最新！中国结算，向券商发送急件！

Core Viewpoint - The article discusses the implementation of a new risk disclosure requirement for investors in the Sci-Tech Innovation Board's growth tier, effective from September 22, 2025, aimed at enhancing investor suitability management [1][3]. Group 1: Notification and Implementation - China Securities Depository and Clearing Corporation has sent a notification regarding the signing of risk disclosure agreements for the Sci-Tech Innovation Board's growth tier [1]. - From September 22, 2025, investors who have signed the risk disclosure will have their accounts marked as category C, while those who have not will be marked as category K [2][3]. - Existing investors' accounts will be uniformly marked as category K after the end of trading on September 19 [4]. Group 2: Broker Actions and Technical Preparations - Several brokerage firms have already launched features in their apps to allow online signing of the risk disclosure agreements and to enable trading permissions for the growth tier [5][6]. - Brokerages are required to prepare their systems and processes to comply with the new regulations and to report their readiness to the Shanghai Stock Exchange [4][6]. Group 3: Investor Requirements - Ordinary investors must sign the risk disclosure agreement to open trading permissions for the Sci-Tech Innovation Board, and to participate in new registered growth tier stocks [7]. - Investors trading stocks that were listed before the notification and have not yet achieved profitability are exempt from signing the risk disclosure [8]. Group 4: Risk Education and Management - Brokerages are mandated to provide comprehensive risk education and management for investors, utilizing various communication channels to inform them about the risks associated with the growth tier stocks [8].