What are the conditions and procedures for listing a company? Is it troublesome

The basic process of going public.

Generally speaking, if an enterprise wants to be listed in the domestic market, it must go through three stages: comprehensive assessment, standardized reorganization, and formal launch

The first stage is a comprehensive assessment of the enterprise before listing.

The listing of an enterprise is a complex financial engineering and systematic work, and compared with traditional project investment, it also needs to go through the process of preliminary demonstration, organization and implementation, and post-evaluation. Moreover, it is also faced with whether to be listed in the capital market, which market to be listed, and the path to be listed. Listing in different markets requires different jobs, channels, and risks. Only after a comprehensive assessment of the enterprise can it ensure that the company to be listed can carry out the correct operation under the condition of controllable costs and risks.

For enterprises, it is also necessary to pay a price for organizing and mobilizing a large number of personnel and mobilizing all aspects of strength and resources to carry out work. Therefore, in order to ensure the success of the listing, the company will first comprehensively analyze the above issues, comprehensively study and prudently come up with opinions, and only after getting a clear answer will the work of the listing team be fully launched.

The second stage is the reorganization of internal standards of the enterprise.

There are hundreds of key issues involved in the initial listing of enterprises, especially in China's current specific environment, private enterprises generally have many financial, tax, legal, corporate governance, historical evolution and other historical problems, and many problems are quite difficult to deal with in the later stage, therefore, it is very important for enterprises to deal with some issues in advance in a planned and step-by-step manner on the basis of completing the preliminary assessment and with the assistance of the listing financial adviser, and through this work, it can also strengthen the sponsor and strategic shareholders, other intermediaries and regulators have confidence in the company.

The third stage is to officially launch the listing work.

Once the enterprise has determined the listing target, it will begin to enter the practical operation stage of external work of listing, which mainly includes: selecting relevant intermediaries, carrying out shareholding reform, auditing and legal investigation, securities counseling, issuance declaration, issuance and listing, etc. Since the listing work involves external intermediary service agencies, there are five or six people working at the same time, and the personnel involve dozens of people.

Therefore, it is quite difficult to organize and coordinate, and it needs to be coordinated by multiple parties.

To be listed, a company must meet the following conditions:

1. The company must be approved and released by the ***** supervision and management agency;

2. The total share capital of the company must be more than 30 million yuan;

3. The shares issued to the public reach more than 25% of the total number of shares of the company;

4. If the total share capital of the company exceeds RMB 400 million, the proportion of shares issued to the public shall be more than 10%;

5. The company has no major violations in three years.

No false records.

The company goes public. The following process must be followed:

1. Draw up ****.

with **Abbreviation;

2. Listing application;

3. Review and approval;

4. Sign the listing agreement; Gao Yu.

5. Disclosure of listing announcements;

6. **Listing conditions and procedures for listed trading companies;

7. Support for the future.

Company Law of the People's Republic of China.

Article 124.

The directors of the listed company are related to the enterprises involved in the resolutions of the board of directors' meetings.

shall not exercise the right to vote on the resolution, nor shall other directors exercise their voting rights. The meeting of the Board of Directors shall be convened in the presence of a majority of the unrelated directors, and the resolutions made at the meeting shall be passed by a majority 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 general meeting of shareholders of the listed company. Deliberation.

The conditions for the listing of the company are as follows:

1. It has been publicly issued to the public with the approval of the ***** management department;

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

3. The business has been in business for more than three years, and it has been profitable for the last three consecutive years;

4. The number of shareholders holding a face value of more than 1,000 yuan shall not be less than 1,000, and the number of shares issued to the public shall 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 its public offering of shares to the public shall be more than 10%;

5. The company has no major violations in the past three years, and there is no false record in the financial and accounting reports;

6. Other conditions stipulated in ***.

According to the relevant provisions of the ** Law and the Company Law, the procedures for the listing of shares are as follows:

1. Submit a listing application to the regulatory authority. The application for listing of shares must be approved by the ***** regulatory authority. To submit an application for listing to the supervision and management authority, and the application for listing of shares must be submitted to the supervision *****and administration agency for approval.

The regulatory authority may authorize the exchange to approve the company's listing application in accordance with statutory conditions and procedures;

2. Accept the approval of the first supervision and management department. For the materials submitted by the shares to apply for listing, the supervision and management department shall review and approve the application if the conditions are met.

3. Submit a listing application to the Listing Committee of the ** Exchange. After the listing application is approved by the regulatory authority, the approval documents and the following documents shall be submitted to the Exchange:

Listing report; The decision of the general meeting of shareholders of Shen Fuchang Town to ask for listing; Articles of Association; Business license of the company; The company's financial and accounting reports for the last three years or since the establishment of the company verified by a statutory certification body; Legal opinions and testimonials from ** companies; the most recent prospectus; **Other documents required by the exchange. The Exchange shall arrange for the listing and trading of the ** within six months from the date of receipt of the above-mentioned documents submitted by the ** issuer.

4. Listing announcement after the listing and trading of **exchange unification**.