Shoe Market Jinjiang Private Enterprises Surging Market Tide

Jinjiang city of Fujian province is one of the most developed county level cities in China.

According to the relevant statistics of Jinjiang municipal government, as of the first quarter of this year, Jinjiang intends to have 64 listed companies, and 49 listed companies have been screened and identified, of which 1 have been declared to the China Securities Regulatory Commission, 2 have entered the counselling period, and 11 have signed contracts with the securities dealers.

The leading enterprises in Xingye leather, Meck shoes, Jin Ba, Li Lang, and relatives have all entered the sprint stage of listing.

This year, Jinjiang is expected to add another 5 listed companies.

According to the plan, by 2010, more than 20 private enterprises will be listed in Jinjiang, initially forming "Jinjiang plate" in the capital market.

"Behind this surge in the listing boom, there are obviously the example forces that have been brought by listed companies."

Lan Banghua, chief representative of Shenzhen stock exchange and assistant mayor of Jinjiang, said that Fujian

It is understood that at present, a total of 10 enterprises in Jinjiang listed inside and outside the country, raising funds amounted to 7 billion 828 million yuan.

In the past year alone, 5 Jinjiang enterprises have landed in domestic and foreign capital markets, raising capital of over 50 billion.

A company planning a listed company official told reporters, "we look at those listed companies, through the capital market circle of large sums of money, upgrading production lines, upgrading terminal sales network, who can see it can not itch?"

The person in charge of the enterprise clearly shows the example power of the listed companies.

The first annual report of Anta sports, which was listed in Hongkong last year, shocked the industry.

According to statistics, Anta's turnover last year was 3 billion 182 million 400 thousand yuan, an increase of more than 1.5 times compared with the previous year, and net profit increased by 2.6 times to 537 million 800 thousand yuan.

Another seven wolves, the pioneers of capital operation, were used to expand the channel by 600 million of the additional form of financing last year, and took the lead in the era of big store sales and living houses in the domestic garment industry.

However, it is not just those listed companies that can see positive demonstration effects once they are successfully listed.

An authoritative statistical data shows that, in the case of some small and medium-sized enterprises operating in a crisis, Jinjiang's fiscal revenue and tax revenue still maintain growth momentum, thanks to the strong pulling effect of the steady development of listed and listed companies.

Statistics show that as of March 18th this year, Jinjiang's listed and reserve enterprises had 320 million yuan in tax revenue, accounting for 20.6% of the revenue of the same period.

Another statistical data also showed that the two companies listed in Anta sports and plum blossom umbrella industry last year increased taxes more than 6943 yuan last year, up by more than 274%.

Over the past few years, listed companies have invested funds from the capital market into the expansion of enterprise capacity and upgrading of technology and equipment. This has not only increased employment opportunities in Jinjiang, but also promoted the upgrading of industrial structure.

The positive social effects and economic effects of the listing of high-quality enterprises are self-evident.

It is precisely because of these favorable factors that the government will actively promote the listing of enterprises.

The head of a listed company in Jinjiang said.

Compared with the listed companies as a sharp weapon to clarify the property rights and regulate the internal governance structure, for the government, it is hoped that more enterprises will enter the capital market and form a stock market with regional characteristics, which will enhance the city's charm and the development of city brand.

As far as Jinjiang is concerned, the promotion of the "Jinjiang plate" in the domestic and foreign capital markets is not only the need for Jinjiang to keep pace with the trend of development, but also the urgent need for the pformation and upgrading of traditional industries.

While the trend of traditional industrial pfer is not changed, another voice is the optimization and upgrading of traditional industries. The essence of it is to replace the past labor intensive with technological innovation and capital intensive way to enhance the added value of products.

There is no doubt that the formation of "listing fever" is inseparable from the upgrading of this industry.

Once the "Jinjiang plate" in the capital market can be formed, it can bring many developing Jinjiang enterprises, and not only broad financing channels, but also attract large numbers of talents.

The "made in Jinjiang" + "Jinjiang plate" will further enrich and deepen the connotation of the "Jinjiang model". The brand image of the city will also be improved and upgraded. The functional orientation of the city can be changed from industrial manufacturing city to commerce, finance and service oriented city, and the urban level will be raised.