Does it affect the company's application for listing if employees sue the company in the people's court?

Legal analysis: There are many labor contract disputes, which have an impact on listed companies and will affect their image in the public. The public may think that listed companies exploit workers and may even seriously affect the stock price.

Legal basis: People's Republic of China (PRC) Labor Dispute Mediation and Arbitration Law.

Article 2 This Law shall apply to the following labor disputes between employers and employees in People's Republic of China (PRC):

(1) Disputes arising from the confirmation of labor relations

(2) Disputes arising from the conclusion, performance, alteration, dissolution and termination of labor contracts.

(3) Disputes arising from delisting, dismissal, resignation and resignation.

(four) disputes arising from working hours, rest and vacation, social insurance, welfare, training, labor protection, etc.

(five) disputes arising from labor remuneration, medical expenses for work-related injuries, economic compensation or compensation.

(six) other labor disputes as prescribed by laws and regulations.

Article 5 In the event of a labor dispute, if the parties are unwilling to negotiate, fail to negotiate or fail to perform after reaching a settlement agreement, they may apply to a mediation organization for mediation. Unwilling to mediate, failing to mediate or failing to perform after reaching a mediation agreement, you may apply to the Labor Dispute Arbitration Committee for arbitration. Anyone who refuses to accept the arbitration award may bring a lawsuit to the people's court, unless otherwise provided for in this Law.