Core Insights - The IPO process involves a detailed examination of a company's daily operations, financial practices, and management, akin to using a magnifying glass and spotlight [3] - Company growth relies not only on organic development but also on mergers and acquisitions as a crucial strategy [4] - The CFO of Zhongke Jiangnan, Yang Chengbin, shares insights on the challenges of IPOs, the philosophy of "soul alignment" in mergers, and the evolving role of finance professionals in the intelligent era [5][6] IPO Challenges - The increasing difficulty of IPOs means that successful listings are rare, with companies needing to thoroughly prepare their financials and operations [6][7] - Yang Chengbin faced unexpected challenges during the IPO process, including the extensive workload, tight decision-making timelines, and numerous factors to consider [6] - Transitioning from a non-public to a public company requires a shift in mindset, balancing daily operations with regulatory and compliance demands [8][9] Management and Execution - The IPO process tests a company's foundational capabilities and the management's ability to handle pressure and adapt [7][10] - Successful IPO execution requires consistent commitment from decision-making to implementation, with a focus on long-term policy compliance [11][13] - The management's confidence in executing decisions and the ability to adapt during the IPO phase are critical for success [12] Mergers and Acquisitions - Mergers and acquisitions are essential for public companies, serving as a second leg for growth alongside organic development [14] - Successful mergers should align with the company's core business, ensure cultural compatibility, and have a shared vision between merging entities [14] - The complexity of mergers often surpasses that of IPOs due to the involvement of multiple stakeholders [15] Evolution of Finance Professionals - The finance profession has evolved through various eras, emphasizing the need for finance professionals to adapt to digitalization and intelligent tools [16] - Finance professionals must expand their knowledge beyond traditional accounting to include legal, operational, and market insights [17][18] - The future of finance roles will require a blend of hard and soft skills, with an emphasis on comprehensive capabilities [19] Community and Collaboration - The Finance Academy aims to connect CFOs and foster collaboration to address financial challenges faced by companies [20]
中科江南CFO杨成玢：首次操盘IPO，有三个“没想到”