How to purchase new shares, what conditions and steps are needed?

To subscribe for new shares, we must first open the Shanghai and Shenzhen A-share trading accounts and open online trading.

1. If you choose a local securities company as an agent to buy and sell stocks, you need to bring the original ID card to the business department of the securities company to apply for the Shanghai and Shenzhen shareholder card during the stock market trading hours (the registration fee is generally in 90 yuan, but many business departments are free at present). You need to fill in the account opening application form and sign the securities trading agency agreement, risk warning letter, customer notice, Shanghai securities market and designated trading agreement with the securities business department. You will get a fund account for trading (for logging into the online trading system), and you can go through online trading procedures at the same time. (or it is more convenient and more favorable to find a securities account manager to assist in the bank).

Those who participate in the warrant transaction shall also sign the warrant risk disclosure.

2. After the account opening formalities are completed, it is necessary to sign a third-party depository agreement and go through the formalities of specifying the depository bank in advance. Then bring your ID card and the account information that has been opened, and go to the pre-designated depository bank outlets to go through the confirmation procedures for the third-party depository "signing". Handle the bank card (open online banking), fill in the third-party depository agreement between bank securities and customer transaction settlement funds at the bank counter, handle the bank-securities transfer business, and then deposit the funds into the bank account.

3. Download the online trading software of the securities company (with market analysis software), or the securities company has an attached software installation CD, and install it on the computer. Log in to the online trading system with the fund account and trading password. After entering the system, you can transfer the bank's funds into the fund account through bank-securities transfer, and you can buy and sell stocks.

Trading hours are from 9: 30am to11:30am and from13: 00pm to15: 00pm every Monday to Friday. (closed on holidays).

To buy and sell GEM stocks, it is necessary to start trading in the GEM market.

You should personally go to the business department of the securities company to sign the GEM investment risk disclosure, and you can participate in the subscription or trading of new shares on the GEM only after being confirmed by the securities company and traded on the GEM within the prescribed time limit.

On the day of signing the above-mentioned risk disclosure, investors with different trading experiences may not participate in the subscription or trading of GEM stocks, and the time required is different. Natural person investors with more than two years (including two years) stock trading experience can subscribe for or trade GEM stocks on the second trading day (T+2) after signing the risk disclosure (T), while natural person investors without two years trading experience need to do so on the fifth trading day (T+5) after signing.

If investors apply for the opening of GEM on weekends, whether it is Saturday or Sunday, it is equivalent to applying for the opening on Friday, that is, natural person investors with more than two years of trading experience can start subscription next Tuesday, while investors without two years of trading experience can start to participate in subscription and trading next Friday.

Specific operation of subscription of new shares:

You can enter the subscription code for entrusted subscription on the online subscription date when new shares are issued and during stock trading hours, just like buying stocks. Shanghai stock market is an integer multiple of 1000 shares, and Shenzhen stock market is an integer multiple of 500 shares. Once the purchase is confirmed, the order cannot be cancelled. An account can only buy the same stock once, the first time is valid, and the rest are invalid. Generally, the matching number can be found in the account on the fourth day after purchase. Because the matching numbers are consecutive, only the first number is displayed. If you win the stock lottery, it will be transferred to your account, and the missing funds will be unfrozen and returned.

In order to increase the chances of winning the lottery, if multiple new shares are issued on the same day, we will choose relatively unpopular stocks, that is, stocks that are estimated to be bought by fewer people with concentrated funds. Of course, a large amount of funds will be used to relatively improve the winning rate.