From 20 1 1, the State Council clearly proposed to build a multi-level capital trading market with the framework of a primary main board, a small and medium-sized board, a secondary growth enterprise market, a third-level national share transfer system for small and medium-sized enterprises (the New Third Board) and a fourth-level regional equity trading market.
Extended data
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;
(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%;
(4) The company has no major illegal acts or false records within three years.
A stock exchange may prescribe listing conditions higher than those prescribed in the preceding paragraph, and report them to the the State Council securities regulatory authority for approval.
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