Is it necessary for a company to make a profit for three years before going public?

We now know that a joint stock limited company must meet the following conditions when applying for stock listing:

1. With the approval of the securities management department of the State Council, the stock has been publicly issued to the public.

2. The total share capital of the company is not less than RMB 30 million.

3. It has been in business for more than 3 years, and it has been profitable continuously for the last 3 years; If the original state-owned enterprise is established after being rebuilt according to law, or if it is newly established after the implementation of this law, and its main sponsors are large and medium-sized state-owned enterprises, it can be counted continuously.

4. The number of shareholders holding shares with a face value of more than RMB 65,438+0,000 is not less than 65,438+0,000, and the shares publicly issued to the public account for more than 25% of the total shares of the company; If the company's total share capital exceeds RMB 1 100 million yuan, the proportion of shares issued to the public exceeds 15%.

5. The company has no major illegal acts in the last three years, and its financial and accounting reports have no false records.

6. Other conditions stipulated by the State Council.

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If you have any questions about the company's listing requirements, you can click the online consultation button below to talk to the teacher directly.