The leading role of the Beijing stock exchange is significant. In the first half of the year, 203 companies applied for listing on the new third board increased by more than three times year-on-year

2022-07-06

The reporter learned from the national small and medium-sized enterprise share transfer system company that in the first half of this year, 203 companies newly applied for listing on the new third board, more than three times the 47 companies in the same period last year (331.91%). Among them, there are 140 application enterprises that meet the financial standards of the Beijing stock exchange, accounting for 68.96%. "The surge in the number of enterprises applying for listing in the first half of the year was mainly driven by the establishment of the Beijing stock exchange." Zhang Keliang, head of market making business of Bohai Securities, said in an interview with the reporter of Securities Daily that the establishment of the Beijing stock exchange, on the one hand, lowered the threshold for the listing of enterprises, on the other hand, improved the efficiency of listing, so the market response was very positive. Among them, the proportion that meets the financial indicators of the Beijing stock exchange is 68.96%. If you calculate, the proportion that meets the financial indicators of the Beijing stock exchange is expected to exceed 80% after one year of listing. There are as many as 40 national specialized and new "little giants" The reporter noted that the number of these new enterprises applying for listing has not only increased significantly, but also their business performance has been brilliant. Among the 203 listed companies, 25 have net profits of more than 50million yuan in 2021, and 8 have annual net profits of more than 100million yuan. "In the first half of the year, the number of new listings on the new third board increased sharply, mainly due to the increasing attraction of the Beijing stock exchange to high-quality small and medium-sized enterprises. The Beijing stock exchange gave full play to its leading role in attracting new listed enterprises and new tier enterprises to actively prepare for listing on the Beijing stock exchange." Chang Chunlin, the founder and partner of Beijing Liwu Investment Management Co., Ltd., told the reporter of Securities Daily that innovative small and medium-sized enterprises with good quality and strong profitability actively apply for listing on the new third board and embrace the Beijing stock exchange, which shows that innovative small and medium-sized enterprises are eager for capital market services to better cope with complex domestic and foreign economic situations and risk challenges, and better adhere to the path of innovation driven high-quality development, Achieve rapid and stable growth. It is worth mentioning that in the first half of the year, enterprises applying for listing "have both strength and potential". Among them, there are as many as 40 national specialized and new "little giant" enterprises. The average R & D cost of the enterprise in 2021 was 12.6334 million yuan, accounting for 3.47% of the average revenue. In terms of industries, the newly applied enterprises are mostly concentrated in the special equipment manufacturing industry (30, accounting for 14.5%), software and information technology services industry (28, accounting for 13.7%), computer and communication and other electronic equipment manufacturing industry (17, accounting for 8.37%), and general equipment manufacturing industry (14, accounting for 6.7%). Among them, there are many leading enterprises that focus on subdivisions and master key core technologies. Chang Chunlin said that these industries generally belong to high-profile industries, which are characterized by high growth, high operational risks, innovation driven and large capital required for expansion. They are also industries that are supported by the state. "Among the application enterprises, 40 specialized and special new enterprises have played a leading and guiding role." Zhang Keliang said that from the perspective of industry characteristics, it is a strategic emerging industry. At present, China's economy is turning to a high-quality development stage, which requires hard technology. At the same time, it also needs a strategic emerging industry that supports and supports hard technology. The upgrading of the industry requires the whole industrial chain, not just the head enterprises. In the future, the role of the new third board and the Beijing stock exchange in upgrading China's industrial strategy will become increasingly prominent. Enterprises will be more enthusiastic in applying for listing in the second half of the year Among the new enterprises applying for listing, 1/4 enterprises are re listed. In the view of the industry, the new third board allows delisted enterprises to reapply for listing. As the Beijing stock exchange further plays its leading role, more enterprises that have been delisted will perform "plum blossom twice". Zhang Keliang believes that this positive trend will continue in the second half of the year, and the next two to three years will be a critical period for the rapid development of the new third board and the Beijing stock exchange. In the face of the surge of listing declarations and public offering declarations, the new third board and the Beijing stock exchange should continue to maintain efficient audit. At the same time, we should also strengthen the construction of the secondary market, introduce social funds in many ways and channels, and achieve a reasonable match between investment and financing. "While improving the audit efficiency of the primary market, we should also improve and enhance the small, fast and flexible refinancing system, truly achieve the consistency between the issuance system and the refinancing system, and explore a new model of Inclusive Finance in the capital market." Zhang Keliang said. Chang Chunlin said that it is expected that in the second half of the year, the listing of enterprises on the new third board will be more active and enthusiastic, and more innovative small and medium-sized enterprises with good quality and strong profitability will actively apply for listing on the new third board and enter the innovation layer. The number of innovative companies has increased significantly. While contributing more high-quality "students" to the Beijing stock exchange, it will also play its "backbone" in the new third board market, and the progressive market structure of the basic level, innovative level and the Beijing stock exchange will be more perfect. Only a perfect market structure can effectively improve the accuracy of the capital market in serving innovative small and medium-sized enterprises, and service innovative small and medium-sized enterprises to achieve high-quality growth. (Xinhua News Agency)

Edit:He Chuanning    Responsible editor:Su Suiyue

Source:Securities Daily

Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email:lwxsd@liaowanghn.com

Return to list

Recommended Reading Change it

Links

Submission mailbox:lwxsd@liaowanghn.com Tel:020-817896455

粤ICP备19140089号 Copyright © 2019 by www.lwxsd.com.all rights reserved

>