Is the listing of the New Third Board listed?

The new third board is not listed. The New Third Board is a national share transfer system for small and medium-sized enterprises, which aims to provide a platform for equity trading and financing services for small and medium-sized enterprises. New Third Board listed companies can conduct equity trading and financing activities on the platform, and their shares are not listed on the main board market, so they cannot be called listed companies. A listed company in the legal sense refers to a joint stock limited company whose shares are listed and traded on the stock exchange. The companies listed on the New Third Board do not publicly issue or sell shares, and their trading activities are mainly carried out in the trading center, which is a share transfer agency system. The New Third Board Market was established with the approval of the State Council in 20 12. It provides public share transfer, financing and M&A services for non-listed companies, and is an important part of the construction of multi-level capital market system in China.