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What does share transfer system mean?

The National Equities Exchange and Quotations is the abbreviation of the National Equities Exchange and Quotations. It is a national securities trading venue approved by the State Council. The National Equities Exchange and Quotations Co., Ltd. is its operation and management agency.

On September 20, 2012, the company was registered with the State Administration for Industry and Commerce with a registered capital of 3 billion yuan. The Shanghai Stock Exchange, Shenzhen Stock Exchange, China Securities Depository and Clearing Co., Ltd., Shanghai Futures Exchange, China Financial Futures Exchange, Zhengzhou Commodity Exchange, and Dalian Commodity Exchange are shareholders of the company.

Extended information:

The functions of National Equities Exchange and Quotations include:

(1) Establish, maintain and improve stock transfer-related technical systems and facilities;< /p>

(2) Formulate and modify the business rules of the National Equities Exchange and Quotations;

(3) Accept and review stock listing and other related business applications, and arrange for the stock listing of qualified companies;

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(4) Organize and supervise stock transfers and related activities;

(5) Supervise the sponsoring securities firms and other participants in the National Equities Exchange and Quotations;

(6) Supervise listed companies and other information disclosure obligors;

(7) Manage and publish information related to the National Equities Exchange and Quotations;

(8) Other functions approved by the China Securities Regulatory Commission.

Baidu Encyclopedia—National Small and Medium Enterprises Share Transfer System