Beijing has a New Third Board trading market, located at Jinyang Building (National Equities Exchange and Quotations), No. 26 Ding, Financial Street, Xicheng District, Beijing.
1. What is the New OTC Market?
The New Third Board is a national equity trading platform for unlisted joint stock companies, mainly targeting small, medium and micro enterprises. At present, the New Third Board has formed a three-tier market structure of "Basic Layer - Innovation Layer - Selected Layer" to meet the differentiated needs of enterprises of different types and stages of development, and to better serve small and medium-sized enterprises and the private economy.
For knowledge about the New OTC Market, you can check it through the GF Securities Investment Education Forum or the National Equities Exchange and Quotations.
2. The requirements for natural person investors to activate NEEQ trading permissions are as follows:
They can only trade after activating NEEQ trading permissions.
1. Category I investors (tradable basic layer, innovative layer and selected layer stocks):
(1) 10 trading days before applying for permission, under my name The average daily assets in the securities account and capital account are more than 2 million yuan (excluding funds and securities financed through margin trading), and there are more than 5 trading days (inclusive) in the first 30 trading days. The end-of-day assets are not less than 2 million.
(2) Have investment experience, work experience or employment experience as stipulated in the "Suitability Management Measures".
2. Category II investors (tradable innovation layer and selected layer stocks):
(1) 10 trading days before applying for permission, the securities account under my name and The average daily assets in the capital account are more than 1.5 million yuan (excluding funds and securities introduced through margin trading), and there are more than 5 trading days (inclusive) in the first 30 trading days. The end-of-day assets are not less than 1.5 million yuan.
(2) Have investment experience, work experience or employment experience as stipulated in the "Suitability Management Measures".
3. Three types of investors (can only trade selected stocks):
(1) 10 trading days before applying for permission, securities accounts and capital accounts under my name The average daily assets within the company are more than 1 million yuan (excluding funds and securities introduced through margin trading), and there are more than 5 trading days (inclusive) in the first 30 trading days. The end-of-day assets are not less than 1 million yuan.
(2) Have investment experience, work experience or employment experience as stipulated in the "Suitability Management Measures".
Note: The investment/work/employment experience requirements for natural person investors are (meet one of the following conditions):
(1) Have more than 2 years of investment experience in securities, funds, and futures;
(2) Have more than 2 years of experience in financial product design, investment, risk management and related work;
(3) Have the eighth qualification of the "Measures for the Suitability Management of Securities and Futures Investors" Securities companies, futures companies, fund management companies and their subsidiaries, commercial banks, insurance companies, trust companies, finance companies as specified in Item 1 of Paragraph 1 of the Article, as well as securities company subsidiaries and futures companies filed or registered with industry associations Senior management experience in financial institutions such as subsidiaries and private equity fund managers. (Those who are prohibited from participating in stock trading under the Securities Law are not allowed to apply to participate in the issuance and trading of stocks of listed companies)
Investors who have opened the New OTC Market Qualified Investor Authority before December 27, 2019 do not need to To perform any operation, you will have the permission of “Type I Investor” by default.