earlier the pre-rectification, the better. For example, in the first year of the reporting period, an intermediary agency was hired for rectification to meet the IPO reporting requirements of the North Stock Exchange. The preparation time of application materials is generally more than half a year.

I. Listing conditions

1, the market value is not less than 200 million yuan, and the net profit in the last two years is not less than150,000 yuan, and the weighted average return on equity is not less than 8% on average. Or both: the net profit in the latest year is not less than 25 million yuan, and the weighted average return on equity is not less than 8%;

2. The market value is not less than 400 million yuan, and the average operating income in the last two years is not less than 654.38 billion yuan. The growth rate of operating income in the last year is not less than 30%, and the net cash flow generated by operating activities is positive;

3. The market value is not less than 800 million yuan, and the operating income in the latest year is not less than 200 million yuan, and the total R&D investment in the last two years accounts for not less than 8% of the total operating income in the last two years;

4. The market value is not less than 654.38+0.5 billion yuan, and the total R&D investment in the last two years needs to be not less than 50 million yuan.

Second, the IPO listing of the North Exchange is very complicated. In fact, the process is exactly the same as the A-share IPO, and the specification requirements are exactly the same. It needs to go through four processes:

1, the first stage: financial advisory stage, in short, intermediaries will carry out various financial and legal norms for enterprises according to the requirements of IPO. In practice, IPO rectification may be encountered, and the following problems are likely to be encountered: inaccurate income confirmation, inconsistent invoicing, inaccurate allocation of materials and labor costs, inaccurate cost measurement in engineering industry, capital occupation, abnormal flow of bank cards, etc. If you encounter these problems, you should adjust them as soon as possible so as not to affect the listing.

2. The second stage: the counseling stage, in which the enterprise needs the help of intermediary agencies and files counseling at the local securities regulatory bureau. Counseling time varies from place to place, usually between 3-6 months.

3. The third stage: the sponsorship stage, which is mainly followed up by the intermediary. It needs to visit, prepare application materials, make papers, focus, report feedback, etc.