How does a company limited by shares issue new shares?

Legal analysis: the conditions for a joint stock limited company to issue new shares are: 1, and the previously issued shares have been fully raised, and the interval is more than 1 year; 2. The company has made continuous profits in the last three years and can pay dividends to shareholders; 3. There are no false records in the financial accounting documents of the company in the last three years; 4. The expected profit rate of the company can reach the bank deposit interest rate in the same period.

Legal basis: Article 13 of the Securities Law of People's Republic of China (PRC). When a company publicly issues new shares, it shall submit an application for issuance and the following documents: (1) the company's business license; (2) Articles of association; (3) resolutions of the shareholders' meeting. (4) the prospectus or other public offering documents. (5) Financial and accounting reports. (6) The name and address of the bank that collects the shares. Where a sponsor is hired in accordance with the provisions of this law, a letter of recommendation for issuance issued by the sponsor shall also be submitted. In case of underwriting in accordance with the provisions of this Law, the name of the underwriting institution and relevant agreements shall also be submitted.