什么叫三板？

中文版：

“三板”是对中国多层次资本市场中一种特定交易平台的称呼，主要指的是“全国中小企业股份转让系统”，也被称为“新三板”。这一市场主要为创新型、创业型、成长型的中小微企业提供股票交易和融资服务。与主板和创业板相比，新三板市场的准入门槛相对较低，更注重企业的成长潜力和创新能力。

新三板市场于2006年开始试点，2013年底正式向全国扩展，逐步成为中国资本市场的重要组成部分。在新三板市场，企业可以通过挂牌交易实现股权的流通和融资，同时也能够接受市场的监督和检验，提升企业的规范运作水平和市场透明度。

新三板市场的出现，为中国资本市场注入了新的活力，为广大中小企业提供了更加便捷的融资渠道和发展平台。它不仅拓宽了企业的融资渠道，降低了融资成本，还促进了企业的规范化运作和股权结构的优化，为企业的长远发展奠定了坚实基础。

英文版：

What Is the "Third Board"?

The "Third Board" refers to a specific trading platform within China's multi-level capital market, primarily known as the "National Equity Exchange and Quotations" (NEEQ), also known as the "New Third Board." This market primarily caters to innovative, entrepreneurial, and growing small and medium-sized enterprises (SMEs), offering them stock trading and financing services. Compared to the main board and the growth enterprises market (GEM), the New Third Board has relatively lower entry thresholds, emphasizing more on the growth potential and innovativeness of enterprises.

The New Third Board market began as a pilot program in 2006 and was officially expanded nationwide at the end of 2013, gradually becoming an essential component of China's capital market. On this market, companies can achieve the liquidity and financing of their equity through listing and trading, while also receiving market supervision and inspection, enhancing their standardized operations and market transparency.

The emergence of the New Third Board market has injected new vitality into China's capital market, providing a more convenient financing channel and development platform for numerous SMEs. It not only broadens the financing channels of enterprises, reduces financing costs, but also promotes standardized operations and the optimization of equity structures, laying a solid foundation for the long-term development of enterprises.