In what year was the New Third Board launched?

The New Third Board 20 19 was officially launched. The national share transfer system for small and medium-sized enterprises (hereinafter referred to as the "National Share Transfer System", commonly known as the "New Third Board") is the third national securities exchange established in accordance with the Securities Law with the approval of the State Council after the Shanghai Stock Exchange and the Shenzhen Stock Exchange. It is also the first securities trading place operated by a company in China.

Third Board Development: In 2006, unlisted joint-stock companies in Zhongguancun Science Park entered the agency transfer system to transfer their shares, which was called "Third Board". The biggest difference between the new third board and the old third board is the matching transaction, with a range of 30%. If it exceeds this range, the information of buyers and sellers will be disclosed.

After 20 12, with the approval of the State Council, the pilot of share transfer of unlisted joint-stock companies was expanded, and Zhangjiang in Shanghai, Donghu in Wuhan and Binhai High-tech Zone in Tianjin were added.

At the end of 20 13, the CSRC announced that the new third board would be promoted to the whole country and open to all companies. 20 14, 14,285 new third board companies were listed at one time, and the total number of listed companies reached 62 1 company, announcing that the new third board market has officially become a national securities trading market.

By March 6, 2005, 2065438, a total of 2026 companies were listed on the New Third Board, which is already huge in terms of the number of companies and the total market value.

Finally, on 20 19125, the CSRC issued the "Initiating the Comprehensive Deepening of the New Third Board Reform", which opened the prelude to this round of New Third Board reform.

On June 5, 2020, 5438+1October 6, 5438+1October 9, 2020, the National Stock Transfer Company issued business rules such as Rules for Public Offering of Stocks to Unspecified Qualified Investors and Hierarchical Listing (Trial).

The New Third Board is divided into three levels: selection layer, innovation layer and foundation layer. The positioning of each floor is different. Listing conditions of the New Third Board:

There are six listing conditions for the New Third Board, and the basic standards are summarized as follows:

Established in accordance with the law and existing for two years: legally established means that a company applies for registration with the company registration authority in accordance with the Company Law and other laws, regulations and rules, and obtains the Business License of Enterprise as a Legal Person; Surviving for two years means surviving for two complete accounting years; Where a limited liability company is converted into a joint stock limited company according to the original book net asset value, the duration can be calculated from the date of establishment of the limited liability company.