The condition for listing of China Company is that it is approved by the State Council Securities Regulatory Authority to publicly issue shares, and the proportion of publicly issued shares is above 10%. According to relevant laws and regulations, only joint-stock limited liability companies are eligible for listing.
Legal objectivity:
Article 50 of the Securities Law of People's Republic of China (PRC) * * * A joint stock limited company applying for listing its shares shall meet the following conditions: (1) The shares have been publicly issued with the approval of the securities regulatory authority in the State Council; (2) The total share capital of the company is not less than 30 million yuan; (3) The publicly issued shares 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 publicly issued shares is more than 10%; (4) The company has no major illegal acts in the last three years, and its financial and accounting reports have no false records. A stock exchange may prescribe listing conditions higher than those prescribed in the preceding paragraph, and report them to the the State Council securities regulatory authority for approval.