Q: Is it necessary for a listed foreign-invested joint stock limited company to report to the Ministry of Commerce for approval if it intends to issue shares privately?

According to No.2 (5) of Notice of Ministry of Foreign Trade and Economic Cooperation and China Securities Regulatory Commission on Printing and Distributing Several Opinions on Foreign Investment of Listed Companies (No.538 of Foreign Trade and Economic Cooperation [20065438+0]), a foreign-invested joint stock limited company shall go through the formalities for changing legal documents with the Ministry of Foreign Trade and Economic Cooperation after issuing shares for the first time, issuing additional shares or placing shares; In addition, according to this regulation, the proportion of foreign shares of a joint stock limited company after its initial listing is not less than 65,438+00%, which means that all foreign shares not less than 65,438+00% must abide by this regulation. Therefore, I personally think it is necessary to report to the commercial department for approval. View original post >>

Please accept it, thank you!