探讨:中小企业IPO及上市前后费用预算

tangchun2000

<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 21pt; mso-char-indent-count: 2.0"><SPAN style="COLOR: black; FONT-FAMILY: 宋体">项目<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">          </SPAN></SPAN>预算费用 （万元）<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">    </SPAN></SPAN>占总费用比例（<SPAN lang=EN-US>%</SPAN>）<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">    </SPAN></SPAN>占总发行费用比例（<SPAN lang=EN-US>%</SPAN>）<SPAN lang=EN-US style="DISPLAY: none; mso-hide: all"><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></SPAN></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN lang=EN-US style="COLOR: white; FONT-FAMILY: 楷体_GB2312; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 8pt; COLOR: white; FONT-FAMILY: 楷体_GB2312; mso-hansi-font-family: Arial">名称</SPAN></B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 9pt; COLOR: white; FONT-FAMILY: Arial; mso-bidi-font-family: 'Times New Roman'; mso-font-kerning: 0pt; mso-fareast-font-family: 楷体_GB2312; mso-hide: all"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">财务顾问费用罢         </SPAN></B><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial"><FONT face="Times New Roman">20</FONT></SPAN></B><B><SPAN style="FONT-SIZE: 8pt; COLOR: black; FONT-FAMILY: 楷体_GB2312; mso-hansi-font-family: Arial">－</SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">30<SPAN style="mso-spacerun: yes">                                     </SPAN>1.5%-1.9%<SPAN style="mso-spacerun: yes">                                       </SPAN>0.07%-0.1% </SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial"></SPAN></B></FONT> </P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial"></SPAN></B></FONT><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">上市辅导费用<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">           </SPAN></SPAN></SPAN></B><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial"><FONT face="Times New Roman">20</FONT></SPAN></B><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; FONT-FAMILY: Arial; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 楷体_GB2312; mso-ascii-font-family: 'Times New Roman'">—</SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">40<SPAN style="mso-spacerun: yes">                                      </SPAN>1.5%-2.6%<SPAN style="mso-spacerun: yes">                                      </SPAN>0.07%-0.15%</SPAN></B><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: Arial; mso-bidi-font-family: 'Times New Roman'; mso-font-kerning: 0pt; mso-fareast-font-family: 楷体_GB2312; mso-hide: all"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 宋体; mso-hide: all"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">保荐人费用<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">             </SPAN></SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">400-550<SPAN style="mso-spacerun: yes">                                     </SPAN>26.32-35.48%<SPAN style="mso-spacerun: yes">                                 </SPAN>1.49%-2.04%</SPAN></B><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-hide: all"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: Arial; mso-bidi-font-family: 'Times New Roman'; mso-font-kerning: 0pt; mso-fareast-font-family: 楷体_GB2312; mso-hide: all"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">证券公司承销费<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">        </SPAN></SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial"><SPAN style="mso-spacerun: yes">    </SPAN>500-600<SPAN style="mso-spacerun: yes">                                     </SPAN>38.47%-48.71%<SPAN style="mso-spacerun: yes">                             </SPAN>1.86%-2.22%</SPAN></B><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: Arial; mso-bidi-font-family: 'Times New Roman'; mso-font-kerning: 0pt; mso-fareast-font-family: 楷体_GB2312; mso-hide: all"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 宋体; mso-hide: all"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">律师顾问费<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">             </SPAN></SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">20-40                                           </SPAN></B></FONT><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">1.5%-2.6%                                  </SPAN></B></FONT><B><SPAN lang=EN-US style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">0.07%-0.15%</SPAN></B><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-hide: all"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN lang=EN-US style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"><o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"></SPAN></B> </P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">会计师费用<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">             </SPAN></SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">40-80                                           </SPAN></B></FONT><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">3%-5.2%                                     </SPAN></B></FONT><B><SPAN lang=EN-US style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">0.15%-0.30%</SPAN></B><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: Arial; mso-bidi-font-family: 'Times New Roman'; mso-font-kerning: 0pt; mso-fareast-font-family: 楷体_GB2312; mso-hide: all"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 宋体; mso-hide: all"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">市场推介费用<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">           </SPAN></SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">250-300                                       </SPAN></B></FONT><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">15.79%-19.36%                          </SPAN></B></FONT><B><SPAN lang=EN-US style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">0.93%-1.11%</SPAN></B><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 宋体; mso-font-kerning: 0pt; mso-hide: all"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN lang=EN-US style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"><SPAN style="mso-spacerun: yes"> </SPAN><o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">上市审查费用<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">           </SPAN></SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">3                                                   </SPAN></B></FONT><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">0.16%-0.19%                                </SPAN></B></FONT><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">0.01%</SPAN></B><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: Arial; mso-bidi-font-family: 'Times New Roman'; mso-font-kerning: 0pt; mso-fareast-font-family: 楷体_GB2312; mso-hide: all"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 宋体; mso-hide: all"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">其他杂费<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">               </SPAN></SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">50                                                </SPAN></B></FONT><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">2.63%-3.2                                     </SPAN></B></FONT><B><SPAN lang=EN-US style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"><SPAN style="mso-spacerun: yes"> </SPAN></SPAN></B><FONT face="Times New Roman"><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial">0.19%</SPAN></B><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: Arial; mso-bidi-font-family: 'Times New Roman'; mso-font-kerning: 0pt; mso-fareast-font-family: 楷体_GB2312; mso-hide: all"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><B><SPAN lang=EN-US style="DISPLAY: none; FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 宋体; mso-hide: all"><o:p> </o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><B><SPAN style="FONT-SIZE: 9pt; COLOR: black; FONT-FAMILY: 宋体; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial">总计金额<SPAN lang=EN-US><SPAN style="mso-spacerun: yes">              </SPAN></SPAN></SPAN></B><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; mso-fareast-font-family: 楷体_GB2312; mso-hansi-font-family: Arial"><FONT face="Times New Roman">1300-1550<SPAN style="mso-spacerun: yes">                                       </SPAN></FONT></SPAN></B><B><SPAN lang=EN-US style="FONT-SIZE: 8pt; COLOR: black; FONT-FAMILY: 楷体_GB2312; mso-hansi-font-family: Arial">100%<SPAN style="mso-spacerun: yes">                   </SPAN>100%<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-ALIGN: left; mso-pagination: widow-orphan" align=left><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: 楷体_GB2312; mso-bidi-font-size: 8.0pt; mso-hansi-font-family: Arial"><o:p> </o:p></SPAN></P>

hongyuan

保荐费好像有点高吧？一般不是收200万吗？

foginwell

保健费过高
承销费过低
会计师律师过低
路演费用过高
杂费偏低

纳森

<P>各家投行的收费标准因谈判的情况会有所改变！</P>

swufeyhc

这个好像很不准确哦:)

brendawang

为什么看到的都是源代码，看不懂