R&D investment accounts for no less than 15% in theĪccumulative operating income in the last 3 years No less than RMB 300 million in the last year
No less than RMB 200 million in the last year No less than RMB 100 million in the last year Other companies that meet the positioning of the STAR Market should have obvious technicalĪdvantages and meet the corresponding conditions. Pharmaceutical companies need at least one core product approved for phase II clinical trials. The market is huge, and the issuer has achieved initial progress. The main business or products need to be approved by the relevant State departments. Net profit for the last 2 years are positive andĬumulative net profit is no less than 50 million yuan Its market value and financial figures shall meet at least one of the following criteria: Where an applicant applies for listing on the STAR Market of the SSE, There is no undistributed deficit at the end of the latest period Intangible assets account for no more than 20% of net Operating activities exceeds 50 million RMB, Or theĪccumulated total operating revenue exceeds 300 million RMB In the last 3 fiscal years, the cumulative net cash flow from In the last 3 fiscal years, the company has made continuous profitsĪnd accumulated net profits exceeds 30 million RMBĬompanies that conform to the orientation of STAR Market,Īre not yet profitable or have accumulated deficits are allowed to be listedĪted market value, revenue, net income, R&D investment, cash flow and other factorsĥ sets of differentiated listing requirements Requirements on net asset, cash flow, revenue, and net incomeĮmphasize market value and revenue instead of net income requirements Main business and directors, senior managers and core technical personnel In the last 2 years, no major adverse changes have occurred in the Main business, directors and senior managers We use a written attorney-client agreement and no attorney-client relationship is formed with our firm prior to the signing of that document, unless otherwise explicitly agreed to.In the last 3 years, no major adverse changes have occurred in the By doing so, you agree to recieve written "solicitations" or other marketing materials from our firm within the meaning of that rule.Ĭontacting any attorneys or law firm mentioned on this website, without more, does not create an attorney-client relationship.
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