Legal analysis: 1. Requirements for listing of a company: According to the provisions of China's Company Law, a joint stock limited company must meet the following conditions when applying for listing its shares: 1. The shares have been publicly issued to the public with the approval of the securities management department of the State Council; 2. The total share capital of the company is not less than RMB 5 million; 3, the opening time of more than three years, three years of continuous profit; If the original state-owned enterprise is established after reconstruction according to law, and its main sponsor is a large and medium-sized state-owned enterprise, it can be calculated continuously; 4. No fewer than 1, shareholders hold shares with a par value of more than RMB 1 yuan, and the shares issued to the public 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 its shares issued to the public is more than 15%; 5. The company has no major illegal acts within three years, and its financial and accounting reports have no false records; 6. Other conditions stipulated by the State Council. Meet the above conditions, you can apply to the the State Council Securities Management Audit Department and the Exchange for listing.

second, the process of listing the company: 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. Application for listing. After the issuer's shares are issued, it shall apply for listing to the Listing Committee of the Exchange in time and submit the following documents: (1) Application for listing; (2) China Securities Regulatory Commission approved the initial public offering of its shares; (3) resolutions of the board of directors and 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) after the initial public offering, all the shares of the issuer have been managed by China Securities Depository and Clearing Co., Ltd.; (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 of Directors (Supervisors and Senior Managers); (1) Relevant information about the secretary of the board of directors to be appointed or already appointed by the issuer; (11) New financial information and explanations on major issues 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 spontaneous pedestrians; (13) Letter of commitment of relevant parties on sales restriction; (14) The latest prospectus and a complete set of issuance application materials audited by the 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. 3. Review and approval. The stock exchange shall, within 7 trading days after receiving all the listing application documents submitted by the issuer, make a decision on whether to approve the listing and notify the issuer of the listing conditions and procedures. After receiving the listing notice, the issuer shall sign a listing agreement with the exchange to clarify their mutual rights and obligations. 5. Disclosure of listing announcement. The issuer shall publish the listing announcement in the newspaper designated by China Securities Regulatory Commission within 3 working days before the listing of the shares. 6. Listing conditions and procedures of listed companies. The stocks applying for listing will be listed and traded according to the arrangement of the exchange and the listing date disclosed in the listing announcement. Generally speaking, the stock is listed within 7 trading days after issuance. 7. Market outlook support. Investment institutions such as brokers are needed to provide corporate financing consulting services, industry research and reporting services, and investor relations communication.

legal basis: article 121 of the company law of the people's Republic of China. 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 124 of the company law of the people's Republic of China, if a director of a listed company is related to the enterprise involved in the resolution of the board meeting, he shall not exercise the right to vote on the resolution, nor shall he exercise the right to vote 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.