Financial Knowledge Sharing Issue 29: North Stock Exchange

Bovine spongiform encephalopathy. Also known as MAD COW DISEASE

China's first company stock exchange.

What is the North Exchange?

Beijing Stock Exchange was incorporated on September 3rd, 20021. The State Council approved the establishment of the first company-based stock exchange in China, which is supervised and managed by the China Securities Regulatory Commission.

Significance of establishment:

① Better support the development of small and medium-sized enterprises.

② Implement the national innovation-driven development strategy.

③ Important measures to comprehensively deepen capital market reform.

Basic conditions for listing

① After the public offering, the number of shareholders of the company shall be no less than 200, and the shareholding ratio of the public shall be 25% or 10%.

(2) After the public offering, the total share capital of the company shall not be less than 30 million yuan.

(3) Its net assets at the end of the most recent year are not less than 50 million yuan.

(4) The number of shares publicly issued shall not be less than 6,543.8+0,000 yuan, and the number of issuers shall not be less than 6,543.8+0,000 yuan.