What are the conditions for the rights issue of listed companies?

The condition for a listed company to issue shares is that it has been one year since the last issue of shares and the total number of shares issued this time does not exceed 30% of the original company. According to relevant laws and regulations, only joint-stock companies can go public. Limited companies cannot be listed.

legal ground

Article 144 of the Company Law

The shares of listed companies shall be listed and traded in accordance with relevant laws, administrative regulations and trading rules of stock exchanges.

Article 145

A listed company must disclose its financial status, business operations and major lawsuits in accordance with the provisions of laws and administrative regulations, and publish its financial and accounting reports every six months in each fiscal year.

Article 143

If the registered shares are stolen, lost or destroyed, the shareholders may request the people's court to declare the shares invalid in accordance with the public notice procedure stipulated in the Civil Procedure Law of People's Republic of China (PRC). After the people's court declares the stock invalid, shareholders may apply to the company for a replacement stock.