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Why didn't Luo Ming Science and Technology go public?
Wu Minghui, founder, chairman and CEO of Luo Ming Science and Technology Group, told the First Financial Reporter that the time spent in this round of financing has increased compared with previous rounds, mainly because the whole environment became cold last year, and investors were more cautious in investing in science and technology, artificial intelligence and other fields. In addition, Luo Ming, who has already raised funds to the E round, responded to the listing plan and said that "the current listing location has not yet been determined".

During the epidemic, the prosperity of online office, corporate services and other businesses prompted enterprises from all walks of life to accelerate the progress of digital transformation. At present, many companies in the industry emphasize the digital empowerment of enterprises. What is unique about Luo Ming? In this regard, Wu Minghui said that Luo Ming Science and Technology has expanded from the earliest online advertising monitoring business to the government and public services represented by public security, and then entered the offline service field, and has been looking for the second and third growth curves. While diversifying business operations, Luo Ming also needs to build its own core competitiveness, that is, the ability to build enterprise data centers. In the future, all products and services in Luo Ming will focus on this core competitiveness.