On June 13, the Beijing stock exchange (hereinafter referred to as the "Beijing stock exchange") opened the subscription of new shares of Youji. With the three companies that have completed the subscription and are waiting to be listed, a total of four companies are about to be listed on the Beijing stock exchange. Up to now, there are 96 listed companies on the Beijing stock exchange, which means that with the successful listing of the above four companies, the number of listed companies on the Beijing stock exchange will reach 100. Among them, the proportion of national specialized and new "little giant" enterprises is outstanding. "The number of listed companies on the Beijing stock exchange is about to break through 100. It can be seen that the overall pace of their issuance and listing is advancing steadily, basically in line with market expectations." Changchunlin, founder and partner of Beijing Liwu Investment Management Co., Ltd., told the Securities Daily that with the rapid increase in the number of innovative enterprises, securities companies may speed up project application, and the review pace of the Beijing Municipal Committee of the Beijing stock exchange will also be accelerated. The expansion speed of the Beijing stock exchange is expected to be significantly accelerated. "The listed companies of Beijing stock exchange mainly focus on the high-end equipment manufacturing industry and high-tech service industry, which are closely related to the national economy and the people's livelihood. Most enterprises have high R & D expenses, strong innovation ability and outstanding overall operating performance, and are excellent representatives of innovative small and medium-sized enterprises." Chang Chunlin said. According to the data, as of June 13, 20 of the listed companies on the Beijing stock exchange were national level "small giants" specialized in special new products, accounting for more than 20%. In addition, there is one company that has completed the subscription and is waiting to be listed, which is also a national specialized and new "little giant" enterprise. From the perspective of industry distribution, among the listed "little giant" enterprises, 9 belong to high-end equipment manufacturing industry and 4 belong to the new generation information technology industry. In addition, it is worth noting that most of the "little giant" enterprises have a high position in their sub sectors, and enjoy the titles of "leading market share", "domestic alternative logic", "technology advocate" and "global market competitor". "At present, the proportion of R & D expenditure of small and medium-sized companies in the Beijing stock exchange and the proportion of specialized special new 'little giant' companies are relatively high." Liu Jing, the chief analyst of Shenwan Hongyuan specialized in special innovation, told the Securities Daily. Chang Chunlin believes that the Beijing stock exchange should start from the development characteristics and growth laws of innovative small and medium-sized enterprises, improve inclusiveness and accuracy, expand the coverage of the capital market to innovative small and medium-sized enterprises, effectively support their rapid development, and further improve the quality of listed companies of the Beijing stock exchange. On June 10, Wang Li, member of the Party committee and deputy general manager of the national stock transfer company and deputy general manager of Beijing stock exchange, said that accelerating the gathering of a number of high-quality listed companies and forming a reasonable market scale and depth is the top priority of the current market construction of Beijing stock exchange. In order to accomplish this major mission, we will focus on two aspects: first, give full play to the advantages of the integration of the new third board and the Beijing stock exchange, and promote the formation of an enterprise growth path of reserve, listing, guidance and listing step by step; Second, expand the distribution of market services and increase the import of resources. Chang Chunlin said that only by giving full play to the leveraging and nurturing role of the Beijing stock exchange and the foundation layer and innovation layer of the new third board, and realizing the continuous supply of high-quality innovative small and medium-sized enterprises, can we better realize the normalization of new share issuance and listing, help more innovative small and medium-sized enterprises enjoy the support of the capital market, help the rapid development of real enterprises, and realize the profit-making effect of investors. At the same time, realize the gathering of high-quality innovative small and medium-sized enterprises in the Beijing stock exchange, build the Beijing stock exchange into the main position of service innovative small and medium-sized enterprises, and form the scale effect and brand effect. Liu Jing believes that in the next step, the Beijing stock exchange will continue to improve the system supply. From the position of the management, the Beijing stock exchange is studying the mixed market making, the introduction of the Beijing stock exchange index, the adjustment of the new share issuance system, etc., and the public offering rhythm will be more efficient. It is expected that in the future, efforts will be made in many aspects, such as the source of high-quality listed projects, the improvement of secondary liquidity, and an efficient refinancing system, so as to further enhance the attractiveness to small and medium-sized enterprises. (Xinhua News Agency)