承销团承销
承销团承销-
第二十五条向社会公开发行的证券票面总值超过人民币五千万元的，应当由承销团承销。承销团应当由主承销和参与承销的证券公司组成。
Article 25 . Where the total face value of a public stock issue exceeds 50 million renminbi , the issue shall be underwritten by an underwriting syndicate , which shall include a principal underwriting securities company and other companies who participate as joint underwriters of the share issue .
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承销团应当由主承销和参与承销的证券公司组成。
The underwriting syndicate shall be composed of the leading underwriting security company and participating underwriting security companies .