Shanghai Stock Exchange: the market value of companies listed on the Stock Exchange before the date of application for overseas listing of GDR is not less than RMB 20 billion yuan.

[Shanghai Stock Exchange: the market value of companies listed on this exchange is not less than 20 billion yuan before the date of application for overseas listing of GDR] the Shanghai Stock Exchange openly solicited opinions on the interim measures for the listing of Depositary receipts for Interconnection between Shanghai Stock Exchange and overseas Stock Exchange (revised in 2023) (draft for soliciting opinions). It is suggested that if a company listed on the exchange issues and lists overseas securities based on its newly added shares, it shall, in addition to meeting the relevant issuing conditions, have been listed on the stock exchange for one year, and its market value shall not be less than RMB 20 billion yuan before the date of application.