Jiangyin City, named after being located in the shadow of great rivers, is located in the east of China, the south of Jiangsu Province and the northern end of Taihu Plain in the Yangtze River Delta. Jiangyin has a developed private economy and a strong manufacturing industry.
According to the relevant provisions of Chapter IV, Section V of the Company Law of People's Republic of China (PRC), a listed company refers to a joint stock limited company whose publicly issued shares are listed and traded on the stock exchange with the approval of the securities management department authorized by the State Council or the State Council.
A listed company is a joint stock limited company, which must meet certain conditions besides being approved to be listed and traded on the stock exchange. After the revision of the Company Law and the Securities Law, more enterprises will become listed companies and companies whose corporate bonds are listed and traded.
The so-called unlisted company refers to a joint stock limited company whose shares are not listed and traded on the stock exchange.
Requirements for listed companies:
1. With the approval of the State Council Securities Regulatory Authority, the stock has been publicly issued to the public.
2. The total share capital of the company is not less than RMB 30 million.
3. It has been in business for more than three years and has been making profits continuously in the last three years; If the original state-owned enterprise is established after being rebuilt according to law, or if it is newly established after the implementation of this law, and its main sponsors are large and medium-sized state-owned enterprises, it can be counted continuously.
4. The number of shareholders holding shares with a face value of more than RMB 1000 yuan is not less than 1000, and the shares publicly issued to the public account for more than 25% of the total shares of the company; If the company's total share capital exceeds 400 million yuan, the proportion of its shares issued to the public is more than 10%.
5. The company has no major illegal acts in the last three years, and its financial and accounting reports have no false records.
6. Other conditions stipulated by the State Council.