First of all, the overview of the two is different:

1. Overview of the New Third Board: Originally, the unlisted joint-stock company in Zhongguancun Science Park entered the agency share system for the pilot transfer. Because the listed companies are all high-tech enterprises, which are different from the delisted enterprises of the original transfer board system and the listed enterprises of the original STAQ and network system, they are vividly called the "New Third Board".

2. Overview of 2.ipo: refers to the initial public offering of shares by an enterprise or company (joint stock limited company) (initial public offering refers to the way in which a joint stock company makes an initial public offering to the public).

Second, they have different meanings:

1, the significance of the New Third Board: The significance of the New Third Board is mainly aimed at companies and will bring great benefits to enterprises and companies. At present, the New Third Board is no longer limited to unlisted joint-stock companies in Zhongguancun Science Park, nor to unlisted joint-stock companies in Tianjin Binhai, Wuhan Donghu and Shanghai Zhangjiang, but a national equity trading platform for unlisted joint-stock companies, mainly for small and medium-sized enterprises.

2. The significance of 2.ipo: raising funds to attract investors; Enhance liquidity; Improve visibility and employee identity; Reward individuals and venture capital; It is conducive to improving the enterprise system and facilitating management.

Third, the relevant requirements of the two are different:

1 and related requirements of the New Third Board:

(1) The average daily financial assets in the investor's name on the recent 10 transfer date are more than 5 million yuan. Financial assets refer to bank deposits, stocks, bonds, fund shares, asset management plans, bank wealth management products, trust plans, insurance products, futures and other derivative products.

(2) Securities companies, futures companies, fund management companies and their subsidiaries with more than 2 years of experience in securities, funds and futures investment, or more than 2 years of experience in financial product design, investment, risk management and related work, or under the circumstances specified in the first paragraph of Article 8 of the Measures;

Senior management experience in financial institutions registered or registered by trade associations such as commercial banks, insurance companies, trust companies, finance companies, subsidiaries of securities companies, subsidiaries of futures companies, and private fund managers.

2. Relevant requirements of 2.ipo:

(1) The shares are publicly issued with the approval of the securities management department of the State Council.

(2) The total share capital of the company is not less than 30 million yuan.

(3) The publicly issued shares account for more than 25% of the total shares of the company.

(4) If the total share capital exceeds 400 million yuan, the proportion of public offering exceeds 65,438+00%.

(5) The company has no major illegal acts within three years, and its financial and accounting reports have no false records.

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Baidu encyclopedia-initial public offering (IPO)