Traditional Culture Encyclopedia - Hotel reservation - What listed companies are there in Weihai?
What listed companies are there in Weihai?
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According to the relevant provisions of Section 5 of Chapter 4 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 approved by the securities management department authorized by the State Council or the State Council to be listed and traded on the stock exchange. The so-called unlisted company refers to a joint stock limited company whose shares are not listed and traded on the stock exchange.
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.
Compared with ordinary companies, the biggest feature of listed companies is that they can use the securities market to raise funds and widely absorb social idle funds, thus rapidly expanding the scale of enterprises and enhancing the competitiveness and market share of products. Therefore, after a joint stock limited company develops to a certain scale, it often takes the public listing of its shares on the exchange as an important strategic step for its development.
From the international experience, almost all the world-famous large enterprises are listed companies. For example, 95% of the top 500 companies in the United States are listed companies.
In order to improve the information quality of the securities market and standardize the industry classification information of listed companies, China Securities Regulatory Commission issued the "Guidelines for Industry Classification of Listed Companies". It should be said that the classification of listed companies in the Guide is more detailed than the original industry classification of the two exchanges, and it also refers to and draws lessons from 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 Industrial Classification. However, many securities professionals believe that the classification results published 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 business income of a company accounts for more than or equal to 50%, it is classified into the corresponding category of the business. When the business income of a company without business accounts for 50% or more, if the business income of a certain business accounts for 30% higher than that of other businesses, the company will be classified into the corresponding industry category.
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