Listing Hot Tide Jinjiang Strictly Control Listing Non-Standard Behavior

To survive or to destroy is a question.

Although the situation is not that bad, many companies have been exposed to the problem of listing.

Many enterprises choose the venture capital organization to pack their overseas listing.

Successful venture capital institutions can convert their huge funds into shares. If they fail, the capital injection can be pformed into loans for enterprises.

The so-called venture capital institution is actually a steady business.

Of course, for enterprises, selling shares or loans is acceptable, but the problem is that the extra loans are not used for normal expansion of enterprises, but have been exhausted in the process of packaging and listing.

If the listing fails, it may become a heavy debt.

To the authorities, this is the question of "survival or destruction".

There is no grain in hand, with all kinds of intermediaries clamoring, the entrepreneurs who are born to venture will come up with the spirit of success and success. Ultimately, it is inevitable to choose a bet on Huashan.

But the most difficult thing for a man to suppress is his own demons.

Listing is not a simple money, nor is it a business that can be delivered at will.

In the industry, there is a theory of "listing death", that is, those who are not mature enough to go public are likely to be unable to accept pparent and standardized management.

Not to mention some companies that want to go public through the way of financial fraud, they will eventually throw stones into their own feet.

But it's not just an enterprise that hurts, but a rat's excrement may be a mess.

More than 20 years ago, the counterfeit drug case in Jinjiang had been heard about Jinjiang's goods. Later, with the active guidance and unremitting efforts of the local government, Jinjiang finally got out of the predicament and became the most concentrated place of domestic brands.

In this crisis of corporate listing, we are delighted to see the efforts of the local government in this regard.

In July 16th, a conference on more than one city as the main topic was held in Jinjiang. Unlike previous emphasis on publicity and training in the listing policy, the theme of the conference was identified as the "seminar on standardizing the listing of enterprises in Quanzhou". In response to the theme of the conference, Jinjiang has systematically promulgated its relevant policies for standardizing the listing of enterprises.

In July 21st, standardized listing and land, financing and export were listed as hot topics in Jinjiang economic operation analysis conference.

Strict control of listing irregularities, as a regional market for Quanzhou, will hold more than one city's meetings as the main content every year. However, most of these meetings are based on the publicity and training of the listing policy, and this time the "banner listing" is the banner of Jinjiang's private enterprises.

Jinjiang believes that at present, the listing of individual listed companies in Jinjiang is simply thinking of financing, listing and expansion. It does not regard listing as an effective means to standardize enterprise system and promote resource integration.

To this end, Jinjiang said it would strengthen supervision over listed companies, not over packaging, not false packaging, and help enterprises standardize their restructuring.

As for the harm of non-standard listing, Liu Xiangyang, deputy director of Jinjiang Economic Development Bureau and deputy director of the listing office, said that although enterprises can succeed in a short time, in the long run, they will make the company pay a high price.

"Both domestic and foreign capital markets have targeted sanctions against non-standard listing.

In light of the heavy fines and condemnation, the enterprises will be delisted and the originators will be sentenced.

The negative impact of such irregular behavior is more than the enterprises themselves. Liu Xiangyang told reporters that non-standard listing had an impact on the normal exercise of administrative approval and regulatory functions of local governments, resulting in the loss of a large number of normal tax sources, affecting the image of local governments, and seriously damaging the integrity of business environment for enterprises to survive, and laying serious hidden dangers for local economic security.

At the same time, due to the asymmetric information in the capital market, the disclosure of an irregular listing of a company will not only affect the stock price of the company, but also affect the share price of the other law-abiding listed companies in the region and the IPO price of the listed companies in the region.

Because of the many negative effects, Jinjiang has already done a lot of work in standardizing the listing of enterprises.

Earlier, the relevant departments of Jinjiang had held a special meeting to guide enterprises to correct the listing motives, and issued the notice on strengthening information exchange and promoting enterprises to standardize listing.

According to Liu Xiangyang, Jinjiang is studying and formulating a proposal to promote the development of local capital markets. In this opinion, institutional arrangements will be made to prevent non-standard listing.

Intermediary is regarded as an important part in standardizing the listing behavior of enterprises.

"Jinjiang will intensify its crackdown on illegal intermediaries, and set up a working group to investigate and combat illegal intermediaries, promote the leading black ink list of the provincial listing office, and boycott them in Fujian."

Liu Xiangyang said that Jinjiang is formulating a strict reward and punishment mechanism to eradicate the existence of non-standard listing.

But it is not enough to just block. Liu Xiangyang believes that, while attacking illegal intermediaries, how to effectively dredge and seize the market space for the listing of enterprises is also a key.

Therefore, Jinjiang has collected and perfected the information files of domestic and foreign securities intermediaries on the basis of the previous meeting of the listed companies and securities intermediaries.

"Next, we will organize training, broaden the sources of information for entrepreneurs, and avoid them being confused by illegal intermediaries."

While dealing with export predicament in the process of standardizing the listing of enterprises, how to deal with export predicament has become a hot topic in Jinjiang.

As an economic analysis for the first half of the year, Jinjiang's current export predicament is naturally a topic that can not be carried away.

According to the data of Quanzhou Municipal Foreign Trade and Economic Cooperation Bureau, Jinjiang's foreign trade exports increased by 19.65% in the first 5 months of this year, which is two percentage points lower than the average export growth of Quanzhou.

It is precisely because of the negative impact of RMB appreciation, rising raw material costs, and sharp increase in labor costs that the survival state of Jinjiang enterprises has attracted people's attention. Prior to this, the news of frequent failure of Jinjiang shoe enterprises has been widely circulated on the Internet. The Ministry of Commerce has sent two research teams to Jinjiang for research.

At the economic analysis meeting held in July 21st, the relevant departments in Jinjiang analyzed the economic trend in the second half of the year and thought that the current supply of production factors will continue to tighten, which is affected by global inflation, the possible slowing down of world economic growth in the second half of this year and the unchanged keynote of domestic macro-control policies. In the second half of this year, Jinjiang's export situation may become even more severe.

Based on this analysis, Jinjiang believes that the trade associations should play a corresponding role in coping with the export situation. At present, the industry export association in some areas of Quanzhou has taken the lead in setting up a price Union. The highest price increase of the product has even reached 30%. Jinjiang enterprises can take similar measures to reduce the pressure.