1. The profit in the last three fiscal years is not less than 50 million Hong Kong dollars (the profit in the last year is not less than 20 million Hong Kong dollars, and the accumulated profit in the previous two years is not less than 30 million Hong Kong dollars), and the profit is not less than 200 million Hong Kong dollars according to the market value at the time of listing.
2. Its market value reached at least HK$ 4 billion at the time of listing, and its income in the latest audited fiscal year was at least HK$ 500 million.
3. The market value reached at least HK$ 2 billion at the time of listing, the income in the latest audited fiscal year was at least HK$ 500 million, and the total cash inflow from business operations in the first three fiscal years was at least HK$ 654.38 billion.
4. The market value of the new applicant and the market value of the shares held by the public when the securities are listed shall be at least HK$ 50 million.
5. Public shareholding must account for at least 25% of the issued share capital of the issuer.
6. At least 300 public shareholders hold relevant securities, and the shareholding ratio of three public shareholders shall not exceed 50% of the shareholding ratio of public shareholders when the securities are listed.
7. Other conditions stipulated by the Exchange.
I. Main Board Sales Market in Hong Kong:
1. financial regulations: according to the requirements of relevant departments, the company shall make a profit of at least HK$ 50 million in the first three fiscal years of listing (at least HK$ 20 million in the latest year, at least HK$ 30 million in the first five years, and at least HK$ 2 billion in market value;
2. Accounting Standards for Business Enterprises: Accounting standards for business enterprises are Hong Kong Financial Reporting Standards or International Financial Reporting Standards. Companies engaged in banking business must also follow the financial information published by local institutions that apply to the Hong Kong Monetary Authority for registration and recognition;
3. Operating records and senior management: the senior management will probably remain unchanged in the first three fiscal years or so, and at least the ownership and decision-making power in the latest audit year will probably remain unchanged;
4. Minimum market value: when the new applicant goes public, the market value of the certificate is at least HK$ 500 million;
5. Market value of Volkswagen's shareholding: When the new certificate is listed, the market value of Volkswagen's shareholding is at least HK$ 250 million.
2. Growth Enterprise Market in Hong Kong:
1. financial regulations: according to the requirements, applicants for the growth enterprise market must have operating records of not less than two fiscal years, including capital injection for daily operations. Before listing, the accumulated amount in two fiscal years should reach at least HK$ 20 million, and the market value at the time of listing should reach at least HK$ 654.38+0 billion;
2. Accounting standards for business enterprises: Accounting standards for business enterprises are Hong Kong financial reporting rules or international financial reporting rules, and companies engaged in banking business must also follow the financial information published by local institutions that apply to the Hong Kong Monetary Authority for registration and recognition;
3. Business records and executives: new applicants need to have business records for two fiscal years, with executives unchanged in the last two fiscal years and ownership and decision-making power unchanged in one fiscal year;
4. Minimum market value: when the new applicant goes public, the market value of the certificate is at least HK$ 654.38 billion;
5. Market value of Volkswagen's shareholding: When the new certificate is listed, the market value of Volkswagen's shareholding is at least HK$ 30 million.