What is the difference between the New Third Board and the regional equity trading center?

China's share transfer system for small and medium-sized enterprises (commonly known as "New Third Board") is a national stock exchange approved by the State Council. Shanghai Equity Custody Trading Center, Tianjin Equity Exchange and other local equity trading centers are approved by the provincial government.

Quasi-institutions are local equity trading centers. Basic conditions, listing procedures and investor objectives of listed companies in the New Third Board market

Standards and trading rules are different from those of local equity trading centers.

The basic requirements of the New Third Board for listed companies are higher than those of local equity exchange centers. Jinsan

Growth enterprise market is more suitable for growth enterprises with a certain business scale, strong operating ability and perfect governance structure.

Plaza Equity Exchange Center is more suitable for small and micro enterprises in the initial stage.