Group 1 - The total number of companies listed on the New Third Board has decreased to 5,973 from over 10,000 at its peak, indicating a shift towards the concentration of quality enterprises [1] - By 2025, over 50% of the companies listed are expected to be national-level specialized and innovative "little giant" enterprises, reflecting the New Third Board's evolving role as a preparatory platform for higher-level capital markets [1] - Since 2020, the New Third Board has supplied over 670 companies to the A-share market, becoming a crucial reserve for A-share listed companies [1] Group 2 - Since the opening of the Beijing Stock Exchange in November 2021, it has accepted 292 companies from the New Third Board, becoming the primary platform for nurturing high-quality companies [2] - Notable companies like Pop Mart, which started on the New Third Board, have successfully utilized the platform for financial standardization and brand exposure, laying a solid foundation for future growth [2] - The New Third Board is transitioning from scale expansion to focusing on quality enterprise cultivation, aiming to foster more industry leaders like Pop Mart for high-quality market development [2]
时报观察丨新三板已成多层次资本市场重要“苗圃”
证券时报·2026-02-09 00:41