创业板市场退市制度对于规范上市公司运作,保护投资者合法权益,促进资金合理流动和优化市场资源配置具有重要作用。综观我国主板、创业板市场退市制度并加以比较,可以发现我国创业板市场退市制度还存在着对中小投资者保护不足等问题,所以需要本着保护中小投资者利益的宗旨,突破投资者司法救济的法律和制度障碍,对创业板市场退市制度进行有针对性的设计。 GEM delisting system for regulating the operation of listed companies to protect the legitimate rights and interests of investors and promote the rational flow of funds and optimize the allocation of resources in the market plays an important role. Looking at China’s main board, GEM delisting system and comparison, we can find that China’s GEM delisting system still exists for the protection of small and medium-sized investors and other issues, so the need to protect the interests of small investors, the purpose of breaking the investors Legal and institutional barriers to judicial relief, the GEM delisting system targeted design.