It stands to reason that a company should go public for the purpose of raising funds to facilitate the development and expansion of the enterprise. However, it is surprising that some companies seem to use listing as a tool to "circle money" rather than a springboard for enterprise development. This behavior not only undermines the fairness and transparency of the market, but also affects investors' confidence in the market.
According to preliminary statistics, there are currently 724 companies in the A** field that are queuing up to be listed. Among them, 488 companies paid large dividends before the IPO (initial public offering). This raises the question: why raise funds through IPOs when companies have enough money to pay dividends?Further investigation found that of the 488 companies, 366 IPO proceeds were used to repay debts and replenish liquidity. This can't help but make people ask again: if you can pay dividends, why don't you have money to pay off your debts?
This series of phenomena makes people wonder if some companies have designed a "seamless" closed loop from the beginning. They first borrowed billions from banks and used the funds to pay dividends as a way to "high" the company's performance. Then, they raise funds from the market through IPO financing, and use these funds to repay bank loans. Such operations not only undermine the fairness of the market, but also infringe on the rights and interests of investors.
What is even more worrying is that such behavior, in the absence of ** supervision and mandatory legal constraints, can easily breed financial corruption. It is supposed to be the "eyes" and "ears" of the public to supervise the market, but the reality is that many people choose to remain silent and may even be "bought" by interest groups. This allows financial corruption to thrive in the shadows, seriously undermining the health and fairness of the market.
These phenomena in the a** field reflect the "misuse" of some companies for listing. They regard listing as a tool to "circle money", rather than a platform for enterprise development. This behavior not only undermines the fairness and transparency of the market, but also affects investors' confidence in the market.
However, the ** person who should bear the responsibility of supervision chose to remain silent on the IPO issue, which is regrettable. And all the stakeholders involved in this incident may be in collusion with these people, and their goal is only one: that is, to seek monetary benefits through various means!
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