What conditions do listed companies need to have before they can go public?

The listing requirements of listed companies are as follows:

1. With the approval of the State Council Securities Regulatory Authority, the stock has been publicly issued to the public;

2. The total share capital of the company is not less than RMB 30 million;

3. It has been in business for more than three years and has been making profits continuously in the last three years; If the original state-owned enterprise is established after being rebuilt according to law, or if it is newly established after the implementation of this law, and its main sponsors are large and medium-sized state-owned enterprises, it can be counted continuously;

4. The number of shareholders holding shares with a face value of more than RMB 1000 yuan is not less than 1000, and the shares publicly issued to the public 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 its shares issued to the public exceeds10%;

5. The company has no major illegal acts in the last three years, and its financial and accounting reports have no false records;

6. Other conditions stipulated by the State Council.

Extended data:

The Special Provisions of People's Republic of China (PRC) Company Law on the Organization of Listed Companies;

1. A listed company mentioned in this Law refers to a joint stock limited company whose shares are listed and traded on a stock exchange;

2. If a listed company purchases or sells major assets within one year or the amount of guarantee exceeds 30% of the company's total assets, it shall make a resolution at the shareholders' meeting, which shall be passed by more than two-thirds of the voting rights held by the shareholders present at the meeting;

3. A listed company shall have independent directors, and the specific measures shall be formulated by the State Council;

4. A listed company shall set up a secretary of the board of directors, who shall be responsible for the preparation, document keeping, information management and information disclosure of shareholders of the company.

5、? Where a director of a listed company is related to the enterprise involved in the resolution of the board of directors, he shall not exercise the right to vote on the resolution, nor shall he exercise the right to vote on behalf of other directors.

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