What does listing on Shenzhen Cultural Property Exchange mean?

Listing on Shenzhen Cultural Property Exchange means that the shares of a joint stock limited company are listed and traded on this exchange. It can be transferred, but the trading method is different from that of A shares, which is to charge the purchase price and match the transaction. Property rights exchange is a regional capital market, which mainly serves the equity flow of unlisted joint-stock companies. It is important not to let more than 200 people buy the company's equity, which will affect the listing of A shares in the future. The liquidity of equity in the regional market is poor, and there may be no market for equity, and the price of equity is generally low, which is basically based on net assets. This market financing scale is small. However, it still has certain positive significance for small and medium-sized joint-stock companies that are basically unable to go public.