What's the difference between "private enterprises" and "listed enterprises"?

Private enterprises refer to profit-making economic organizations established or controlled by natural persons and based on wage labor. Including private limited liability companies, private joint-stock companies, private partnerships and private enterprises registered in accordance with the Company Law, the Partnership Law and the Provisional Regulations on Private Enterprises.

2.？ The characteristics of private enterprises are:

A. the assets of private enterprises are privately owned.

B. there is an employment relationship in private enterprises.

C. private enterprises are profit-making economic organizations. As a kind of private investment and workers' labor, it independently conducts commodity economic activities and is a profit-making economic organization.

3.？ A listed company refers to a joint stock limited company whose shares are listed and traded on the stock exchange with the approval of the securities administration department authorized by the State Council or the State Council.

4.？ The characteristics of listed companies are as follows:

A. the listed enterprise is a joint stock limited company. A company limited by shares may be an unlisted enterprise, but a listed enterprise must be a company limited by shares.

B. A listed company must be approved by the competent government department. According to the Company Law, a joint stock limited company must be approved by the securities management department authorized by the State Council or the State Council, and may not be listed without approval.

C. the stocks issued by listed companies are traded on the stock exchange. The issued shares are not traded on the stock exchange, but they are not listed.

All non-public enterprises are collectively referred to as private enterprises. In the Company Law, enterprises are classified according to their forms of capital organization, mainly including: wholly state-owned, state-holding companies, limited liability companies, joint stock limited companies (also divided into listed companies and unlisted companies), partnerships and sole proprietorship enterprises. According to the above definition of the connotation of private enterprises, except state-owned enterprises and state-controlled enterprises, all other enterprises are private enterprises as long as they have no state-owned capital.

The so-called unlisted company refers to a joint stock limited company whose shares are not listed and traded on the stock exchange. A listed company is a joint stock limited company, which must meet certain conditions besides being approved to be listed and traded on the stock exchange.