A share “welcome new”, 321!

From January to October this year, a total of 321 enterprises were listed on the main board, the small and medium-sized board, the science and technology innovation board and the growth enterprise board, with a total financing amount of 408.4 billion yuan.

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On November 30, yuan duoran, deputy director of the issuance department of China Securities Regulatory Commission, yuan duoran, deputy director of the issuance department of China Securities Regulatory Commission, yuan duoran, deputy director of the issuance department of China Securities Regulatory Commission, made a policy interpretation of the recent series of measures to deepen the reform of the capital market in the second session of Xicheng District Enterprise Listing exchange activities jointly sponsored by Beijing Xicheng District People’s government, China Securities Regulatory Commission, Beijing local financial supervision and Administration Bureau and Beijing Financial Street Service Bureau.
He said that China Securities Regulatory Commission (CSRC) has made great efforts to promote the reform of registration system and provide diversified choices for enterprises to be listed. At present, some achievements have been achieved. First, it has set up diversified and inclusive listing conditions; second, it has established an examination and approval system focusing on information disclosure; third, it has established a market-oriented mechanism for underwriting new shares; fourth, it has established an open, transparent and predictable audit and registration mechanism.
According to reports, the science and technology innovation board officially opened on June 13, 2019. As of the end of October this year, a total of 121 enterprises were listed on the science and technology innovation board, with a total financing of nearly 200 billion yuan. At present, 16 unprofitable enterprises, 2 enterprises with special equity structure and 3 red chip enterprises have been listed on the board. Since the end of this year, there have been 41 enterprises registered on the “venture board” system, with a total of 41 enterprises registered and listed on the “venture board” system. As of the end of August this year, there have been 41 enterprises registered on the “growth enterprise board” system, with a total of 41 enterprises registered on the stock market.
Yuan duoran said that the CSRC maintained the normalization of new share issuance, focused on increasing the proportion of direct financing, optimized the audit process, improved the audit mechanism, shortened the audit cycle and greatly improved the audit efficiency. From January to October this year, a total of 321 enterprises were listed on the main board, the small and medium-sized board, the science and technology innovation board and the growth enterprise board, with a total financing amount of 408.4 billion yuan. In order to improve the quality of listed companies from the source, the standard operation of issuers, financial authenticity, related party transactions and competition in the same industry are the common problems in the audit of different sectors.
For the next stage to do a good job in issuing supervision, he said that he would deeply sum up the experience of the pilot projects of the science and technology innovation board and the growth enterprise market, timely study new situations, solve new problems, and continue to work hard for the reform, development and stability of the capital market.

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1 Response

  1. Amoret says:

    Touched is the touch of the heart, is also a profound happiness. In my teaching, I will not only teach the students the learning skills, but also tell the children to learn to be grateful and share.

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