It is very simple for individual investors to invest in the New Third Board. Investors who have already opened A-share accounts only need to apply to the business department for opening the national share transfer system for small and medium-sized enterprises to buy and sell shares of listed companies. New Third Board shares are traded in the New Third Board Capital Circle.

Individual investors participate in the New Third Board:

1) direct participation mode

The following conditions are required:

a.

At the end of the last trading day, the market value of the securities assets under the investor's name was more than 5 million yuan. Securities assets include customer transaction settlement funds, stocks, funds, bonds and securities firms' collective wealth management products listed on the Shanghai and Shenzhen Stock Exchanges and the national share transfer system, except credit securities account assets.

b.

Have more than two years experience in securities investment, or have relevant professional background or training experience in accounting, finance, investment, finance and economics. To participate in the transfer of listed companies, institutional investors must be legal entities with a registered capital of more than 5 million yuan; Or a partnership with a total paid-in investment of more than 5 million yuan.

2) Indirect participation

Brokerage funds, asset management products and Public Offering of Fund products can all invest in the New Third Board. With the help of wealth management products issued by financial institutions, investors can invest in the New Third Board.

Direct investment participation process

1) account opening: you need to open an unlisted share transfer account. The business outlets under the sponsoring brokers can handle account opening matters.

2) Entrustment: Entrustment of stock quotation transfer can be divided into quotation entrustment and transaction confirmation entrustment. The number of entrusted shares in each transaction shall not be less than 30,000 shares, but when the balance of A shares in the account is less than 30,000 shares, it can be sold at one time.

3) Closing: the principle of closing confirmation entrustment matching is implemented, that is, the quotation system only matches the closing confirmation entrustment with the same closing agreement number, stock code, buying and selling price and number of shares, but the buying and selling direction is opposite, and the seat number of the quotation brokerage firm where the counterparty is located corresponds to each other.

4) Delivery: Share transfer and fund delivery shall be handled one by one, and the shares and funds shall be received at T+ 1.