How do small and medium-sized Guangdong enterprises seize the opportunity of establishing the Beijing stock exchange?
2021-11-17
On November 15, the Beijing stock exchange, the third stock exchange in mainland China (hereinafter referred to as the "Beijing stock exchange"), officially opened for trading. It has become a new vitality in the capital market with the characteristics of serving "specialized, special and new" enterprises and "building a main position for innovative small and medium-sized enterprises". The establishment of the Beijing stock exchange has opened a green channel for innovative small and medium-sized enterprises to obtain direct financing. As a major economic province with the largest number of listed companies, how can Guangdong seize the opportunity of the establishment of the Beijing stock exchange? How can Guangdong enterprises take advantage of the new platform of the Beijing stock exchange to make leaps and bounds? The reporter interviewed regulatory authorities, capital market professionals and representatives of Guangdong enterprises of the Beijing stock exchange. Guangdong has the advantage of taking the lead The data show that among the first 81 listed companies of the Beijing stock exchange, Guangdong accounts for 10, ranking third in the country after Jiangsu (12) and Beijing (11). In terms of market value, the total market value of 10 companies in Guangdong on the first day of the opening of the Beijing stock exchange exceeded 100 billion yuan, ranking first in China, far higher than Beijing, which ranked second with a total market value of 30.3 billion yuan. It is no accident that the number and market value of the first batch of enterprises of Guangdong north stock exchange rank among the top in China. "Guangdong Province has benefited from strong industrial foundation and policy guidance in place. The number of" specialized and special new "small giants ranks among the top three in China and has a first mover advantage in the in-depth development of the business of the Beijing stock exchange," said Zhu Xiaona, managing director of Wanlian securities investment bank. "At present, there are more than 50000 national high-tech enterprises and 28000 scientific and technological small and medium-sized enterprises in Guangdong, ranking first in China. There are 38 invisible champion enterprises in Guangzhou alone. The establishment of the Beijing stock exchange is both a timely rain and a guide for Guangdong's innovative small and medium-sized enterprises." Ren Zhihong, director of the Hong Kong, Macao and Taiwan Research Center of the Guangdong Academy of Social Sciences, believes that. Another first mover advantage of Guangdong is reflected in the large number of "reserve forces". According to the data of Guangdong securities regulatory bureau, according to the inventory of the listing of enterprises on the new third board, the "nursery" of the Beijing stock exchange, Guangdong ranks first in China with 995, including 161 in the innovation layer and 834 in the foundation layer. By the end of June 2021, 995 companies had total assets of RMB 267.666 billion, a year-on-year increase of 12.74%, operating revenue of RMB 84.33 billion, a year-on-year increase of 22.28%, net profit of RMB 4.439 billion, a year-on-year increase of 28.67%, showing a high-speed growth trend as a whole. Capital helps enterprises innovate and develop Let capital help innovation, and the first batch of listed companies on the Beijing stock exchange have been the first to taste the "first soup". Pan Wenshuo, chairman of Derui lithium, said that the listed companies on the Beijing stock exchange not only received the help of local government policies, but also obtained more smooth and efficient financing channels. The company was able to continuously strengthen technological transformation and upgrading and expand the influence of the industry. As a leading domestic hearing aid enterprise, Jinhao medical is a specialized and new "little giant" enterprise recognized by the Ministry of industry and information technology. Wang Min, chairman of the board, said that we should make full use of the historical opportunity of landing on the Beijing stock exchange to improve competitiveness, break the monopoly of foreign hearing aid enterprises and be an innovator and leader in China's hearing aid industry. Lin Derui, general manager of Yongshun biology, also said that the institutional convenience of the Beijing stock exchange enables the company to make rational use of financing tools according to its own development needs, maintain advantages in core competitiveness such as innovation ability and product quality, and improve the company's comprehensive strength such as governance and popularity. Develop gradient cultivation system and provide accurate supporting support During the interview, many professionals said that the establishment of the Beijing stock exchange can introduce a steady stream of financial "living water" for small and medium-sized enterprises. As a gathering place of "expertise and innovation", Guangdong has the inherent advantage of enjoying the policy dividend of the Beijing stock exchange and should actively seize this opportunity. Yang boguang, chief economist of Dongguan securities and head of the Research Institute, pointed out that it is recommended to introduce supporting policies, encourage and guide high-quality enterprises to use the capital market to achieve leapfrog development, accelerate the construction of multi-level capital market in Guangdong Province and promote economic transformation and upgrading. For example, we formulated a gradient cultivation system, focused on strategic emerging industries, highlighted goal orientation, strengthened departmental cooperation, selected a number of high growth enterprises throughout the province, and provided accurate supporting policies for different development stages. Zhu Xiaona mentioned that relevant government departments can take the lead in organizing local capital forces to set up special funds for the primary and secondary markets, mainly invest in "specialized and special new" enterprises, provide financial support for the rapid growth of innovative small and medium-sized enterprises, and also provide investors with professional wealth management products to effectively drive investment transactions in the primary and secondary markets, We will continue to guide social capital to help innovation and create a benign capital ecological environment in the new third board market. In fact, Guangdong has always attached importance to the listing of enterprises. The capital market in Guangdong has performed well, and the number and quality of listed companies lead the country. The reporter learned from Guangdong local financial supervision and administration that as of October 31, 2021, there were 744 A-share listed companies in Guangdong, accounting for 16.44% of the total A-share listed companies in China, ranking first in China. The total market value is 15.73 trillion yuan, accounting for 17.21% of the total market value of national A-share listed companies; The initial fund raised was 565.651 billion yuan, accounting for 13.87% of the total initial fund raised by national A-share listed companies. (outlook new era)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：southcn.com
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