What are the requirements for small and medium sized enterprises to be listed on the NASDAQ in the U

It's very simple, it's up to NASDAC standards.

If a Chinese company wants to list in the U.S., it must meet both Chinese and U.S. requirements.

1. Requests from the U.S. side:

The most important trading market in the United States.

There are three, NASDAQ.

NASDAQ), New York** trading market.

NYSE), the U.S.** Trading Market (AMEX). The company can only issue and trade in the market after meeting the requirements of the market for the company. The following is an example of the New York Stock Exchange (NYSE) requirements for non-US companies to list:

The number of shares held by the public shall not be less than 2.5 million shares.

The number of shareholders with more than 100 shares shall not be less than 5,000.

The company's ** market capitalization is not less than $100 million.

The company must have made a profit in the last 3 financial years and not less than $2.5 million in the final year, not less than $2 million in each of the previous two years or not less than $4.5 million in the final year, and not less than $6.5 million in the 3-year aggregate.

The net tangible assets of the Company shall not be less than US$100 million.

A number of requirements for the management and operation of the company.

Other relevant factors, such as the relative stability of the industry to which the company belongs, the company's position in the industry, the market situation of the company's products, the company's prospects, and the public's interest in the company.

2. China's requirements:

Eligible for overseas listing.

The conditions of domestic shares can be submitted to the China Supervision and Administration Commission.

To apply for overseas direct listing financing, the CSRC shall approve the listing application that meets the following conditions in accordance with the law.

The use of funds is in line with the national industrial policy, the policy of utilizing foreign capital and the relevant fixed asset investment of the state.

Provisions for the establishment of the project.

Apply for the company's net worth.

Not less than 400 million yuan, after-tax profit in the past year is not less than 60 million yuan, overseas financing.

It should not be less than $50 million.

It has a standardized corporate governance structure and a relatively complete internal management system.

and stable senior management.

Post-listing dividends must be paid in reliable foreign exchange** and in line with the relevant regulations of the national foreign exchange administration.

The applicant company shall submit the application materials in strict accordance with the procedures stipulated by the CSRC.

1. The NASDAQ listing standards are divided into three categories:1. NASDAQ Listing Standard 1:

1) Shareholders' equity of US$15 million;

2) Have pre-tax income of $1,000,000 in the most recent fiscal year or two of the last 3 years;

3) 1.1 million public floats;

4) the value of the public float amounted to US$8 million;

5) The purchase price per share is at least $5;

6) At least 400 shareholders holding more than 100 shares;

7) 3 market makers;

8) Corporate governance requirements must be met.

2. NASDAQ Listing Standard II:

1) Shareholders' equity of US$30 million;

2) 1.1 million public shares;

3) the market value of the public float is US$18 million;

4) The purchase price per share is at least $5;

5) At least 400 shareholders holding more than 100 shares;

6) 3 market makers;

7) Two years of operating history;

8) Corporate governance requirements must be met.

3. Nasdaq Listing Standard 3:

1) The total market value is $75 million; or $75 million in total assets and $75 million in gross earnings;

2) 1.1 million public float;

3) The market value of the public float is at least $20 million;

4) The purchase price per share is at least $5;

5) At least 400 shareholders holding more than 100 shares;

6) 4 market makers;

7) Corporate governance requirements must be met.

2. Three conditions and one principle:

Nasdaq listing conditions include:

1. (1) Shareholders' equity.

Up to US$15 million: (2) Pre-tax income of US$1 million in the most recent financial year or in two of the last 3 years: (3) Public float of US$1.1 million:

4) The public float has a price of $8 million: (5) the purchase price per share is at least $5, and (6) there are at least 400 shareholders holding more than 100 shares:

7) 3 market makers;

8) Corporate governance must be satisfied.

Request. 2. (1) Shareholders' equity of US$30 million: (2) 1.1 million public shares:

3) The market value of the public float is $18 million: (4) The purchase price per share is at least $5: (5) At least 400 shareholders holding more than 100 shares:

6) 3 market makers: (7) two years of operating history: (8) must meet corporate governance requirements.

3. (1) The total market value is US$75 million: or, the total assets and the total income are US$75 million, respectively: (2) the public float of 1.1 million:

3) The market value of the public float is at least $20 million: (4) The purchase price per share is at least $5: (5) There are at least 400 shareholders holding more than 100 shares:

6) 4 market makers: (7) must meet corporate governance requirements.

NASDAQ was created on February 8, 1971 by the National Association of Dealers, Inc. to regulate chaotic over-the-counter transactions and provide a financing platform for small businesses. The NASDAQ is characterized by the collection and publication of over-the-counter unlisted trading markets, and it has become the second largest trading market in the world.

There are more than 5,400 listed companies in total, and the NASDAQ is the first in the world to adopt electronic trading.

And facing the global **, it is in 55 countries and regions.

There are more than 260,000 computer sales terminals.

NASDAQ.

It is an average index that reflects changes in the NASDAQ market, with a base index of 100. Listed companies on the NASDAQ cover all high-tech industries, including software, computers, telecommunications, biotechnology, retail, and wholesale**.