As long as they meet the requirements of China A-share listing, they can be listed on A-shares!

According to the relevant provisions of the Company Law of People's Republic of China (PRC) and the Interim Measures for the Administration of Stock Issuance and Trading, a joint-stock company applying for stock listing must meet the following conditions:

★ A-share listing conditions

(1) With the approval of the State Council Securities Administration, the stock has been issued to the public.

(2) The total share capital of the company is not less than 50 million yuan.

(3) The company must be established for more than 3 years, and it has been profitable continuously in the last 3 years. Where the original state-owned enterprises are reorganized and established according to law, or the newly established companies are reorganized and established as joint stock limited companies after the implementation of the Company Law of People's Republic of China (PRC), and the main promoters are large and medium-sized state-owned enterprises, the establishment time can be continuously calculated.

(4) No less than 65,438+0,000 shareholders hold shares with a face value of more than 65,438+0,000 yuan, and the shares publicly issued to the public are not less than 25% of the total shares of the company; If the company's total share capital exceeds 400 million yuan, the proportion of shares publicly issued to the public shall not be less than 15%.

(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 national laws, regulations and rules and the exchange.

★ Conditions for listing B shares:

B shares, also known as domestic listed foreign shares, refer to registered shares whose face value is expressed in RMB, which are exclusively used for foreign investors (including overseas legal persons and natural persons) to buy and sell in foreign exchange. According to1Provisions on Domestic Listing of Foreign-funded Shares of Joint Stock Limited Companies issued by the State Council on February 25th, 995 and relevant laws and regulations, a company established by offering shall meet the following conditions when applying for issuing B shares:

(1) The use of the raised funds conforms to the national industrial policy;

(two) in line with the provisions of the state on the establishment of fixed assets investment projects;

(3) Conforming to the provisions of the State on the utilization of foreign capital;

(4) The total share capital subscribed by the promoters shall not be less than 35% of the total share capital of the company after the issuance, and the contribution of the promoters shall not be less than RMB 654.38+0.5 billion;

(5) If the shares to be issued to the society account for more than 25% of the total shares of the company and the total share capital exceeds 400 million, the proportion of shares to be issued to the society is more than 65,438+05%;

(6) It must have been established for more than three years and be profitable continuously, with no record of illegal acts and no false records in the accounting report;

(seven) other conditions stipulated by the China Securities Regulatory Commission.

When a company applies for issuing domestically listed foreign-funded shares when increasing its capital, it shall meet the following conditions:

(1) satisfies the above conditions (1), (2) and (3);

(2) The shares previously issued by the company have been fully raised, and the purpose of the raised funds is consistent with the determined purpose;

(3) The total net assets shall not be less than RMB 654.38+0.5 billion;

(4) There are no major illegal acts during the period from the previous issuance to this application;

(5) The company has made continuous profits in the last three years;

(6) Other conditions stipulated by the China Securities Regulatory Commission.