What is the difference between listing on the New Third Board and listing on the New Fourth Board? a. The process and conditions for listing on the New Fourth Board

Qianhai Equity Trading Center is the core organization of the regional equity trading market in Guangdong Province with a registered capital of 1.0 billion yuan. The center has introduced three top domestic securities companies, CITIC Securities, Guosen Securities, and Essence Securities in terms of shareholder structure, to adopt a corporate system, professional management team-based operation, and market-oriented operation, striving to create a new capital market that is completely different from the Shanghai and Shenzhen Stock Exchanges. The center uses Internet platform resources to provide private placement and customized financial solutions for the vast number of small, medium and micro enterprises in the start-up and development stages that have not yet entered the Shanghai and Shenzhen Stock Exchanges, and to open up another new financing channel in addition to commercial banks and the Shanghai and Shenzhen Stock Exchanges to help enterprises Achieve growth. (Ms. Zhang's New Fourth Board listing Shenzhen financial license approval requirements Pawn shop license application requirements Shenzhen small company license Financing guarantee license application process Gold sales license processing time and fee)
New Fourth Board (Incubation Board ) Listing conditions
Companies or other legal organizations that are legally incorporated and merged within the territory of the People’s Republic of China and meet the following requirements may apply to be listed on the incubation board of Qianhai Equity Trading Center
Fixed office space
Personnel who meet the requirements for the normal operation of the enterprise
Legal and valid business license or other legal practice certificates
No major violations of laws and regulations or serious punishment by relevant national departments
Directors and supervisors of the enterprise for operation and management The personnel does not fall under any circumstances listed in Article 146 of the Company Law or violates other relevant laws and regulations of the country
Other circumstances identified by the Center. (Ms. Zhang’s New Fourth Board listing, Shenzhen financial license approval requirements, pawn shop license application requirements, Shenzhen small company license application, financing guarantee license application process, gold sales license processing time and fees)
Benefits of listing on the New Fourth Board< br/> The advertising effect enhances the brand, improves the social visibility of the company and increases the awareness of the product (the company will have a code when it is listed)
High-efficiency financing provides private equity debt hybrid capital tools
Capital appreciation equity circulation Various capital operation methods such as pledge financing, reduction of shareholdings, exit equity incentives, acquisition tools, etc.
Management improvement provides training support for enterprises
Enhances company credit rating and increases bank credit lines (creditable loans)
Standardizes governance in advance Conducive to the listing of enterprises (Ms. Zhang's New Fourth Board listing, Shenzhen financial license approval, gold license approval requirements, pawn shop license application requirements, Shenzhen small company license application, financing guarantee license application process, gold sales license processing time and fee)
Free listing Listing fee
Quickly occupy the market in the same industry, merge and reorganize companies of the same type.
Enterprise New Fourth Board Listing Process
First submit a complete set of listing materials for preliminary review according to the above instructions.
After the listing materials pass the online preliminary review, relevant fees need to be paid.
After the center confirms that the enterprise has paid the fee, it will allocate a listing code. Once the equity code is allocated, the listing will be successful.
After the listing is successful, the center will publish a listing announcement on the official website on the next Monday of the week, and enterprises can check it by themselves.
There is no specific time for enterprise licensing. The answer is usually that the company will be listed this month and the license will be arranged next month.
There is no need for companies and recommendation agencies to prepare anything for the licensing event. We will arrange it as long as company personnel attend. Service Hotline
New Fourth Board (Standard Board) Listing Conditions
Unlisted companies that have survived for one year and meet one of the following four criteria can be listed on the Qianhai Equity Exchange Center
Profit Indicators
The cumulative net profit in the past month is not less than 10,000 yuan.
Operating income + growth indicator
The accumulated operating income in the last month is not less than 10,000 yuan
Or the accumulated operating income in the last month is not less than 10,000 yuan and the growth rate is not less than %.
Net assets + operating income indicators
Net assets should be no less than 10,000 yuan and operating income in the most recent month should be no less than 10,000 yuan.
Credit enhancement indicators of financial institutions
Bank loans of more than 10,000 yuan in the last month
Or equity investments of investment institutions of more than 10,000 yuan.
Please contact the service hotline for precautions