1. The object of acquisition of listed companies is the abstract identification of shares that can represent the company's capital share;
2. The purpose of the acquisition of listed companies is to control the target company;
3. Other attributes.
legal ground
Article 120 of the Company Law of People's Republic of China (PRC)
A listed company as mentioned in this Law refers to a joint stock limited company whose shares are listed and traded on a stock exchange.
Article 12 1
If a municipal company purchases or sells major assets within one year or the amount of guarantee exceeds 30% of the company's total assets, it shall make a resolution at the shareholders' meeting, which shall be passed by more than two thirds of the voting rights held by the shareholders present at the meeting.
Article 122
A listed company shall set up independent directors, and the specific measures shall be formulated by the State Council.