Can not be directly listed, must be reformed through the shareholding system, successfully listed on the exchange, in order to become a listed company.
Conditions for listing of a joint stock limited company:
According to the Company Law of China, a company limited by shares must meet the following conditions when applying for stock listing:
1. With the approval of the State Council securities management department, the stock has been publicly issued to the public;
2. The total share capital of the company is not less than RMB 50 million;
3. It has been in business for more than three years and has been making profits continuously in the last three years; The original state-owned enterprises were established after being rebuilt according to law, and the main sponsors are large and medium-sized state-owned enterprises, which can be calculated continuously;
4. The number of shareholders holding shares with a face value of more than RMB 65,438+0,000 is not less than 65,438+0,000, and the shares publicly issued to the public 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 its shares issued to the public is more than 15%;
5. The company has no major illegal acts in the last three years, and its financial and accounting reports have no false records;
6. Other conditions stipulated by the State Council.
Meet the above conditions, you can apply to the the State Council Securities Management Audit Department and the Exchange for listing.
The stock exchanges approved by the State Council include Shanghai Stock Exchange, Shenzhen Stock Exchange and Small and Medium Share Transfer System. A listed company refers to a joint stock limited company that is listed on the Shanghai and Shenzhen stock exchanges and issues shares.
Each shareholder of a limited liability company shall bear limited liability to the company with the amount of capital contribution subscribed, and the company as a legal person shall bear full responsibility for the company's debts with all its assets. Can not be directly listed, must be reformed through the shareholding system, successfully listed on the exchange, in order to become a listed company.