What is the basic process of rights issue for listed companies?

The conditions for the rights issue of listed companies are:

1, and the time interval from the previous stock issuance is not less than 12 months;

2. The company has been profitable for two consecutive years;

3, nearly three years without major violations;

4. Other statutory conditions for the rights issue of listed companies.

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 14 1

The shares of the company held by the 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.

Article 144

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