The initial public offering, referred to as IPO, refers to the first time a company sells its shares to the public. The review process of the initial public offering is divided into acceptance meetings, any feedback will be disclosed in advance, the preliminary review meeting, the closing meeting, and the issuance of matters after the review meeting. Different departments are responsible for the main links, which cooperate and restrict each other.

It is Beijing ByteDance Technology Co., Ltd., which is preparing for an initial public offering.