What should you pay attention to when listing on the New Fourth Board? Why are small and medium-sized enterprises keen on listing on the New Fourth Board?

Mr. Xie of Tengbo International
Service content: Professional assistance to small, medium and micro enterprises in listing on the New Fourth Board, and serving as a corporate financial guidance agency. It has now provided financial advisory services to hundreds of small, medium and micro enterprises, helping them successfully list on the New Third Board and the New Fourth Board.
In China's capital market, it is divided into the first board, the second board, the third board and the fourth board. Over the past year, the number of companies listed on the domestic Shanghai and Shenzhen Main Boards has reached 20,000. The number of companies listed on the domestic New OTC Market has exceeded 30,000. As we all know, the qualifications of small, medium and micro enterprises are far from meeting the standards for listing on the main board. In order to solve the financing problem of enterprises, they can choose to achieve equity financing by listing on the New Third Board or the New Fourth Board.
At this stage, the domestic NEEQ market is at a critical pivot point where quantity changes and quality changes. The NEEQ market complies with the general trend of domestic equity investment and contains a large number of merger and acquisition possibilities. The market has already reserved a large number of optional products, the valuation is at a relatively low level, and policy advancement is expected. According to market valuation, Jiuding Investment is firmly seated as the richest man on the New Third Board, with its market value exceeding 100 million yuan. At the same time, Jiuding Investment is also the first company in the domestic New OTC Market with a market value of 100 billion. It was established in 2006 and is a private equity investment institution. The New Third Board may become the world's largest trading center in the future. Just like Nasdaq created well-known companies such as Microsoft, a large number of companies with good growth will be born on the New Third Board in the future.
At this stage in China, in addition to the New Third Board, the New Fourth Board is developed and evolved on the basis of the New Third Board. The New Fourth Board has lower qualification requirements for companies to be listed and is more in line with the actual conditions of small and micro enterprises. The situation is known as the cradle of small and micro enterprises in the capital market. The domestic New Fourth Board is positioned as a regional capital market after the Main Board and GEM. The equity trading center serves a large number of small and medium-sized, growing and valuable enterprises. Small and medium-sized enterprises with growth potential will first use the Fourth Board as a springboard and then transfer to the GEM. Small and medium-sized enterprises will also have a better market foundation. The biggest benefit for small and micro enterprises when they land on the New Fourth Board market is corporate financing. Quoted companies can directly raise funds through private placements, allotments, etc., which reduces the thorny problems of corporate financing difficulties and high financing costs, and greatly solves the expansion of corporate financing channels. In addition, after a company is listed on the New Fourth Board, through a sufficient information disclosure system, more potential investors can learn about the company's operation and development status, which is a great benefit to improving the company's social reputation and brand awareness.
For small, medium and micro enterprises, what they need to pay attention to when listing on the New Fourth Board is: on the one hand, the company's financial data must meet relevant requirements, and financial statements are the first prerequisite for applying for listing on the New Fourth Board. On the other hand, the company's duration requirement is more than one year, which is not a big problem for many companies.