Listed companies trading with Russia

There are about ten listed companies that trade with Russia. Among them, Zhongcheng and Kuaiyi Elevator intend to set up subsidiaries in Russia; China Nuclear Power, Zhongman Petroleum signed several contracts with Russian companies; Zhongsheng Pharmaceutical, Taiji Group, Kailitai, Luoyang Molybdenum, etc. have obtained relevant patents, approvals or access from Russia; Angel Yeast plans to expand its production line in Russia; Yueling shares took the Russian subsidiary in advance.

A listed company is a specific part of a joint stock limited company. It publicly issues shares, reaching a considerable scale, and its shares are approved by law to enter the centralized securities trading market for trading. A joint stock limited company shall submit relevant documents to the stock exchange when applying for listing and trading of its shares. A stock exchange shall decide whether to accept the listing and trading of its shares in accordance with this Law and relevant laws and administrative regulations.

according to article 5 of China's securities law, a joint stock limited company applying for listing its shares must meet the following conditions: 1. The shares have been publicly issued with the approval of the the State Council securities regulatory authority;

2. The total share capital of the company is not less than RMB 3 million;

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 4 million yuan, the proportion of publicly issued shares is more than 1%;

iv. the company has not committed any major illegal acts in the last three years, and its financial and accounting reports have no false records;

5. A stock exchange may stipulate conditions higher than those stipulated in the preceding paragraph and report them to the the State Council securities regulatory authority for approval.

a listed company must regularly disclose its financial status and operation in accordance with the provisions of laws and administrative regulations, and publish its financial and accounting reports once every half year. The above conditions are to make listed companies have high quality, large scale, reasonable distribution of equity, form a certain transaction volume and form a good reputation among investors.