1. The use of raised funds conforms to the national industrial policy, foreign capital utilization policy and national regulations on fixed assets investment projects;
2. The net assets of the applicant company shall not be less than 400 million yuan, the after-tax profit in the past year shall not be less than 60 million yuan, and the overseas financing amount shall not be less than 50 million US dollars;
3. It has a standardized corporate governance structure, a relatively perfect internal management system and a stable senior management;
4. Dividends after listing should come from reliable foreign exchange sources and comply with the relevant state regulations on foreign exchange management;
5. The applicant company shall submit the application materials in strict accordance with the procedures stipulated by the China Securities Regulatory Commission.
Legal basis: Article 6 of the Company Law of People's Republic of China (PRC) shall apply to the company registration authority for registration of establishment. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.