(1) If the market maker is a state-controlled securities company, it shall transfer 10% of the state-owned shares actually issued at the time of initial public offering to the social security fund according to the Notice of the Social Security Fund of the State-owned Assets Supervision and Administration Commission of the Ministry of Finance on Printing and Distributing the Implementation Measures for Transferring Part of the State-owned Shares in the Domestic Securities Market to Enrich the National Social Security Fund (Caiqi [2009] No.94).
(2) If the holding platforms such as trust plans, contractual funds and asset management plans are shareholders of the company to be listed, during the IPO review process, the rights and interests may change due to the expiration of the duration, which may affect the stability of rights and interests. Therefore, when introducing such platform shareholders, listed companies should make prudent decisions on the basis of considering the clarity and stability of equity.
(3) After listing, a new three-board company with more than 200 shareholders can directly apply for IPO through public transfer, without violating relevant prohibitions; If there are more than 200 shareholders through non-public offering, according to the Measures for the Supervision and Administration of Unlisted Public Companies, the non-public offering should be approved by the CSRC first, and its compliance has been audited during the non-public offering, so you can directly apply for IPO.
For more IPO questions about the listing of the New Third Board, please contact the IPO customs clearance training camp.