(1) Operating record: On the whole, the company applying for listing should have been established or engaged in the main business for more than 5 years, with a stable business foundation and good development prospects;
(2) Capital amount: The par value of ordinary shares actually issued by the listing applicant company should be 50 million yuan;
(3) Stock market price: the average closing price of the shares of the listed applicant company in the last six months should be higher than its face value10%;
(4) Capital structure: The after-tax net assets of the listing applicant company in the recent 1 year should account for more than 25% of the total assets, and there is no accumulated loss;
(5) Profitability: The profit record of a company applying for listing shall meet one of the following criteria. First, the ratio of pre-tax profit to paid-in share capital in the annual final accounts of the past three years has reached more than 10%; Second, the pre-tax profit in the past three years has reached more than 10 million yuan, and the profit rate of equity is not less than 5%; Third, the annual pre-tax profit in the last three years meets one of the first two standards;
(6) Equity dispersion: If the listing application of a listing applicant company is approved by this Exchange, its equity distribution shall meet the following conditions:
First, the number of registered shareholders is more than 2,000, among which the number of shareholders holding shares with denominations ranging from 2,000 yuan to 200,000 yuan is not less than 1.5 million yuan, and the sum of the denominations of the shares held accounts for more than 20% of the total issued share capital or reaches 1.5 million yuan; Second, shareholders holding less than 2% of the total shares should hold more than 25% of the total issued share capital of the company;
(7) Share circulation: the total transaction face value of the shares of the company applying for listing in the last six months should be more than 2.5 million yuan or the ratio of the daily average transaction face value to the face value of listed shares should be not less than one ten thousandth.
Extended data:
Advantages of listing
1, improve the financial situation
Funds obtained through stock listing do not need to be repaid in a certain period of time. On the other hand, these funds can immediately improve the company's capital structure, so that the company can borrow loans at lower interest rates. In addition, if the IPO is very successful and the future market trend is very strong, then the company may issue more shares at a better price in the future.
2. Buy other companies with stocks.
(1) Listed companies usually buy other companies through their own shares (instead of paying cash). If your company is publicly traded in the stock market, shareholders of other companies will be willing to accept your shares instead of cash when selling. Frequent trading in the stock market provides flexibility for these shareholders. ?
(2) The stock market will also make it much more convenient to estimate the stock price. If your company is not listed, then you must evaluate it yourself, hoping that buyers will agree with your estimate; If they don't agree, you must bargain and determine a "fair" price acceptable to both parties, which is likely to be lower than the actual value of your company. ?
3. Use stocks to motivate employees.
Companies usually attract high-quality employees through stock options or equity gains. These arrangements often make employees feel a sense of responsibility for the enterprise, because they can benefit from the development of the company. The stocks of listed companies are more attractive to employees, because the stock market can decide the stock price independently, thus ensuring the realization of employees' interests.
Baidu Encyclopedia-Listing Requirements