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Having already opened an account with another securities company and opened the GEM, and then opened an account with another securities company online, do I need to reopen the GEM?

If you have already opened an account with another securities company and opened a GEM account, and then open an account with another securities company online, you do not need to re-open the GEM account. Just need to transfer.

If you open the GEM at another securities firm, you only need to click on the GEM transfer on your mobile phone. If there are many things you don’t understand, you can go to the stock exchange to transfer.

Generally, such securities companies will transfer the certificate for you, so you don’t need to worry about it. Stocks are long-term credit instruments in the capital market. It can be transferred and traded.

Stocks are not only part of the ownership of a joint-stock company, but also a certificate of ownership issued. It is a type of security issued by a joint-stock company to each shareholder as a certificate of ownership to raise funds and obtain dividends and dividends. Shareholders can share the company's profits with them, but they should also bear the risks caused by the company's operating errors. Each share represents a shareholder's ownership of a basic unit of the business. Every public company issues shares. Each share of the same class represents equal ownership in the company. Each shareholder's share of ownership in the company is determined by the proportion of shares he or she holds in the company's total capital stock. Stocks are an integral part of a joint-stock company's capital and can be transferred and traded. It is the main long-term credit tool in the capital market, but it cannot require the company to return its capital contribution.

Stocks are securities. It is a type of stock issued by a joint stock company to its investors when raising funds. It represents the ownership of a joint stock company by its holders (i.e. shareholders). The purchase of shares is also part of the company's business purchase and can grow and develop together with the company. This ownership is a comprehensive right, such as participating in shareholders' meetings, voting, participating in major company decisions, receiving dividends or sharing the dividend difference, etc., but it also bears the risks caused by the company's operating errors. Obtaining fixed income is one of the important reasons for investors to buy stocks, and dividend distribution is the main source of fixed income for stock investors.

If a joint-stock company is established through public offering, the registered capital shall be the total paid-in capital registered with the company registration authority. (After the implementation of the new company law in 2014, the restrictions on the minimum registered capital of joint-stock companies and joint-stock companies have been eliminated.) If laws and administrative regulations have higher requirements for the minimum registered capital of joint-stock companies, the provisions shall prevail.