1. Asset threshold: the average daily assets of the securities account and the fund account in the 20 trading days before the application for opening authority shall not be less than 654.38+10,000 yuan (excluding the funds and securities that investors integrate through margin financing and securities lending);

2. Trading experience: having participated in securities trading for more than 24 months (required). Eligible people can generally apply for self-service access in mobile phone trading software and buy GEM stocks.

I. Matters needing attention in the subscription of GEM stocks:

There is no difference between the subscription of new shares on GEM and SME board. The online subscription unit of GEM is 500 shares, and each securities account is entrusted with no less than 500 shares; More than 500 shares must be an integer multiple of 500 shares, but it shall not exceed the subscription limit determined by the lead underwriter in the issuance announcement. For the subscription entrustment of new shares whose subscription quantity exceeds the subscription limit, the trading system of Shenzhen Stock Exchange regards the entrustment as invalid and will not confirm it. When participating in online subscription of GEM stocks, the same stock can only be subscribed once with a securities account. If an investor uses an account to buy the same stock for many times (including one or more times), the first purchase will be confirmed, and the rest will be regarded as invalid purchases and cancelled automatically. If the same investor uses multiple securities accounts to buy the same stock with the same name and license number, the first purchase is confirmed to be valid, and the purchases from other accounts are treated as invalid purchases. Once the subscription entrustment of new shares is confirmed by the trading system of Shenzhen Stock Exchange, the order shall not be cancelled. Under normal circumstances, on the third trading day (t+3) after the subscription date, China Clearing Shenzhen Branch will unfreeze the subscription funds for new shares that have not been won.

Second, the growth enterprise market price limit system and trading rules:

The trading rules of t+ 1 are implemented, and the single-day price increase and decrease is limited to 10%. Trading rules for the first day of listing:

1, when the first increase or decrease reaches or exceeds 20% and 50%, the suspension will be temporarily suspended for 30 minutes;

2. When the first price increase or decrease reaches or exceeds 80%, the trading will be suspended for 3 minutes before the closing of the centralized bidding, and then the trading will be resumed. The declaration accepted during the suspension will be resumed in call auction, and then the call auction will end.