Should paint companies go to the capital market?

China Coatings network
: April 13, 2015, Qumei Furniture issued a prospecto, April 22, Qumei Furniture officially landed on the Shanghai Stock Exchange listing. Since 2014, Qumei furniture, Gujia home, Ya Zhen furniture, Hospitality, Hengkang Home, Yongyi Furniture, Nanxing Furniture and other furniture enterprises have joined the IPO army, so far, only The IPO of Geemei furniture by the CSRC Development and Audit Committee approved, and listed. In addition, Jiangshan OupaiMenye Co., Ltd., Guangdong Piano Science Artists Co., Ltd., Tea Flower Modern Household Products, Multi-Love Home Textile Co., Ltd. are in line to list, can be described as the pace of listing of home enterprises more and more intensive. In 2015, home companies may be on the market.
home enterprises have embarked on the road to listing, to the capital market? It's good to go public, or it's better not to go public? Should household enterprises go to the capital market in the end?
China's home industry is relatively small of large enterprises, most of the assets of enterprises are concentrated in between 100 million and 1 billion yuan, and these enterprises want to do a big shortage of capital, rather than "falling" in the market is better in the capital of the sale of value-added. At a time when overall profits in the traditional home industry are falling, it seems a good choice to use the capital market to promote the development of enterprises.to regulate the operation. At the time, most home enterprises are facing transformation and upgrading, how to set the direction? In China, the threshold of traditional home industry is not high. Many home enterprises are starting from a young, step by step development, so the entire enterprise's operation and management is not fully standardized, including financial and human resources management. In this regard, relying on the enterprise's own efforts, the operation and management of enterprises is not so easy to regulate up.
if listed, home enterprises will be placed on a broad, open and transparent platform, to accept the supervision of all parties, can be said to be a good way to regulate enterprises. Although the specification may not be able to be listed, but the listing must be standardized. Once the home enterprises into the listing link, all their investment accounts, operations, profit and loss status must be made public, and after that must also continue to inform the company of the latest situation, which put forward a high demand for the standardization of the operation of enterprises, after the listing of enterprises to continue to regulate
It is understood that since 2010, home enterprises have been the talent echelon "green and yellow do not pick up." Nature home marketing general supervision Qilin said that the furniture building materials industry now needs is all-talented, the best both know the design, but also understand the product, this composite talent, middle and senior management personnel is currently the most lack of home enterprises. In addition to the shortage of composite talents, another talent bottleneck in the home industry is strong talent mobility. Foshan, a door and window brand leader said that their company opened five years, product designers changed three dials, the industry's limitations always let some young people stay not long.
home companies listed, can bring abundant funds for enterprise development, for enterprises to become bigger and stronger to support, then enterprises to attract and retain talent chips more. Enterprise talent echelon of "green and yellow do not connect" has seriously affected the pace of development of China's home enterprises. This requires enterprises to spend a lot of manpower and material resources to improve the status quo. And listing can use the stock to attract talent, temporarily alleviate the plight of the lack of corporate talent. At the same time, companies can also use stocks to motivate employees, because the stock market can independently determine the stock price to ensure that employees' interests are fulfilled.
is helpful for home companies, listing will be more abundant, conducive to the formulation of some strategies, market share expansion and attract pro-business talent, but listing is not a once-and-for-all thing.
Although post- listing operations will be more regulated and the risk of corporate decision-making errors reduced with independent directors, every major decision from "one person at the top" before and after the listing must go through the board process, which leads to reduced decision-making flexibility and sometimes missed opportunities.
shouldn't a home enterprise go public and go to the capital market? Ultimately depends on the enterprise's own operating capacity, if not the overall control of the long-term vision, even if the listing will be full of risks. Because the listing is to raise funds, but no ability to operate, to raise funds is useless. Whether listed or not, brand and quality is the magic weapon for home enterprises to win, home enterprises in the introduction of capital to expand business, expand development, we must start from their own conditions, and constantly improve themselves, improve the core competitiveness of enterprises. At the same time, the more money a business has, the better, and how to use it effectively is also very important. Many listed companies "overnight rich", because do not know how to effectively allocate the funds at hand, it is easy to expand the size of assets in the process of falling behind.