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Difference between GEM and Sci-tech Innovation Board

What's the difference between GEM and Science and Technology Innovation Board?

As far as I know, GEM and science and technology innovation board have their own advantages and disadvantages:

1. GEM pays attention to the profit growth of enterprises, and the listing standard is low; Science and technology innovation board pays attention to scientific and technological innovation ability and has strict standards.

2. Growth Enterprise Market serves the growing enterprises in traditional industries, while science and technology innovation board focuses on emerging industries.

3. The delisting system of GEM is relatively weak, and the science and technology innovation board improves the level of investor protection.