manage well, and you can go public when you reach a certain amount of capital.

listing is a security market term. Initial Public Offerings(IPO) in a narrow sense refers to the process in which an enterprise issues additional shares to investors for the first time through a stock exchange in order to raise funds for enterprise development. When a large number of investors subscribe for new shares, they need to allocate shares by lottery, which is also called drawing new shares. The subscribed investors expect to sell them at a price higher than the subscription price. Under the environment of China, the listing is divided into the listing of China company on Shanghai Stock Exchange and Shenzhen Stock Exchange in China; China companies directly go to non-Chinese mainland stock exchanges (such as Hongkong Stock Exchange, new york Stock Exchange, Nasdaq Stock Exchange, London Stock Exchange, etc.) and China companies indirectly set up offshore companies overseas and list on overseas stock exchanges in the name of the offshore companies (red chips).