一、资本市场与企业发展历经20多年的发展,中国资本市场取得了举世瞩目的成就,沪深两市已成为全球第二大市值市场,中国已成为名副其实的资本大国。可以说,一个企业与资本市场共舞的新时代已经到来,我们要学会用市场的标准重新估量企业现在和未来的价值。以一个形象的说法来说明上市前后公司在价值判断、融资时的巨大差异。没上市时,银行用“净资产”的概念来衡量一 I. Capital Market and Enterprise Development After more than 20 years of development, China’s capital market has made remarkable achievements. Shanghai and Shenzhen have become the second largest market capitalization in the world. China has become a veritable capital power. It can be said that a new era in which an enterprise and the capital market are dancing has come and we must learn to revalue the present and future value of the enterprise with market standards. To an image to illustrate the company before and after the listing of value judgments, financing a huge difference. When not listed, banks use the concept of “net assets ” to measure one