Is there a requirement for the number of employees when the company goes public?

Legal analysis: the company's listing requires the number of shareholders, and the establishment of the company is funded by shareholders of less than 50. There are no requirements for employees, but the internal control is strict, and all employees must sign labor contracts. Comply with labor and employment laws and regulations. When applying for listing, the number of employees and changes of the company and its subsidiaries in the last three years will be disclosed in the prospectus, which generally increases or stabilizes year by year. If the number of employees is greatly reduced, it is best to have a reasonable explanation.

Legal basis: People's Republic of China (PRC) Company Law.

Article 24 A limited liability company shall be established by capital contribution of shareholders with less than 50 persons.

Article 141 The shares of the Company held by promoters shall not be transferred within one year from the date of establishment of the Company. Shares issued before the public offering of shares by the company shall not be transferred within one year from the date of listing and trading of the company's shares on the stock exchange. The directors, supervisors and senior managers of the company shall report to the company the shares they hold and their changes, and the shares transferred each year during their term of office shall not exceed 25% of the total shares they hold; The shares held by the company shall not be transferred within one year from the date of listing and trading of the company's shares. The above-mentioned personnel shall not transfer their shares in the company within six months after leaving the company. The articles of association may make other restrictive provisions on the transfer of shares held by directors, supervisors and senior managers of the company.