Is the holding company really a listed company?
The holding company is not necessarily a listed company. Listed companies are generally joint-stock companies, and holding companies can be joint-stock companies or limited liability companies; As long as the shareholding ratio is enough to affect the resolution of the shareholders' meeting of the company it controls. Article 23 of People's Republic of China (PRC) Company Law The establishment of a limited liability company shall meet the following conditions: (1) The number of shareholders shall meet the quorum; (2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association; (3) Shareholders * * * agree to formulate the Articles of Association; (4) Having a company name and establishing an organization meeting the requirements of a limited liability company; (5) Having a company domicile. Article 216 The meanings of the following terms in this Law: (2) Controlling shareholders refer to shareholders whose capital contribution of a limited liability company accounts for more than 50% of the company's total capital or whose shares of a joint stock limited company account for more than 50% of the company's total share capital; Although the capital contribution or the proportion of shares held is less than 50%, but according to their capital contribution or shares held, shareholders have enough voting rights to the shareholders' meeting and the resolutions of the shareholders' meeting.