LED enterprise notes: three new board layered system implemented next month

27, the share transfer system announced the National SME share transfer system listed company hierarchical management approach (Trial), the official release of the implementation. According to the announcement, since June 27, 2016, the national stock transfer company formally implemented hierarchical management of listed company.

According to the announcement, from 27 onwards, the application has not yet formally listed listed company in accordance with the provisions of the hierarchical management approach to enter the innovation layer. Apply for entry into the innovation layer of the declaration documents, operating procedures and the application of the listing of the specific requirements of the issue of shares issued separately.

Three new board market stratification system has been the focus of market attention, is regarded as a major reform of the three new board. In November 24th last year, the share transfer system on the issue of the national share transfer system listed company layered program, proposed to divide the innovation layer, the basic level of standards. While the official release of the "hierarchical management measures" a total of 4 chapters 19, including general principles, standards and maintain standard level, hierarchical division and adjustment, annex, compared to previously published schemes, "hierarchical management measures" to further optimize and clear stratification standard.

The general manager of card Hang Seng yuan quarter prior to the Nanfang Daily said that after the implementation of the hierarchical system, the new third market differentiation will be further apparent, or between listed companies will have a very big gap. The future of the new three board market mechanism will continue to improve, there will be delisting system does not meet the development of enterprises in the new three board market eliminated, the future of the new three board market will be a more healthy and dynamic ecological environment.

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