Grassroots lawyers also have spring

Chapter 782

During lunch, Wang Chuan saw Jiao Heng, and specifically asked about the construction company and the GM Hotel. Jiao Heng told Wang Chuan that, apart from Mr. Luo calling him to consult on several legal issues, the construction No one from the company contacted him again, and no one mentioned the employee's complaint about social security.

Jiao Heng had already read the materials regarding the dismissal of employees at the GM Hotel, and made some suggestions. The HR department had already issued a notice of termination of employment to the employees. If the other party sued the hotel, President Ding would notify him.

Jiao Heng's words made Wang Chuan more sure that the complaint made by the twelve employees of the construction company to the Social Security Center was a conspiracy, and there must be someone behind the twelve people.As for who is operating, Wang Chuan doesn't want to guess, and there is no need to guess.It is his current principle not to participate and not to inquire, so as not to get caught up in the fire and fall into internal fighting.

Yuanfang Law Firm No. [-] has many positions in the law firm, but rarely sees lawyers. They are either on the way to see the project or on the way to the site every day, and the workload is always so full.

Even Wen Yu, the boss of a group, Wang Chuan rarely sees her.On Thursday, Wen Yu came to look for Wang Chuan suddenly, which startled the latter, thinking that something had happened.

"Wen Lu, what do you want from me?" Wang Chuan asked nervously.

"Wang Lv, business on the New Third Board has been very hot recently. Several brokerages have contacted me and asked if we should do this business." Wen Yu said with a smile.

"Oh, this matter!" Wang Chuan patted his chest, and put his heart back to its original position.

"Or else?" Wen Yu was a little puzzled.

"It's fine. I've also heard about the NEEQ business. There are several small law firms in the Imperial Capital, and they're doing pretty well." Wang Chuan said.

"Well, now is the beginning of the popularity, and it will become more and more popular in the future. Shall we participate?" Wen Yu smiled.

"Well... Before you do it, you should first understand the situation of the New Third Board. I will also do research and ask my friends. This is a new field and belongs to the capital market business. Let's not try it lightly. It will not waste people and money!" Wang Chuan thought. down the road.

He is still relatively conservative. He will not easily try a business that he does not understand until he understands the business model, service method, and service cost.

If he was the only one, maybe he would give it a try and do NEEQ business, and if it didn’t work, he could withdraw.

But now the law firm has more than 40 lawyers, paralegals and trainee lawyers, etc., totaling more than [-] people, and the business is passable. He doesn't want to lead everyone to do business that they are not good at because of his sudden enthusiasm, and lose the watermelon to pick sesame seeds. , so he needs to think twice before making any decisions, dare not make rash advances, let alone affect the existing business.

"Wang Lv, what aspects do I need to know?" Wen Yu was a little puzzled, why Wang Chuan was so cautious when so many law firms and securities firms were vying for business on the New Third Board, she felt that Wang Chuan was a little too cautious.

"First of all, the New Third Board is a nascent business. It depends on its customer base and listing requirements; secondly, you look at the positioning of the New Third Board, whether it is on an equal footing with the Shanghai Stock Market and the Shenzhen Stock Market, and whether it is sustainable. Finally, look at The investment threshold of the new third board, after these issues are determined, we will discuss whether to undertake the business of the new third board." Wang Chuan thought for a while.

In fact, Wang Chuan heard about the NEEQ business from Lao Niu before. Lao Niu first came into contact with the NEEQ in [-]. The "New OTC Board" at that time was not called the NEEQ, and the listing system was not as perfect as it is now, and it was only a regional one. Plate, only for some high-tech enterprises in Zhongguancun.Commonly known as the "Old Third Board".

In [-], the New Third Board was expanded to include four national high-tech parks, and the scope of enterprises that can apply for listing on the New Third Board has significantly expanded.

According to Lao Niu, there was a securities firm called Shenyin & Wanguo. At that time, its investment banking department had been tepid. But when other securities firms disdained to do the new third board and were busy with IPO projects, Shenyin & Wanguo began to deploy the new third board. Slowly getting bigger and bigger and doing more and more, it can be regarded as catching up with the trend.

At the end of [-], the new third board ushered in the opportunity to take off. The China Securities Regulatory Commission announced that the scope of enterprises listed on the new third board would expand to the whole country, basically open to all companies.Of course, in the later stage, some industries regulated by the state, such as real estate companies, are strictly prohibited from listing on the New Third Board.

On January 24, 280, 620 companies were listed on the New Third Board at one time, and a total of [-] companies were listed, declaring that the New Third Board market has officially become a national securities trading market.

However, there is a problem here, which anyone with a discerning eye can understand immediately, that is, the IPO of a company in Shanghai and Shenzhen is called "listing", while the listing of a company on the NEEQ is called "listing".

"Listing" and "listing" are not only different words, but also have different meanings.The stocks of listed companies are open to all investors, and everyone can buy and sell the stocks of listed companies as long as they open an account.

Listed companies do not have this kind of treatment. There is a threshold for investors to open an account. At the beginning, financial assets were required to be 500 million. Afterwards, several adjustments were made. million in financial assets, still unable to open an account.

Moreover, the New Third Board is dominated by institutional investors and only a small number of retail investors. Such a threshold setting is doomed to be unable to compare with the Shanghai and Shenzhen stock markets in terms of trading volume and activity.If the new third board is a kindergarten student, then the Shanghai stock market and the Shenzhen stock market are graduate students, which are completely incomparable.

If there is no trading volume, there will be no market. The front is a big trick, and the water is used to raise fish. After the number of listed companies rises to a certain number, everyone will definitely find the problem. Do the companies behind spend millions of dollars to list new ones? Three boards can be imagined.

(Currently, the NEEQ has divided the selection layer (quasi-IPO) to open up the listing channel. After all, it is all to attract companies to list and find a way out for companies that have already been listed. Otherwise, everyone will be delisted and no one will be listed. How embarrassing to play with!
But after so many years, companies that should be listed have been listed, and companies that should not be listed have also been listed. It is hard to say how many companies still want to list on the New Third Board)
Why set the threshold like this?This is because the new third board is aimed at small and medium-sized enterprises, and the risk of the enterprise is very high. Some are declared bankrupt within a year after being listed, and some apply for delisting (not playing) after a few months of listing, and financial problems are even more serious. All are, of course, this is something for later.

Listed companies have much more serious financial problems than listed companies.Therefore, we must work carefully in investment, otherwise there will be major risks.There are too many people holding signs and pulling banners, it's a panic!
Of course, these are all what Lao Niu said. Wang Chuan has never really done the New Third Board, and he has no right to speak if he has not done it, so it is inconvenient for him to say anything to Wen Yu, but he still believes in Lao Niu's words.

(End of this chapter)