What are the requirements for listing a "limited liability company"?

According to the provisions of the current Securities Law, only joint stock limited companies that meet certain conditions can apply for listing, so limited liability companies cannot go public. A limited liability company must change its corporate form, that is, from a limited liability company to a joint stock limited company before it can apply for listing. Of course, the conversion conditions of this company form are very harsh, and the minority shareholders of a limited company can generally consult the company's accounts, and the company can of course refuse according to the provisions of the company law.

The procedure for changing a limited liability company into a joint stock limited company is as follows:

(a) to apply to the relevant government departments for the change of a limited liability company into a joint stock limited company, and obtain approval;

(2) Shareholders of the original limited liability company, as promoters of the proposed joint stock limited company, invest their net assets in the proposed joint stock limited company according to the ratio of 1: 1;

(3) A capital verification report issued by an accounting firm;

(4) To formulate the articles of association of the company and convene the founding meeting;

(5) Within 30 days after the founding meeting, the board of directors of the company shall apply to the company registration authority for registration of establishment;

(6) make an announcement in the media.

Only when it is changed into a company limited by shares can it be listed.