北交所知识一点通丨第四期：北交所新股申购的条件和要求（一）

Group 1 - The article emphasizes the importance of enhancing public financial literacy and risk prevention capabilities in line with the directives from the 20th National Congress of the Communist Party of China and the Central Financial Work Conference [1] - The North Exchange has launched the "North Exchange Knowledge 1 Point" column to educate investors on various aspects of participating in the North Exchange market, including investor suitability management, trading rules, issuance and listing, and company supervision [1] Group 2 - Qualified investors can participate in online subscription for new shares, and if the total effective subscription exceeds the total online issuance, the allocation of shares will be based on the ratio of issuance to effective subscription [1] - Investors should be aware that the allocation of shares will prioritize those who have submitted higher subscription amounts, and any remaining shares will be allocated based on time priority until stocks are exhausted [1] Group 3 - Offline investors participating in the inquiry must be registered with the China Securities Association and meet its requirements, with no current market value or holding requirements set for offline investors [2] - It is essential for investors to pay attention to the issuer's inquiry announcements and other disclosure documents to understand any specific conditions set for offline investors [2] Group 4 - Offline investors must submit inquiries based on their managed allocation objects, with each object allowed to submit only one price quote, and the number of different proposed subscription prices must not exceed three [3] - The difference between the highest and lowest proposed prices must not exceed 20% of the lowest price, and the same securities account must be used for both inquiry and subscription [4] - Subscription quantities must meet or exceed the proposed subscription amount during the inquiry and must not exceed the offline issuance quantity; otherwise, the subscription will be invalid [4]