Conditions and rules for subscription of new shares by science and technology innovation board

Science and technology innovation board is a new board independent of the main board market, which mainly serves science and technology innovation enterprises that conform to the national strategy, break through key core technologies and have high market recognition. The pilot registration system is implemented in this board. So, do you know what are the conditions and rules for subscription of new shares in science and technology innovation board? Let's have a look.

What are the conditions and rules for science and technology innovation board to subscribe for new shares?

1 subscription conditions for new shares in science and technology innovation board.

It meets the investors' requirements on the appropriateness of science and technology innovation board, and opens the trading authority of science and technology innovation board stocks. And the average daily market value of users' securities accounts in the first 20 trading days of T-2 is ≥ 65,438+0,000 yuan, and only the market value of Shanghai stock market is calculated.

2 science and technology innovation board new share subscription rules.

(1) The Science and Technology Innovation Board subscribes for new shares at one time with a securities account. If the same investor uses more than one securities account for subscription, the initial subscription of the investor's securities account with market value confirmed by the trading system of this Exchange is a valid subscription. If investors use the same securities account for multiple subscriptions, the first subscription confirmed by the trading system of the exchange is valid, and other subscriptions are invalid.

② The subscription time for new shares of Science and Technology Innovation Board is 9: 15- 15: 00. When users subscribe for new shares, the subscription unit is 500 shares or an integral multiple thereof, and the subscription is irrevocable.

(3) The announcement time for subscription of new shares of Science and Technology Innovation Board is T+2 days. When announcing the winning results, investors need to ensure that there are enough subscription funds in the account before 16: 00 on that day. Insufficient funds in the account shall be deemed as abandonment of subscription.

In addition, if an investor wins the lottery three times in a row for 12 months, but fails to pay the subscription funds in full, he will participate in the online subscription of new shares for six months from the day after the last clearing participant renounces the subscription (calculated on 180 natural days, including the next day).