1. High-tech enterprises represented by information, biology and new material technology are the first choice for the GEM. Other enterprises with unique behaviors, as well as enterprises in emerging industries derived from the integration of traditional industries and modern technologies, are also the selection targets of GEM.
2. Outstanding main business, unique technology and great product market potential are the basic requirements of listed companies on GEM.
3. GEM should not restrict the ownership of listed companies.
Growth enterprise market not only accepts small and medium-sized start-ups, but also welcomes large enterprises with great development potential.
Extended data
The average size of GEM companies is small. In order to meet the requirements of real-time information disclosure and appropriately reduce the company's information disclosure cost, the temporary announcements and periodic reports of GEM companies shall be disclosed on the websites designated by China Securities Regulatory Commission and the company's websites after being registered by Shenzhen Stock Exchange. At the same time, in order to take into account the reading habits of the majority of small and medium-sized investors, the summaries of regular reports of listed companies on the GEM need to be disclosed in the newspapers designated by the CSRC.
Growth enterprise market is a high-risk and high-growth market. Although the listing rules may not stipulate how high the growth level of enterprises should be, investors will expect higher returns. Only enterprises with good development prospects and great growth potential can be accepted by investors. If the company does not grow much after listing, it is difficult to gain a foothold on the GEM.
Therefore, the market positioning of enterprises must reflect their good market potential. If it has a realistic and excellent performance record, it is certainly good. If there is no such performance, the enterprise should convince investors that it has high growth prospects through objective and reasonable argumentation in all aspects.
Baidu Encyclopedia-GEM listed companies