According to the provisions of the first paragraph of Article 16 of the Securities Law, taking the issuance of bonds as an example, the financing requirements of listed companies are as follows:
1. The assets of a joint stock limited company shall not be less than 30 million yuan, and the net assets of a limited liability company shall not be less than 60 million yuan;
2. The accumulated bond balance shall not exceed 40% of the company's net assets;
3. The average distributable profit in the last three years is enough to pay the interest of corporate bonds for one year;
4. The investment of raised funds conforms to the national industrial policy;
5. The bond interest rate shall not exceed the interest rate level stipulated by the State Council;
6. Other conditions stipulated by the State Council.
Legal objectivity:
securities laws
Article 16
The public offering of corporate bonds shall meet the following conditions:
(a) the net assets of a joint stock limited company are not less than 30 million yuan, and the net assets of a limited liability company are not less than 60 million yuan;
(2) The accumulated bond balance does not exceed 40% of the company's net assets;
(3) The average distributable profit in the last three years is enough to pay the interest of corporate bonds for one year;
(4) The investment of the raised funds conforms to the national industrial policy;
(5) The bond interest rate shall not exceed the interest rate level stipulated by the State Council;
(six) other conditions stipulated by the State Council.