Compared with the main board, the basic requirements of the Listing Rules of Kechuang board remain basically unchanged, but the overall requirements are new. The science and innovation board has increased the industry information disclosure and adjusted the applicable requirements of disclosure in stages, which obviously combined with high-tech innovation and made specific provisions for the development of the science and Innovation Board of listed companies. As for voluntary information disclosure, the Listing Rules of science and technology innovation company clearly stipulates that voluntary information disclosure shall be prudent and objective, and shall not be used improperly to affect the trading price of the company's shares. In addition, the board of directors of Kechuang put forward higher requirements for the announcement of Listing Rules of listed companies. Compared with the main board rules of Shanghai Stock Exchange, in addition to being simple and easy to understand, Kechuang board also requires advertisers to be clear, reasonable, simple and easy to understand, and avoid using a large number of professional terms. Very vague expressions and foreign abbreviations to avoid ambiguity, templates and repeated information.