Second, the purpose of establishing GEM is:
Provide financing channels for high-tech enterprises.
Through the market mechanism, we can effectively evaluate the value of venture capital, promote the combination of knowledge and capital, and promote the development of knowledge economy.
Provide "export" for venture capital funds, disperse the risks of venture capital, promote the virtuous circle of high-tech investment, and improve the flow and efficiency of high-tech investment resources.
Increase the liquidity of innovative enterprise shares, facilitate enterprises to implement equity incentive plans, and encourage employees to participate in enterprise value creation.
Promote the standardized operation of enterprises and establish a modern enterprise system.
3. A listed company refers to a joint stock limited company whose shares are listed and traded on the stock exchange with the approval of the securities management department authorized by the State Council or the State Council.
Four, the characteristics of listed companies are as follows:
A listed company is a company limited by shares. A joint stock limited company can be a non-listed company and has the general characteristics of a joint stock limited company, such as shareholders' limited liability, ownership and management rights. Shareholders participate in company decision-making by electing the board of directors and voting.
A listed company must be approved by the competent government department. According to the Company Law, a joint stock limited company must be approved by the securities management department authorized by the State Council or the State Council, and may not be listed without approval.
Shares issued by listed companies are traded in stock exchanges. The issued shares are not traded on the stock exchange, but they are not listed.
References:
/doc/3 1 14 105-3282 166 . html