A limited liability company cannot be a listed company. A listed company refers to a joint stock limited company whose shares are listed and traded on a stock exchange. According to the relevant laws and regulations, a limited liability company must be restructured into a joint stock limited company if it wants to go public.
Legal objectivity:
Article 23 of the Company Law The establishment of a limited liability company shall meet the following conditions: (1) The number of shareholders shall reach a quorum; (2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association; (3) Shareholders * * * agree to formulate the Articles of Association; (4) Having a company name and establishing an organization meeting the requirements of a limited liability company; (5) Having a company domicile. Article 24 A limited liability company shall be established by capital contribution of shareholders with less than 50 persons. Article 120 A listed company as mentioned in this Law refers to a joint stock limited company whose shares are listed and traded on a stock exchange.