What will be the impact of the dismissal of the property company from listing?

Legal analysis: an act that may have a certain impact on the company's listing and is given an administrative penalty of more than a fine by the relevant administrative organ is regarded as a major illegal act. However, unless the administrative punishment enforcement organ determines that the act is not a major illegal act and can make a reasonable explanation according to law.

Legal basis: People's Republic of China (PRC) Fire Protection Law.

Article 67 Where an organ, organization, enterprise, institution or other unit violates the provisions of Article 16, Article 17, Article 18 and Article 21, paragraph 2 of this Law, it shall be ordered to make corrections within a time limit; If no correction is made within the time limit, the directly responsible person in charge and other directly responsible personnel shall be punished according to law or given a warning.

Article 68 If a fire breaks out in a crowded place, and the on-site staff of the place fails to fulfill the obligation of organizing and guiding the evacuation of the people present, if the circumstances are serious enough not to constitute a crime, they shall be detained for not less than five days but not more than ten days.