Shenxianyuan belongs to the New Third Board, so is it a listed company?

Strictly speaking, the New Third Board is an unlisted public company, not a listed company. At present, China's listed companies are listed and traded in Shanghai and Shenzhen stock markets, and all investors can participate in the trading corresponding to the main board, small and medium-sized board and GEM stocks. The listing of the New Third Board in the national share transfer system for small and medium-sized enterprises requires investors to have certain financial strength and investment experience and certain anti-risk ability (for example, individuals need to open an account with a market value of 5 million yuan and have more than two years of relevant financial experience or knowledge). Compared with the stocks of listed companies, the NEEQ stocks have higher risks, lower trading activity and lower market valuation.