The National Equities Exchange and Quotations (NEEQ), commonly known as the "New Third Board," is a national securities trading venue established under the Securities Law with State Council approval. As China's first corporate stock exchange, it serves as a market platform for public share transfers and financing of non-listed companies, providing services including stock trading, financing, mergers and acquisitions, as well as information, technology, and training support for market participants.
Compared to listed companies, NEEQ companies exhibit the following characteristics:
- Generally smaller enterprise size
- Stable operational performance
- Broad industry coverage
- Concentrated equity structure dominated by individual shareholders
- Emphasis on technological innovation with core competitiveness
Building upon CnOpenData's existing patent series covering listed companies, industrial enterprises, high-tech firms, and universities, this release introduces newly added NEEQ patent data, categorized into three parts: invention patent applications, granted invention patents, and utility model patents, each containing patent citation tables and patent cited-by tables.
Time Coverage
- Invention applications: Statistics based on application publication dates (1990-2023)
- Granted inventions/utility models/designs: Statistics based on authorization publication dates (1990-2023)
Data Notes
- NEEQ company status includes: Listed, Pending Listing, Under Application, and Delisted. Securities codes prefixed with "Q" indicate "Under Application," which will be updated upon formal listing.
- Current NEEQ listed company codes have been adjusted from ".OC" to ".NQ." Following the establishment of the Beijing Stock Exchange, the upgraded NEEQ system now includes ".OC" codes for Base Layer and Innovation Layer companies, along with ".BJ" codes for Beijing Stock Exchange listed firms.
Field Display
Sample Data
Due to the extensive number of tables in this dataset, this page only displays invention application patent-related tables. Additional tables are available in the left-side subpages.
NEEQ Company Invention Application Patent Citation Table
NEEQ Company Invention Application Patent Cited-by Table
Relevant Literature
- Josh L., Amit S. The Use and Misuse of Patent Data: Issues for Finance and Beyond[J]. The Review of Financial Studies, 2021(6):6.
- Li Chuntao, Yan Xuwen, Song Min et al., 2020: "FinTech and Enterprise Innovation: Evidence from NEEQ Listed Companies," China Industrial Economics, No.1.
- Dai Tianshi, Zhao Qi, 2024: "NEEQ Layering System and Enterprise Innovation: A Perspective from 'Lemon Market' Governance Mechanisms," Journal of Quantitative & Technological Economics, No.3.
Data Update Frequency
Annual updates