Has not revealed its IPO size and price range in the prospectus, saying that financed capitals will be used to pay dividends to preferred shareholders and for general purpose.

但是，世纪佳缘尚未透露IPO发行数量和发行价格。公司将募集资金用于偿付优先股股东的未支付红利和一般性公司用途。

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That means the taxpayer would be the last one to lose money, because the non-preferred shareholders would take the first losses.

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The preferred shareholders simply do not receive a dividend for that period.

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Preferred shareholders should be able to exchange their paper for similar securities in these new entities, with warrants attached for conversion into common shares.

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