Core Insights - The process of going public is likened to a well-orchestrated symphony, requiring the right timing and conditions for success [1] - Companies that focus on building a sustainable foundation rather than seeking short-term gains are more likely to succeed in the long run [1][3] - The current market environment emphasizes the importance of intrinsic value and the ability to create lasting value over mere size and growth [3] Group 1 - Companies are now evaluated based on their governance structure and transparency, which are critical for gaining market favor [3] - The true value of a company lies in its ability to continuously create value for customers and contribute to the industry and society [3] - In an era driven by innovation, the capital market remains open to high-quality companies that adhere to long-term principles and ethical business practices [3] Group 2 - The growth of a company is compared to a marathon, where maintaining strategic focus and business integrity is more important than chasing short-term goals [3] - Market expectations serve as a motivation for companies, encouraging them to demonstrate their value when the timing is right [3] - Regardless of the stage of development, sustained growth is more significant than the temporary allure of an IPO [3]