Which exchange does the New Third Board belong to?
The New Third Board is neither Shenzhen Stock Exchange nor Shanghai Stock Exchange, but the third national stock exchange after Shanghai Stock Exchange and Shenzhen Stock Exchange. In fact, the listing of the New Third Board is not listed. The full name of the New Third Board is the national share transfer system for small and medium-sized enterprises, and the listed companies of the New Third Board are officially called unlisted public companies. The characteristics of the New Third Board are as follows:
1 In terms of access conditions, there is no financial threshold. A company applying for listing can go public as long as its ownership structure is clear, its operation is legal and standardized, its corporate governance is sound, its business is clear, and its information disclosure obligations are fulfilled.
The New Third Board implements a strict investor suitability system, and investors are mainly institutional investors.
The above is Bian Xiao's sharing about the New Third Board. If you want to know more, please pay attention.