Its shares are publicly issued to the public with the approval of the securities management department of the State Council. The company's total share capital is not less than RMB 50 million, it has been in business for more than three years, and it has been profitable continuously for the last three years. If the original state-owned enterprise is established after being rebuilt according to law, or newly established after the implementation of the Company Law, and its main sponsors are large and medium-sized state-owned enterprises, it can be counted continuously, and the number of shareholders holding shares with a face value of more than 1,000 yuan is not less than 1,000. If the shares issued to the public account for more than 25% of the total shares of the company, and the company's share capital exceeds 400 million yuan, the proportion of shares issued to the public is more than 15%.
Shandong Mining Machinery Group Co., Ltd. was established in 1955, with 22 holding subsidiaries and Sun Company. It was listed on the Shenzhen Stock Exchange on 20 10, 12 and 17. By the end of 20 19, the company had total assets of 3.4 billion yuan, covering an area of 1000 mu and employees.