Listing Criteria The listing criteria for the New Third Board shall meet the following conditions:
(1) It has been established in accordance with the law for two years. If 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;
(2) Its business is clear and it has the ability of continuous operation;
(3) The corporate governance mechanism is sound and its operation is legal and standardized;
(4) The equity is clear, and the issuance and transfer of shares are legal and compliant;
(5) Sponsoring brokerage recommendation and continuous supervision;
(6) Other conditions required by the National Share Transfer System Corporation.
Listing conditions
Listing conditions of the New Third Board:
(1) meets the conditions for the existence of the New Third Board for two years. (The overall restructuring of a limited company can be calculated continuously);
(2) The main business of the New Third Board is outstanding and has a record of continuous operation; Conditions that must be met.
(3) The company listed on the New Third Board has a sound governance structure and standardized operating conditions;
(4) The issuance and transfer of shares of companies listed on the New Third Board are legal and compliant;
(5) The registered address of the new third board listed company is in the pilot national high-tech park;
(6) The local government issued a letter of confirmation on the pilot qualification of listing the New Third Board.
The listing of the New Third Board needs to meet the following requirements:
1. Requirements for subject qualification listing: Companies listed on the New Third Board must be unlisted joint-stock companies.
2. Operation life requirement: the duration must be two years.
3. Profitability requirements of the companies listed on the New Third Board: They must have stable and continuous operation ability.
4. Asset requirements: unlimited.
5. Main business requirements: The main business must be prominent.
6. Requirements for growth and innovation ability: Zhongguancun high-tech enterprises will gradually expand the pilot scope to other high-tech industrial development zones.
The role of institutions: the role of listing the New Third Board:
(1) Financial support for companies listed on the New Third Board: According to different regional parks and government policies, enterprises can enjoy park and government subsidies.
(2) Convenient financing for companies listed on the New Third Board: After the company is listed, it can implement private placement of shares, improve the company's credit rating and help enterprises to raise funds faster.
(3) Wealth appreciation of companies listed on the New Third Board: the shares of enterprises and shareholders can be circulated at higher prices in the capital market to realize asset appreciation.
(4) Share transfer of companies listed on the New Third Board: Shareholders' shares can be legally transferred to improve equity liquidity.
(5) Listing of New Third Board listed companies: Once the transfer mechanism is determined, the company can enjoy the "green channel" first.
(6) Development of companies listed on the New Third Board: It is conducive to improving the company's capital structure and promoting the company's standardized development.
(7) The publicity effect of the companies listed on the New Third Board: establish the company brand and improve the company's popularity.
Changes in the New Third Board
1. The companies listed on the New Third Board must be high-tech park enterprises in Beijing, Shanghai, Tianjin and Wuhan.
2. The net profit of the companies listed on the New Third Board should be above 6.5438+million.
3. It is best for companies listed on the New Third Board to have their own invention patents, and it is best for companies with two high schools and six new types.
4. The company listed in Zhongguancun, Beijing is called the New Third Board listed company. Companies listed on the New Third Board in Wuhan, Tianjin and Shanghai are called OTC markets.