一级市场牛马，我跟分析师每天都干点啥（原创）

Group 1 - The article discusses various strategies for a listed company to acquire a startup using funds from the primary market, including options like private placement, joint investment, and SPV formation [3] - The analysis emphasizes the importance of regulatory compliance and detailed calculations of return rates for each acquisition strategy, considering factors such as the stock price of the listed company [3][4] - It highlights the need to evaluate the listing standards of different exchanges (like the Beijing Stock Exchange, Hong Kong Stock Exchange, and STAR Market) to determine the most suitable path for a startup's IPO based on operational and financial metrics [3][4] Group 2 - The article suggests quantifying the probability of successful listings on various exchanges and the time required for each, while also identifying key operational areas for improvement post-investment [4] - It discusses the importance of comparing potential investments by analyzing their internal rates of return (IRR) and the historical success of companies transitioning from the New Third Board to other exchanges [5][6] - The article also mentions the need to identify common factors that contributed to successful transitions and how these can be applied to current investment opportunities [6][7] Group 3 - The article outlines the necessity of conducting thorough due diligence reports, which are reviewed by the risk control department before finalizing investment decisions [9][10] - It emphasizes the importance of supporting portfolio companies in their operational setup, including creating feasibility plans that align with local government requirements [11][12] - The article notes the need for tailored communication with different departments, considering what information should be disclosed or withheld [12][13]