What are the conditions required to buy GEM?

Four conditions for opening a GEM account: \x0d\ Investors go to the sales department to open a GEM trading account. They need to bring their ID card and shareholder account card and complete 4 procedures. \x0d\　1) The first step is to check whether the account transaction records are more than two years old. These transaction objects refer to A and B shares in the Shanghai and Shenzhen stock exchanges, and do not include funds, bonds, warrants and other trading products. \x0d\　2) The second step is that after checking the transaction records, the sales department will conduct an investor risk tolerance survey on the customer. In specific operations, the customer often fills out a questionnaire and the sales department evaluates the customer's risk tolerance. \x0d\　3) The third step is that the customer needs to sign a risk disclosure letter and special declaration on site at the sales department. The sales department will conduct specialized GEM trading risk education for the customer based on the customer's risk tolerance assessment. For those customers with less than two years of trading experience, the sales department will also arrange specialized personnel to explain the contents of the risk disclosure letter and remind customers to carefully consider whether to apply for GEM trading. It is understood that many securities firms will also conduct risk education through PPT broadcasts, brochures and other methods during this link. \x0d\　4) The fourth step is for customers to sign an account opening agreement on-site after fully assessing their risk tolerance and transaction risks. Investors with more than two years of trading experience will have their accounts opened in 2 trading days; those with less than 2 years of trading experience will have their GEM accounts opened in 5 trading days. \x0d\　The GEM, also known as the Second-board Market, is the second stock trading market. It is a type of securities market different from the Main-Board Market. It is designed for startups that are temporarily unable to be listed on the Main Board. The securities trading market provides financing channels and growth space for enterprises such as large-scale enterprises, small and medium-sized enterprises, and high-tech industrial enterprises that need financing and development. It is an important supplement to the main board market and plays an important role in the capital market. The market code of GEM in China starts with 300. \x0d\ Compared with the main board market, the GEM listing requirements are often more relaxed, mainly reflected in the requirements on establishment time, capital scale, medium and long-term performance, etc. Since most of the companies listed on the emerging secondary board market tend to be entrepreneurial companies, it is also called the GEM. The biggest feature of the GEM market is its low entry threshold and strict operation requirements, which helps potential small and medium-sized enterprises obtain financing opportunities. \x0d\ Most of the companies listed on the GEM market are engaged in high-tech businesses and have high growth potential. However, they are often established in a relatively short time and are smaller in scale, and their performance is not outstanding, but they have a lot of room for growth. It can be said that the GEM is a stock market with low threshold, high risks and strict supervision. It is also a cradle for incubating technology-based and growth-oriented enterprises. \x0d\