Can a wholly foreign-owned enterprise be listed in China?

In theory, this is suitable for foreign-funded enterprises that have been operating in the mainland for many years and have a harmonious relationship with local governments and even the central government. However, at present, there are very few directly listed wholly foreign-owned companies in Shenzhen and Shanghai, and only Min Kun Can B and Shenzhen Datong A belong to this category (at present, both of them have joined the delisting ranks).

At present, it has been rumored that the Shanghai Stock Exchange intends to introduce the international board for many days, but the launch date is still uncertain. Therefore, if your company intends to go public, it is suggested to set up a joint venture company through restructuring or change it into a foreign-invested joint stock limited company as a whole, and then apply for listing in China. As long as it conforms to the national industrial policy, foreign-funded enterprises can choose this method. From 1993 to now, many foreign-funded enterprises have successfully listed through this model and become the mainstream of foreign-funded enterprises' listing; In addition, listing can be achieved through the mode of foreign capital acquiring shares of domestic listed companies to become major shareholders and listed companies to become joint-stock companies, with higher listing costs and greater risks. It should be determined according to the actual situation of your company.

Because listing planning is a strategic decision of an enterprise, it is suggested to entrust a professional securities lawyer to solve it. If necessary, please make an appointment by phone in advance so as to answer questions on the spot.