It doesn't have to take two years to open the GEM. The newly opened account can open the GEM. There may be a few securities business departments that will require opening an account for two years before opening the GEM. There is no special procedure for the opening of GEM, as long as you bring your ID card and Shenzhen shareholder card to the counter, you can open it. If the shareholder card has been held for 2 years, it can be opened immediately, and you can buy GEM stocks after 2 trading days.

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Introduction and opening conditions of GEM:

I. Definition of Growth Enterprise Market

Growth enterprise market, also known as the second board market, is a kind of securities market different from the main board market. It is a stock exchange market that provides financing channels and growth space for entrepreneurial enterprises, small and medium-sized enterprises, high-tech industrial enterprises and other enterprises that need financing and development. It is an important supplement to the main board market and plays an important role in the capital market.

Two. Growth enterprise market account opening conditions

Entrepreneurial account opening conditions are:

1. Check whether the transaction record of the account is more than two years. These trading objects refer to A shares and B shares in Shanghai and Shenzhen stock markets, excluding funds, bonds, warrants and other trading varieties.

2. After inquiring about the transaction records, the business department will conduct an investor risk tolerance survey on customers. In specific operations, customers often fill in questionnaires, and business departments will evaluate their risk tolerance.

3. It is necessary to sign the risk disclosure and special statement at the business department site, and the business department will conduct special GEM trading risk education for customers according to their risk tolerance assessment. For customers with less than two years of trading experience, the business department will also arrange special personnel to explain the contents of the risk disclosure book, reminding customers to carefully consider whether to apply for GEM trading.

4. After fully evaluating your risk tolerance and transaction risk, sign an account opening agreement on the spot. For investors with more than two years of trading experience, open an account after two trading days; For investors with less than 2 years trading experience, their GEM accounts will be opened after 5 trading days.

Investors who have been on GEM for less than two years need to consult the sales department and communicate with the staff of the sales department before opening an account.

Methods of buying GEM stocks:

1. Before buying GEM stocks, you must have a certain understanding of the GEM market. The stock market is a platform to gain income through securities trading, and the risk of the stock market is that investors are trapped in the market and make venture capital.

2. If you want to buy GEM stocks, you need to open a GEM stock account. First, investors need to open accounts in Shanghai and Shenzhen stock exchanges. And the trading time is over two years before you can open a GEM stock account and buy GEM stocks.