Types of listed companies, what are the basic types of listed companies

In order to improve the quality of information in the market and standardize the industry classification information of listed companies, the China Securities Regulatory Commission issued the "Industry Classification Guidelines for Listed Companies". It should be said that the classification of listed companies in the Guidelines is more detailed than the original industry classification of the two exchanges, and refers to and draws on authoritative industry classification standards at home and abroad, such as the National Bureau of Statistics, the United Nations International Industrial Classification, the North American Industrial Classification Standard and the Morgan Stanley Global Industry Classification. However, many professionals in the ** industry believe that the classification results announced by the two exchanges are still debatable.

According to the Guidelines, the principles and methods of classification of listed companies are based on the operating income of listed companies. When the proportion of operating income of a certain type of business is greater than or equal to 50%, it will be classified into the corresponding category of that business. When the proportion of operating income of no type of business is greater than or equal to 50%, if the proportion of operating income of one type of business is 30% higher than that of other businesses, the company will be classified into the corresponding industry category of such business.

** type of listed company.

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 30 million;

3) The public offering of shares accounts for more than 25% of the total number of shares of the company; If the total share capital exceeds 400 million yuan, the proportion of public issuance to the public is more than 10%;

4) The company has no major violations in the past three years, and there are no false records in the financial and accounting reports;

5) The business has been in business for more than three years, and it has been profitable for the last three consecutive years; Where the original state-owned enterprise was established through lawful reconstruction, or was newly established after the implementation of this Law, and its main sponsor is a large or medium-sized state-owned enterprise, it may be counted consecutively;

6) **The Exchange may stipulate listing conditions that are higher than those specified in the preceding paragraph, and report to the ***** regulatory authority for approval.

Bond-type listed companies.

1) Corporate bonds have been publicly issued;

2) The maturity of the corporate bond is more than one year;

3) The actual issuance amount of corporate bonds shall not be less than RMB 50 million;

4) The company still meets the statutory conditions for the issuance of corporate bonds when applying for bond listing.

One of the conditions for the issuance of bonds is that the net assets of the shares **** shall not be less than RMB 30 million, and the net assets of the limited liability company shall not be less than RMB 60 million".

To establish a share ****, there should be more than two people and less than 200 people as the initiators". Article 81 "If the shares are established by initiation, the initial capital contribution of all the promoters shall not be less than 20% of the registered capital.

There are mainly the following types of listed companies: 1. Bond-type listed companies, that is, listed companies that have publicly issued corporate bonds after approval; 2. **-type listed companies, that is, listed companies that are publicly issued to the public after being approved by the ** management department of the State Affairs Town.

[Legal basis].

Article 120 of the Company Law of the People's Republic of China The term "listed company" in this law refers to its shares listed and traded on the ** exchange. Article 121 Where a listed company purchases or guarantees material assets or guarantees exceeding 30 percent of the company's total assets within one year, it shall be resolved by the general meeting of shareholders and approved by more than two-thirds of the voting rights held by the shareholders present at the meeting. Article 144 Listed companies shall be listed and traded in accordance with the relevant laws, administrative regulations, and exchange trading rules.

Article 140 Listed companies must, in accordance with the provisions of laws and administrative regulations, disclose their financial status, operating conditions, and major lawsuits, and publish their financial and accounting reports once every six months in each fiscal year.

The types of listed companies are ** type and bond type. The advantage is that there is no need to borrow from the bank to finance and spend capital. Because the loan needs to be repaid, but if the listing is not good, it does not need to be repaid to investors. The disadvantage is the leakage of the company's information.

Legal basis] Article 57 of the ** Law.

The company shall meet the following conditions when applying for the listing and trading of corporate bonds:

1) The maturity of the corporate bond is more than one year;

2) The actual amount of corporate bonds issued shall not be less than RMB 50 million;

3) The company still meets the statutory conditions for the issuance of corporate bonds when applying for bond listing.

Article 58.

To apply for listing and trading of corporate bonds, the following documents shall be submitted to the ** exchange:

1) Listing report;

2) The resolution of the board of directors applying for the listing of corporate bonds;

3) Articles of Association;

4) The company's business license.

The types of listed companies include **-type listed companies and bond-type listed companies. A listed company refers to the shares that are publicly issued and approved by the management department authorized by *** and listed on the **exchange.

1. The company's listing procedures are:

The company needs to meet the requirements of the total share capital of not less than RMB 30 million, ** has been publicly issued with the approval of the ***** regulatory authority, and the public shares have reached more than 25% of the total number of shares of the company, and the company has no major violations in the past three years, and there are no false records in the financial and accounting reports. According to the relevant legal allocation regulations, only shares can be listed. Listed companies must have independent directors, and non-listed companies may not have them.

2. What are the legal characteristics of listed companies?

Listed companies have the following legal characteristics:

1. A listed company is a share, which has all the legal characteristics of a share: such as the wide number of shareholders, the openness and freedom of the issuance and transfer of shares, the equality of shares, and the openness of the company's operation;

2. A listed company is a stock that meets the statutory listing conditions. China's company law has strict regulations on the listing conditions, and only qualified shares can be listed and traded on the first exchange.

3. Listed companies are listed and traded on the exchange.

3. What are the conditions that must be met to apply for listing under the Company Law.

The following conditions must be met in order for a company to apply for listing:

1. With the approval of the ***** management department, the company has been publicly issued to the public, that is, the prerequisite for the shares to become a listed company is that the company's shares have been publicly issued to the public, and the shares that have been raised and established have been raised and established, and the shares that have been initiated and established cannot be directly listed companies;

2. The total share capital of the company shall not be less than 50 million yuan, and the total share capital here includes the sum of the voting for the public offering to the public and the subscription of the promoter and the issuance to specific investors, not just the public offering;

3. Opened for more than 3 years, nearly 3 years of continuous profit, investors in the investment, to analyze the company to buy, understand the listed company's management, financial status, profitability, etc., at the same time, the management department should also investigate the company's situation.

Where directors or senior managers violate the provisions of laws, administrative regulations or the articles of association of the company and harm the interests of shareholders, the shareholders may file a lawsuit in the people's court.

Article 120 of the Company Law, the term "listed company" in this law refers to its shares listed and traded on the ** exchange.