Hello, GEM can be called second board market or second board market. It is a securities market different from the main board market, but it is a place where stocks are issued and traded.

function

1. Growth Enterprise Market aims to provide financing channels for entrepreneurial enterprises, small and medium-sized enterprises, high-tech industrial enterprises and other enterprises that need financing.

2. GEM is an important supplement to the main board market and plays an important role in the capital market.

3. Increase the liquidity of innovative enterprises' shares, facilitate enterprises to implement equity incentive plans, and encourage employees to participate in enterprise value creation.

classify

1. Independent Growth Enterprise Market: completely independent of the main board, it and the main board are two independent and parallel capital markets, which are independent of each other;

2. affiliated growth enterprise market: it aims to cultivate listed companies for the main board, in other words, to act as the "second echelon" of the main board market.

Status On1October 30th, 2009, 10, China Growth Enterprise Market was officially listed on Shenzhen Stock Exchange. By the end of 2065438+February 2009, there were 742 companies listed on China Growth Enterprise Market, with an average P/E ratio of 32.35 and a total market value of 4,087.5 billion yuan.