What are the requirements for backdoor or backdoor purchase? What are the requirements for a backdoo

In order to achieve a backdoor listing or a backdoor listing, you must first choose a shell company, which must be combined with its own operating conditions, assets, financing capabilities and development plans. Choose a shell company with an appropriate scale, which should have a certain quality, not too many debts and non-performing debts, and have a certain degree of profitability and plasticity of restructuring. Next, the non-listed company obtains a relatively controlling position through mergers and acquisitions, and the share capital structure of the shell company should be considered, as long as the controlling position is achieved, the merger and acquisition will be considered successful.

There are three specific forms of this:

A: Through cash acquisition, which can save a lot of time, the intelligent software group adopts this way to go public through backdoor listing, and soon after the backdoor is completed, it enters the role and forms a good market response.

B: The liquidation and reorganization and merger of the "shell" are realized entirely through asset or equity replacement, which is easy to make the assets, quality and performance of the shell company change rapidly, and the effect will be achieved quickly.

C: The two methods are used together, in fact, most of the "shell" or "shell" listings are adopted by this method.

The non-listed company then controls the shareholders, and through the restructured board of directors, the listed shell company is cleaned up and internally reorganized, and the non-performing assets are divested or rectified to improve the original business status of the shell company and improve the operating performance.

If you borrow it, you have to pay it back! If you buy it, you don't have to pay it back!

The following are required:

1.The total share capital of the company shall not be less than RMB 50 million.

2.To apply for a listed company, the company must have been in operation for more than 3 years.

3.The registered capital of a listed company.

There is no false capital contribution, and there is no evasion of funds.

"Listing" generally refers to an "initial public offering."

"Initial public offering (English name: initialpublicoffering), referred to as IPO, refers to the first time that an enterprise or company (shares) negotiates to transfer its shares to the public**.

Extended Materials. Backdoor listing.

It refers to a private company (private company) by injecting assets into a listed company with a low market value (shell) to obtain a certain degree of controlling interest in the company, and use its status as a listed company to make the assets of the parent company listed. Usually the shell company will be renamed.

What backdoor listing and backdoor listing have in common is that they are both activities to reallocate the shell resources of listed companies, both for the purpose of achieving indirect listing, and their difference is that the backdoor listed company first needs to obtain control over a listed company, while the backdoor listed company already has control over the listed company.

From the perspective of specific operation, when a non-listed company is ready to buy a shell or backdoor listing, the first problem encountered is how to choose the ideal shell companyIn addition, the shareholding structure of the company.

Relatively simple. 1. In order to facilitate the acquisition and holding of it.

Backdoor listings in the United States have been in place since 1934 and are becoming increasingly popular due to their low cost and high success rate. During the recession, there are many listed companies that have lost their revenues and have a large market capitalization, which creates an opportunity for other private companies to take advantage of this "shell" to go public.

In general, the difference between a backdoor listing and a backdoor listing is that the business combination involved in a backdoor listing is often a business combination under the same control. The business combination involved in a backdoor listing, except for the overall listing of the "parent" through the "child" shell, is usually a business combination that is not under the same control, and the equity swap between the listed company selected as the "shell" company and the enterprise that intends to be listed on the backdoor is not subject to the ultimate control of the same party or the same parties.

Hello, through the query for you to find, the difference between backdoor listing and backdoor listing is in the **, is giving you a detailed sorting.

To buy a shell listing, the company that wants to buy a shell first acquires a holding company and is selected"shell"The company's listed company, and then inject the operating assets and important subsidiaries of the shell enterprise into the listed company through ** or replacement, private placement and absorption merger or holding merger, so as to achieve listing.

Backdoor listing is not to first control a listed company and then have a related party transaction with the listed company, but to implement the major assets**, the absorption and merger of new shares as a package of transactions for backdoor listing

Questions. Here's an example.

The difference between them is that the backdoor listed company first needs to obtain control of a listed company, while the backdoor listed company already has control over the listed company, which is the essential difference between the two.

Questions. A classic case of backdoor listing.

**Inside is the classic case of backdoor listing found for you, you check it.

Questions. Cases of shell listing.

This ** is the classic case of buying a shell listed for you to find, what you check [than the heart] [than the heart] [smile] [smile].

Questions. Give an example of the difference between a backdoor listing and a backdoor listing.

Backdoor listing, for example, is the transfer of shares by Huaxi Group to Financial Street Group. Buying a shell listing, Founder Technology acquired all of Yanzhong Industrial, this is the difference, one is to transfer part of the shares, and the other is to acquire the entire company. Questions. ok

Okay, I wish you a happy life, and I'm glad that your question [smiles] [smiles] [compares hearts] [compares hearts].

1. ** With the approval of the ***** management department, it has been publicly issued to the public;

2. The total share capital of the company shall not be less than RMB 50 million;

3. The business has been open for more than three years, and it has been profitable for three consecutive years; Where a former state-owned enterprise is established through lawful reconstruction, and its main sponsor is a large or medium-sized state-owned enterprise, it may be counted continuously;

4. The number of shareholders holding a face value of more than RMB 1,000 is not less than 1,000, and the shares issued to the public reach more than 25% of the total number of shares of the company; If the total share capital of the company exceeds RMB 400 million, the proportion of shares issued to the public shall be more than 15%;

5. The company has no major violations within three years, and there are no false records in the financial accounting report;

6. Other conditions stipulated in ***.

1) Listing report;

2) Resolution of the general meeting of shareholders applying for listing;

3) Articles of Association;

4) Business license of the company;

5) The financial and accounting report of the company in the last 3 years or since the establishment of the company verified by the statutory certification agency;

6) Legal opinions and recommendations from ** companies;

7) The most recent prospectus.

After the application for listing and trading is approved by the ***** regulatory authority, the person who has made the transaction shall submit the approval documents and the relevant documents stipulated above to the ** exchange.