Science and technology innovation board, commonly known as "four new boards", is a special board for small and medium-sized scientific and technological innovative enterprises, and is one of the products of building multi-level capital markets and supporting innovative scientific and technological enterprises.
On March 2nd, the new regulations of science and technology innovation board were released. For the trading system that retail investors are most concerned about, science and technology innovation board requires 500,000 market value to enter the market and two years of trading experience. There is no price limit five days before IPO listing, and 20% price limit starts on the sixth day, and T+0 is not allowed.
Entry conditions:
One: 500,000 entry threshold.
This article blocks 90% of retail investors (including me), which is obviously not allowed to play; But San Xiao has a way to join the science and technology innovation board.
1. Participate by raising funds publicly.
After the launch of science and technology innovation board, Public Offering of Fund will issue related ETF index funds or theme funds, and investors can participate in them through on-site subscription.
2. Excavate brokers with strong underwriting competitiveness in the primary market and participate in science and technology innovation board in disguise.
The underwriting work of science and technology innovation board enterprises before listing is carried out by securities companies. Securities companies can get rich profit returns by coaching scientific and technological innovation board enterprises to go public successfully. Therefore, the launch of science and technology innovation board has greatly benefited the IPO business in securities business and improved the performance of brokerage stocks.
2. There will be no daily limit for five days before listing, and it will increase by 20% on the sixth day.
The resistance of the future daily limit will become greater. This article should be aimed at squeezing the living space of hot money, and management doesn't like to speculate on stock prices. This is already an axiom.
Third, don't engage in T+0.
This article is to prevent excessive hype. If you add T+ 1 to the 20% price limit, it is simply a meat grinder for retail investors.
In addition, the detailed rules also allow unprofitable enterprises to go public, but make detailed requirements for the matching of market value and profit of enterprises. Large enterprises can go public if they are not profitable, and small enterprises must be profitable if they want to go public. In addition, it also explains the reduction requirements, delisting system and sponsorship system.
Science and technology innovation board concept stocks:
New industry investment and equity investment are three business sectors.
Qianjiang Water Conservancy: The company shares in Zhejiang Paradise Silicon Valley Equity Investment Management Group Co., Ltd., accounting for 27.9%. Paradise Silicon Valley realized a net profit of 1 1337800 yuan in October/March and 57703900 yuan in 20 12 years.
Minfeng feature: At present, the shareholding ratio of Paradise Silicon Valley is 5% to subscribe for new share capital, with an estimated investment of 5 165438+ 10,000 yuan. According to the announcement, the rapid development of various businesses in Paradise Silicon Valley has brought about the problem of liquidity shortage, in order to alleviate the financial pressure brought by the expansion of existing business scale.
Demei Chemical: mainly engaged in the technical development of high-tech products, engaged in venture capital, high-tech industrial investment, direct investment or participation in the construction of business incubators, entrusted with the management and operation of venture capital, investment consulting services, enterprise management consulting services and other businesses permitted by laws and regulations of venture capital companies.
Haitai Development: Public companies are the earliest listed companies in industrial parks in China that "promote industrial real estate and industrial investment through business incubation". Based on the business incubation service, the incubator is synchronized with the infrastructure construction, operation and industrial investment in the high-tech zone, and its main business involves real estate.