What is the nature of other branches (listing)?

It means that the company is not a state-owned enterprise, and the state-owned enterprise is called "joint stock limited company (listed, state-controlled)". The term "other" means that it does not belong to any kind of foreign capital, state-owned or private holding. Maybe the equity is dispersed.

A joint-stock company refers to a company with shares as its capital, and its shareholders are liable to the company to the extent of the subscribed shares, which was born in Europe in the18th century.

There must be a shareholders' meeting, a board of directors, a board of supervisors and other institutions to implement internal management and represent the company externally. These institutions are the general meeting of shareholders, the board of directors, the board of supervisors and the manager.

Extended data

A company limited by shares has the following characteristics:

(1) Limited by Share Ltd is an independent Economic legal;

(2) The number of shareholders of a joint stock limited company shall not be less than the quorum. For example,

(3) Shareholders of a joint stock limited company shall bear limited liability for the debts of the company,

(4) All the capital of a joint stock limited company is divided into equal shares, and funds are raised through public offering. Anyone can become a shareholder of the company after paying the shares.

(5) The shares of the company can be freely transferred.

(6) The company's accounts must be made public to let investors know about the company.

(7) There are strict legal procedures for the establishment and dissolution of the company, and the procedures are complicated.

It can be seen that a joint stock limited company is a typical "joint venture company". Whether a person can become a shareholder of a company depends on whether he has paid the shares and bought the shares, not on his personal relationship with other shareholders. Therefore, a joint stock limited company can quickly, extensively and massively concentrate its funds.

At the same time, we can also see that although the capital of unlimited liability companies, limited liability companies and joint-stock companies is also divided into shares, these companies do not publicly issue shares, and their shares cannot be freely transferred. The stocks issued and circulated in the securities market are all issued by joint-stock companies. Therefore, a narrow joint-stock company refers to a joint-stock company.