What's the difference between science and technology innovation board and main board?

China's stock market is divided into different sectors, and the words we hear the most are main board, growth enterprise market, science and technology innovation board and new third board. Since there are different plates, it means that different plates are different. Do you know the difference between science and technology innovation board and main board?

What's the difference between science and technology innovation board and main board?

1 The listing conditions of enterprises are different: at present, the main board is audited and the science and technology innovation board is registered. The listing conditions of the main board are stricter than those of the GEM, and there are strict financial requirements. The listing standard of science and technology innovation board is much broader. There are five sets of standards for enterprises to be listed on the science and technology innovation board, and they can be listed if they meet the conditions.

2 The conditions for investors to open an account are different: there is no threshold for opening an account in the main board market, while science and technology innovation board requires securities account assets of more than 500,000 yuan and two years of trading experience.

3 The trading system is different: the price limit of the main board is 10%, and that of the science and technology innovation board is 20%. And there is no price limit within the first to fifth trading days after the listing of new shares of science and technology innovation board.

4 Different market positioning: The stock main board is a stock trading market dominated by traditional industries, which mainly serves scientific and technological innovative enterprises that conform to the national strategy, break through key core technologies and have high market recognition.

The listing criteria of science and technology innovation board are market value+net profit, market value+income +R&D investment, market value+income+cash flow, market value+income and independent enrollment.