The Development Of "Brand Jinjiang" To "Capital Jinjiang"

It is estimated that more than 5 listed companies will be listed in Jinjiang every year before 2010, and the Jinjiang market will be successfully built.

Since the reform and opening up, more than 50 enterprises in Fujian have been listed on the Shanghai and Shenzhen stock exchanges, and more than 60 Fujian background enterprises have been listed overseas. The total amount of funds raised by enterprises listed on the domestic and overseas markets is about 60 billion yuan, which has effectively promoted the reform of state-owned enterprises and the adjustment of industrial structure, promoted the development of non-public ownership economy, and fostered a number of leading enterprises with strong competitiveness and sustainable development ability.

However, compared with the more developed provinces, there is still a gap between the size of the listed companies, the resources to be listed and the number of securities firms in Fujian.

At present, China's capital market has entered an important period of prosperity and rapid development. Capital market will play an increasingly important role in promoting and linking national economic development.

To seize the opportunity and further enhance the ability to control and utilize the capital market, make full use of the capital market to raise social funds and optimize the allocation of resources, have become an important task for us to adjust the economic structure, foster the growth of industrial clusters, improve the quality of economic operation, and promote the sound and rapid development of the West Coast Economic Zone of the Straits.

Today, this newspaper has set up a column focusing on Fujian's capital market, timely reporting the dynamics and related situations of listed companies' financing in our province, and promoting the optimization and development of our province's capital market structure.

"Last year, we listed 5 enterprises.

More than 5 listed companies will be added every year, and the capital market "Jinjiang plate" is expected to be successfully built before 2010.

Dr. Lan Banghua, assistant mayor of Jinjiang, depicts the future of "capital Jinjiang".

Another identity of Dr. LAN is the chief representative of Fujian, Shenzhen stock exchange, who was pferred to Jinjiang by the chief executive. The main task is to boost the listing of Jinjiang enterprises.

Dr. Lan's words and his special identity seem to show the world that "brand Jinjiang" is upgrading to "capital Jinjiang".

Jinjiang is a truly "brand city". There are 79 well-known trademarks in China, 24 famous brand products in China, and 2 famous brands in China.

A county-level city has 105 brands of "country name" brand, which is second to none in the country.

According to statistics, since 2003, Jinjiang has issued a total of 110 million yuan of brand names and quality awards.

In the "licensing movement", Jinjiang has also made regional brands such as "world jacket city", "China Shoes Capital", "China Umbrella capital" and "China ceramic town". The regional competitiveness has been greatly improved. In 2007, the total fiscal revenue exceeded 6 billion yuan and the regional gross domestic product was about 58500000000 yuan.

However, if the brand management of enterprises can not be further upgraded to the level of capital management, enterprises can not be bigger, and industrial upgrading is even more impossible.

In fact, Jinjiang's five traditional industrial clusters, such as textile, clothing, footwear, ceramic stone, food, light industrial toys, are facing the requirements of resource integration and industrial upgrading under the new economic situation.

Jinjiang's economic structure is facing further escalation, and Jinjiang is at the door of the "capital era".

"Listing is a very effective channel, which can not only become a leading enterprise, but also effectively integrate resources, enhance industrial competitiveness and regional competitiveness.

To create capital market Jinjiang plate, Jinjiang has both demand and accumulation of conditions.

Dr. Lan Banghua said.

Based on the above understanding, Jinjiang once again waved the government's "visible hand" to seize the rare "window period" of the current capital market, and put forward the strategy of "double wings" to implement brand management and capital operation, and vigorously promote Jinjiang enterprises to move towards capital market.

In early 2007, Jinjiang introduced preferential policies to carry out "nanny service" for enterprises to be listed.

In that year, Jinjiang listed companies made breakthroughs, adding 5 listed companies, IPO financing amount of 5 billion 227 million yuan, refinancing of 600 million yuan, and the number of new listed companies ranked the leading position in the country's county-level cities.

The city now has 10 listed companies, raising 7 billion 828 million yuan, and the total market value of the stock market is 70 billion 690 million yuan.

Under the influence of a group of new and old listed companies, Jinjiang enterprises have emerged with high enthusiasm for listing.

As of March 16th, there were 64 enterprises to be listed in Jinjiang, of which 1 had been declared to the China Securities Regulatory Commission, 2 had entered the guidance period, and 11 had signed contracts with the securities dealers.