1. A joint stock limited company applying for stock listing shall meet the following conditions:
(a) approved by the the State Council securities regulatory authority for public offering.
(2) The total share capital of the company is not less than 30 million yuan; Note that it is the total share capital, not the net assets.
(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%; That is, the public offering of shares is required to reach a certain proportion.
(4) The company has no major illegal acts in the last three years, and there is no false record in the financial accounting report, which requires the company to be relatively honest.
2. To apply for stock listing, the following documents shall be submitted to the stock exchange:
(a) listing report;
(2) the resolution of the shareholders' meeting to apply for stock listing;
(3) Articles of association;
(4) Business license of the company;
(five) the financial statements of the company in the last three years audited by an accounting firm according to law;
(6) Legal opinions and letters of recommendation for listing; When applying for listing and trading of stocks, corporate bonds convertible into stocks or other securities subject to the recommendation system as stipulated by laws and administrative regulations, an institution with the recommendation qualification shall be employed as a sponsor.
(7) The latest prospectus;
(8) Other documents stipulated in the listing rules of stock exchanges.
3. Listing announcement
After the application for stock listing is examined and approved by the stock exchange, the company that signed the listing agreement shall announce the relevant documents for stock listing within the prescribed time limit, and place the documents in the designated place for public inspection. The following matters shall also be announced: the date when the shares are allowed to trade in the stock exchange; List of the top ten shareholders who hold the most shares of the company and the amount of shares held; The actual controller of the company; Names of directors, supervisors and senior managers and their holdings of company stocks and bonds.
Four. Suspension and termination of listing transactions
Under any of the following circumstances, the stock exchange decides to suspend the listing of a listed company: the total share capital and equity distribution of the company have changed and no longer meet the listing conditions; The company fails to disclose its financial status as required, or makes false records in its financial and accounting reports, which may mislead investors; The company has committed major illegal acts; The company has suffered continuous losses in the last three years; Other circumstances stipulated in the listing rules of the stock exchange.
In any of the following circumstances, the stock exchange will decide to terminate its stock listing: the total share capital and equity distribution of the company have changed, and they no longer meet the listing conditions within the time limit specified by the stock exchange; The company fails to disclose its financial status as required, or makes false records in its financial and accounting reports and refuses to make corrections; The company has suffered losses continuously in the last three years, and failed to turn losses into profits in the following year; The company is dissolved or declared bankrupt; Other circumstances stipulated in the listing rules of the stock exchange.
If you are dissatisfied with the decision made by the stock exchange not to list, suspend listing or terminate listing, you may apply to the review institution established by the stock exchange for review.
At the same time, it should be noted that domestic enterprises must directly or indirectly issue securities abroad or list and trade their securities abroad, and must obtain the approval of the the State Council Securities Regulatory Authority in accordance with the provisions of the State Council.