According to the inquiry, Honglinghui Investment International Holding Group Co., Ltd. is still a limited liability company, not a joint-stock company. A limited liability company cannot be listed, and it needs to be changed into a joint-stock company before it can be listed. Limited liability companies are different from listed companies. Listed companies can only be joint-stock companies, and joint-stock companies cannot be listed.
The popular meaning of listing is to issue shares. After the company goes public, investors can buy and sell stocks on the stock exchange. At present, there are two exchanges in China, Shanghai and Shenzhen, and there are two kinds of domestic listing: approval system and registration system. The stock listing in Shanghai and Shenzhen is subject to the approval system (Shanghai stock code starts with 60, Shenzhen stock code starts with 00).