Article 50 of the Securities Law A joint stock limited company applying for listing its shares 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;
(3) The publicly issued shares account for more than 25% of the total shares of the company; The company's total share capital exceeds 400 million yuan, and the proportion of publicly issued shares exceeds10%;
(4) The company has no major illegal acts in the last three years, and its financial and accounting reports have no false records.