1. The company form must be a joint-stock company, and a limited liability company is not eligible for listing;
2. The company must operate for more than 3 years, and there has been no change of directors and senior management personnel during this period. The company operates legally and complies with national laws and regulations;
3. The registered capital of a listed company should be true without false capital contribution, and there is no phenomenon of withdrawing capital contribution;
4. The registered capital of the company is not less than 30 million yuan, the publicly issued shares account for more than 65,438+0/4 of the total shares of the company, the total share capital is not less than 400 million yuan, and the publicly issued shares are not less than 65,438+00%;
5. The company should have a sound and well-run organization;
6. The company must have sustainable profitability and good financial status;
7. There are no false records in the financial accounting documents in the last three years, and there are no other major illegal acts;
8. The shares of the Company held by the promoters shall not be transferred within one year from the date of establishment of the Company;
9. The company's shares must be listed and traded on the stock exchange;
10. Meet other conditions stipulated by the State Council securities regulatory authority.
Financial audit requirements before the company goes public:
1. The financial accounting report shall be true, accurate and complete, and there shall be no false records;
2. The financial statements of the last three years shall be audited by an accounting firm, and a standard unqualified audit report shall be issued;
3. The financial statements shall meet the requirements of national laws and regulations and relevant financial accounting standards;
4. The internal control system of the company needs to be improved, and the financial management and operation system needs to be improved;
5. The company should have the ability to make profits continuously in the last three years;
6. The company's capital operation is legal and compliant, and there are no major violations of laws and regulations;
7. Financial and accounting reports shall be publicly disclosed within the specified time for investors to consult.
To sum up, a company needs to meet a series of conditions to go public, including company form, operating time, registered capital, share ratio, organization, profitability, financial status and so on.
Legal basis:
People's Republic of China (PRC) Securities Law
Article 50
A joint stock limited company applying for stock listing shall meet the following conditions:
(a) approved by the the State Council securities regulatory authority for public offering.
(2) The total share capital of the company is not less than 30 million yuan;
(3) The publicly issued shares account for more than 25% of the total shares of the company; If the company's total share capital exceeds 400 million yuan, the proportion of publicly issued shares is more than 10%;
(4) The company has no major illegal acts in the last three years, and its financial and accounting reports have no false records.
A stock exchange may prescribe listing conditions higher than those prescribed in the preceding paragraph, and report them to the the State Council securities regulatory authority for approval.