1. Conditions for listing of the company. The listing of a company must meet all and indispensable conditions as follows:
1. With the approval of the securities management department of the State Council, publicly issue shares to the public;
2. The total share capital of the company is not less than RMB 50 million;
3. It has been in business for more than three years and has been making profits continuously in the last three years;
4. The number of shareholders holding shares with a face value of more than RMB 1000 yuan is not less than 1000, and the shares publicly issued to the public account for more than 25% of the total shares of the company; If the company's share capital exceeds 400 million yuan, its public offering ratio is more than 15%;
5. The company has no major illegal acts in the last three years, and its financial and accounting reports have no false records;
2. The listing process of the company is as follows:
1. Prepare the listing plan and feasibility report of the company.
2. Hire lawyers to intervene and improve the legal documents related to company management for the company, improve the organization of the company according to the provisions of the Company Law, and plan to write and sort out the legal documents related to company listing.
3. Hire certified public accountants to participate in the company's listing audit, and improve the financial statements and original vouchers. 4. Hire brokers for listing counseling and recommendation.
5. Lawyers shall issue legal opinions and relevant legal documents for listing, and report them to the CSRC for approval.
6. recognition.
7. List.
8. Financial audit of listed companies by certified public accountants for three years after listing.
At present, good companies basically do not need financing to go public, and the market capital is abundant. Unfortunately, there are few excellent projects, and many fund-raising listings are almost digested by internal employees. There are also requirements for raising funds for listing.
Article 13 A company that publicly issues new shares shall meet the following conditions
(1) Having a sound organizational structure;
(2) It is profitable continuously and in good financial condition;
(3) There are no false records in the financial accounting documents in the last three years, and there are no other major illegal acts;
(4) Other conditions as stipulated by the the State Council Securities Regulatory Authority approved by the State Council.