Some companies are suitable for going public.
Some are not.
Such as Sheng Tang.
Sheng Tang Group.
It is a garment manufacturing company. The future profitability of this type of company is predictable and there is no possibility of explosive growth. Naturally, even if it went public, the stock price wouldn't be highly sought after.
Therefore,
Sheng Tang Group, Tang Qing was not planning to go public.
Like Sheng Tang Group, Wan Qing Mining was also the same,—its mineral deposits were "certain," and increasing their future value required heavy investment in purchasing and mining, making it difficult for stock investors to see explosive profitability.
Moreover,
other companies under Tang Qing were possibly going public.
...
After signing the contract,
Ge Feng talked with Tang Qing for a long time.
It was called a chat,