Haidilao's disclosure of the prospectus on the Hong Kong Stock Exchange has become an event of great concern in the capital market in the past two days. As a hot pot restaurant brand, Haidilao has a high reputation, especially for some foodies. Now that it is going to be listed, it will definitely attract attention.

For enterprises, listing is a good thing, and it is also a path that many enterprises have always wanted to achieve in their growth. As for the listing of Haidilao, the Bank Information Port believes that the reasons are as follows:

First, the needs of brands. At that time, many industries were changing, and the catering industry was no exception. Foreign brands and domestic brands competed with each other, and there were many local cuisines in all parts of the country among domestic brands, and the impact of online ordering was not small at present. If it can finally be listed, it will be a good thing for the brand, and it will be more conducive to the brand effect in the future marketing. At present, no matter whether it is A shares or H shares, there are not many catering enterprises like Haidilao listed. If it can finally be listed this time, the brand will be even more.

second, the need of management. Generally speaking, the financial and institutional management of catering enterprises is not as good as some manufacturing planning. Once Haidilao is listed, it will bring standardized management, and the internal control management such as finance and auditing will be more standardized, which will help enterprises to be more standardized and develop healthily for a long time.

third, the need for financing. What any enterprise wants to solve when it goes public is financing. According to the prospectus, the current ratio (current assets/current liabilities) of Haidilao is less than 1 year after year, which also reflects that the current liabilities of Haidilao exceed the current assets, that is, the working capital of Haidilao (working capital refers to the difference between the current assets and current liabilities of the enterprise at a certain time) is negative, which shows that Haidilao is still short of money.