First, only joint-stock companies are eligible for listing;
2. To apply for listing, the company must have been operating for more than 3 years, and there has been no change of directors or senior management personnel in these three years, and the company's operation is legal and in line with national laws and regulations;
3. There is no false capital contribution in the registered capital of listed companies, and there is no phenomenon of withdrawing funds;
4. There are at least 3 million registered companies in the listed company, and the publicly issued shares account for more than 1/4 of the company's total shares, with a total share capital of at least 4 million yuan and more than 1% of the publicly issued shares;
V. Financial status of listed companies:
1. The financial status of listed companies has a net profit of more than 3 million in the last three fiscal years;
2. The total amount of shares before issuance is at least 3 million;
3. No losses were made up in the latest issue;
4. The latest assets account for more than 2% of the net assets;
5. The accumulated cash flow generated by operating activities in the last three fiscal years is at least 5 million, or the operating income in the last three fiscal years is more than 3 million;
6. Listed companies mainly raise funds, but the funds raised must be strictly used before, so the key point is to strictly check whether the company meets the listing conditions;
What is the process of listing
1. Draw up the stock code and stock abbreviation. After the application documents for stock issuance pass the examination meeting, the issuer can apply for stock code and stock abbreviation, and report to the exchange for approval of the company's listing conditions and procedures.
2. listing application. After the issuance of shares, the issuer shall apply for listing to the listing committee of the exchange in time, and submit the following documents:
(1) Application for listing;
(2) the document of China Securities Regulatory Commission approving the initial public offering of its shares;
(3) resolutions of the board of directors and the shareholders' meeting on this issue;
(4) a copy of the business license; (
5) Articles of Association;
(6) the financial and accounting reports of the issuer in the last three years audited by an accounting firm qualified to carry out securities and futures-related business;
(7) certification documents that all the shares of the issuer have been managed by China Securities Depository and Clearing Co., Ltd. after the initial public offering;
(8) after the initial public offering, a capital verification report issued by an accounting firm qualified to carry out securities and futures-related business;
(9) Notes on the shares held by directors, supervisors and senior managers of the Company and the Statement and Commitment Letter of Directors (Supervisors and Senior Managers);
(1) relevant information about the secretary of the board of directors to be appointed or employed by the issuer;
(11) Financial information and explanations of major issues added according to regulations after the initial public offering and before listing (if applicable);
(12) The certificate that the holders of the issued shares before the initial public offering have locked their shares within one year from the date of listing of the shares of the spontaneous pedestrians;
(13) Letter of commitment from relevant parties on sales restriction;
(14) The latest prospectus and a complete set of issuance application materials audited by China Securities Regulatory Commission;
(15) a listing announcement prepared in accordance with relevant regulations;
(16) the recommendation agreement and the listing recommendation letter issued by the sponsor;
(17) legal opinions issued by law firms;
(18) Other documents required by the Exchange.
Legal basis:
Company Law of the People's Republic of China
Article 12 A listed company mentioned in this Law refers to a joint stock limited company whose shares are listed and traded on a stock exchange.
article 121st if a listed company purchases or sells major assets or the amount of guarantee exceeds 3% of the company's total assets within one year, it shall make a resolution at the shareholders' meeting, which shall be passed by more than two thirds of the voting rights held by the shareholders present at the meeting.
Article 122 A listed company shall have independent directors, and the specific measures shall be formulated by the State Council.
Article 123 A listed company shall have a secretary of the board of directors, who shall be responsible for the preparation of the shareholders' meeting and the board meeting, the document keeping, the management of the shareholders' information and the handling of information disclosure.
article 124 if a director of a listed company is related to the enterprise involved in the resolution of the board meeting, he/she shall not exercise the voting right on the resolution, nor shall he/she exercise the voting right on behalf of other directors. The board meeting can be held only when more than half of the unrelated directors are present, and the resolutions made at the board meeting must be passed by more than half of the unrelated directors. If the number of unrelated directors present at the board of directors is less than three, the matter shall be submitted to the shareholders' meeting of the listed company for deliberation.