Research On The Countermeasures Of Cultivating The Future Listed Companies In New Third Board In Hefei High-tech Zone

New third board refers specifically to the system of shares offer for sale, it works for the small and medium-sized high-tech enterprises in the early stages of development and other innovative enterprises. The new third board has become an important component of China’s OTC market, it plays an increasingly important role in China’s OTC market. After six years of development, the new third board running well, and has achieved certain results. However, new third board is still in the pilot phase, only a pilot in Beijing Zhongguancun Science Park now, is also exploring the process. In recent years, the country has been in the making to expand the scope of the pilot to speed up and standardize the OTC, the China Securities Regulatory Commission included expansion one of the priorities in2011, and now through various efforts, expansion has entered a substantive operation stage. The national high-tech Industrial Development Zones are actively applying for entering to the scope of the pilot, therefore research on the countermeasures of cultivating the future listed companies in new third board in Hefei High-tech Zone has some practical significance for promoting declaration to enter the new third board pilot for Hefei High-tech Zone.Firstly, this paper analyzes the basic situation of China’s new third board market comprehensively, including basic policies and systems, development status, high-tech zones in China, and hosting offer brokers and listed companies. Secondly, it analyzes the basic situation of cultivating the future listed companies in new third board in Hefei High-tech Zone, including the basic situations of Hefei High-tech Zone, declaration enterprises, intermediary agencies, gain access to the scope of the pilot, related policies, finds out the main problems of cultivating the future listed companies in new third board on the basis of the above analysis; Then, on the basis of learning experiences from other high-tech zones and the actual situations of Hefei High-tech Zone, this paper put forward some countermeasures and suggestions for cultivating the future listed companies in new third board in Hefei High-tech Zone.