Beijing Stock Exchange Co., Ltd. (“Beijing Stock Exchange”) has completed business registration, and was established and approved on 3 September 2021. The registration information shows that Beijing Stock Exchange is wholly owned by National Equities Exchange and Quotations Co, Ltd. (“NEEQ”) as its sole shareholder. Its registered capital is RMB 1 billion. The registered address of the Beijing Stock Exchange is the same as that of the National Stock Exchange Corporation.

The Beijing Stock Exchange will play a different role from the existing Shanghai and Shenzhen exchanges and is expected to better serve the development of innovation-oriented SMEs, the China Securities Regulatory Commission (“CSRC”) said in a statement shortly after the announcement of the new exchange.

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