1, a joint-stock company;
2, operating for more than 3 years;
3. There is no major illegal act in the last three years, and there is no false record in the financial accounting report;
4. The registered capital is at least 30 million yuan, the publicly issued shares exceed 65,438+0/4 of the total shares of the company, the total share capital is at least 400 million yuan, and the publicly issued shares exceed 65,438+00%;
5. The ratio of assets in the latest period to net assets exceeds 20%. A listed company shall set up independent directors, and the specific measures shall be formulated by the State Council.
Legal basis: Securities Law of People's Republic of China (PRC).
Article 46 An application for listing of securities shall be submitted to the stock exchange, which shall examine and approve it according to law, and both parties shall sign a listing agreement.
The stock exchange arranges the listing and trading of government bonds according to the decision of the department authorized by the State Council.
Article 47 An application for listing securities shall meet the listing conditions stipulated in the listing rules of stock exchanges.
The listing conditions stipulated in the listing rules of a stock exchange shall require the issuer's operating years, financial status, minimum public offering ratio, corporate governance and credit record, etc.
Article 48 Where the listing of securities is terminated in accordance with the provisions of the stock exchange, the stock exchange shall terminate its listing in accordance with its business rules.
Where a stock exchange decides to terminate the listing and trading of securities, it shall make a timely announcement and report it to the the State Council securities regulatory authority for the record.
Article 49 Anyone who refuses to accept the decision made by the stock exchange not to be listed or to terminate the listing transaction may apply to the review institution established by the stock exchange for review.