The Study On Transferring Board System Of NEEQ

Promulgated by the state council on the relevant issues about the small and medium-sized enterprise stock transfer system decision ",the new three board listed companies,if no plan a public stock offering,in conformity with the conditions listed,you can directly apply to the stock exchange for listing.This shows that the enterprises listed in the new third board can be listed through the direct switchboard,without the cumbersome process of the IPO.However,according to the securities law,a company is listed on the premise that the stock has been issued publicly.This regulation is obviously not in line with the transfer system designed by the state council through the decision.In addition,in practice,China has never separated the issue from the listing in the company's listing,which is also a major obstacle to the promotion of the new third board system.This paper will analyze the difficulties and obstacles in the current promotion of the new third board system through the interpretation of laws and regulations and national policies and the development of China's capital market.At the same time,based on the experience of other countries or regions,it is suggested to establish and improve the system of the new three-board rotary board based on the actual situation of our country.The thesis is divided into three parts: the introduction,the text and the end,and the text is divided into four parts.The introduction mainly clarifies the background of topic selection,significance of topic selection,research review and research methods.The first part of the text mainly introduces the new third board market,including its historical evolution,function,and China's multi-level capital market system.The second part of the text combines the current laws and regulations and practices in our country,and analyzes the problems that China has encountered in promoting the development of the new third board.The third part of the text is mainly used for reference to other capital markets outside China,and also includes the experience of the transfer system of the capital market in Taiwan.The fourth part of the text is through the above analysis and research,combined with the reality of our country,in order to establish and perfect the new three board system to put forward the perfect proposal.