1. The difference between listing and not listing is as follows:
(1) has different properties. A listed company is a joint stock limited company authorized by the state to publicly issue shares. Unlisted company refers to a joint stock limited company whose shares are not listed and traded on the stock exchange;
(2) Different financing channels. Listed companies can trade in the secondary market, but financing is relatively simple. Unlisted companies cannot trade in the secondary market, and there are few financing channels;
(3) Different decision makers. The relevant decisions of listed companies need to be approved by the shareholders' meeting, while the equity of non-listed companies is mainly concentrated in the hands of some executives.
2. Legal basis: Article 120 of People's Republic of China (PRC) Company Law.
Definition of a listed company 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.
2. What are the basic conditions for a company to go public?
The basic conditions for a company to go public include:
1. The company's shares must be approved by the securities management department of the State Council and have been publicly issued to the public;
2. The total share capital of the company shall be no less than RMB 50 million;
3. The company's opening time must be more than three years, and it needs to be profitable continuously in the last three years;
4. The company's financial and accounting reports in the last three years have no false records or bad records, and the company has no major illegal acts in the last three years;
5. The number of shareholders holding shares with a face value of more than RMB 65,438+0,000 yuan shall not be less than 65,438+0,000.