New Three Board Listed Textile Machinery Enterprises Financing Direction

< p > the world is < a target= "_blank" href= "http://www.91se91.com/" > dress < /a > a target= "_blank" href= "_blank".

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< p > "if you want to be a modern family business or joint-stock enterprise, the new three board listing is a convenient way.

Textile machinery enterprises should develop towards modern enterprises and separate management rights from ownership.

The recognition degree of modern enterprises in the world is higher, which is more conducive to enterprises going to the world and attracting talents at the same time.

In January 24th this year, 285 enterprises from all over the country held a new three board listing ceremony in Beijing.

So far, the number of new three board listing enterprises has reached 621.

Wuxi Jing Ye Si Pu Lan Polytron Technologies Inc (Stock Name: Si Pu Lan, stock code: 430526) becomes our country < a target= "_blank" href= "http://www.91se91.com/" > textile < /a > machinery industry the only one to participate in the listing of enterprises.

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< p > < strong > < a > href= > http://www.91se91.com/news/index_c.asp > > new three boards > /a > expansion.

At the end of last year, the State Council promulgated the decision on issues related to the share pfer system of small and medium-sized enterprises in the whole country (hereinafter referred to as the decision). P

The decision has made six relevant provisions on the national share pfer system (commonly known as the new three boards), and pointed out: "the eligible stock companies within the territory can apply for listing in the national share pfer system through the hosting of securities companies, pfer shares publicly, carry out equity financing, debt financing, and asset reorganization", which indicates that the new three boards have been extended to the whole country.

There is no doubt that the expansion of the new three boards is a good news for the small and medium-sized enterprises in the whole country, but the textile industry chain seems to be more "preference" for textile machinery enterprises.

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< p > China's main board, small and medium board and GEM listed enterprises mainly engaged in textile machinery, including Jingwei Textile Machinery Limited by Share Ltd, China Textile Machinery Limited by Share Ltd, Zhejiang Jinying Limited by Share Ltd, Zhejiang Jinggong Technology Co., Ltd., Ningbo Cixing Limited by Share Ltd and recently listed Jinlun Ke Chuang, etc.

Different from traditional textile industry, textile machinery industry is a technology intensive industry. Although the scale of enterprises in the industry is large or small, some small enterprises have strong innovation ability. They not only have independent intellectual property rights, but also have high added value and high profits, and the prospects of enterprises are very promising.

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< p > in recent years, many listed textile enterprises have caught up with the rapid development of the textile industry, basically realized collectivization management, and completed the upgrading and upgrading of the industry.

At the same time, some textile machinery enterprises are also seeking to go public. However, they are limited by scale and profit. In addition, in recent years, the environment of textile machinery industry is "cloudy and uncertain". It is more difficult for enterprises to achieve continuous profit performance requirements, so the number of listed companies has not increased significantly.

And the expansion of the new three boards just provided these enterprises with another way of listing pactions and financing the society.

In the decision, it is pointed out that "the national share pfer system is a national stock exchange place established by the State Council on the basis of the securities law, mainly for innovative, entrepreneurial and growing small and medium sized enterprises."

According to the reporter, there are other textile machinery enterprises have passed the declaration, entered the provincial three new board reserve enterprise library, the future is likely to be listed on the new three boards.

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< p > < strong > what can enterprises bring to the social financing listing? < /strong > < /p >

< p > "decision" points out: "the company applying for listing should have clear business, clear property rights, standardize operation according to law, and sound corporate governance. It can not yet make a profit, but must fulfill the obligation of information disclosure. The information disclosed should be true, accurate and complete."

According to Ding Chaoying, chairman of Wuxi Jing Ye Pu Lan Polytron Technologies Inc, the listing requirements for the company are mainly in terms of operation and management, and the requirements for performance, profit and qualification are not very high.

He said: "the most important requirement for listing is the clear management system and pparent operation.

From the point of view of the enterprise itself, listing on the new third board can bring a new step to the management level of the company.

After listing, the company should operate under the interest of the national shareholders, and audit every year, publish the annual audit report, which will make the operation and management of the company more standardized.

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< p > in addition to providing enterprises with opportunities to raise funds for the society, small and medium-sized enterprises are also listed in the new three boards, and their help in corporate image and publicity is also very obvious.

According to Ding Chaoying, through the new three board listing, the company's operation and management has been recognized, financing to the bank has become more convenient.

Ding Chaoying said: "our product brand is Si pram, and the stock name is also called PrP, which is itself a publicity for the company's product brand."

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< p > a bank personage also told reporters that although the new three board listed companies and listed companies can not be treated equally, but from the bank's point of view, the new three board listed companies must have advantages in financing than ordinary enterprises.

"They will be more standardized in all aspects, and the upstream and downstream customers are willing to cooperate with them.

In the past two years, the government has encouraged small and medium-sized enterprises to start their own businesses and develop. Banks also have certain obligations to provide financing for these enterprises and help them develop. "

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< p > "decision" also states: "if a company listed on the stock pfer system of the whole country reaches the conditions for the listing of shares, it may apply directly to the stock exchange for listing pactions.

In compliance with the decision of the State Council on cleaning up and reorganizing various trading places to effectively guard against financial risks, the company that requires non equity pfer of shares in the regional equity pfer market, if it is in compliance with the listing requirements, may apply for the public pfer of shares in the national share pfer system, which is required by the State Council [2011]38.

This shows that enterprises can also regard the new three boards as a "springboard" for the listing of pfer boards.

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< p >, when asked about the issue of the listing of enterprises, Ding Chaoying told reporters: "before the new three boards were listed, the board of directors of the company had a plan to go public.

Now that the company has been listed, if the relevant policies of the new three board continue to develop, and in the future trading system and trading system can be the same as the small board and the gem, then the company will not have to pfer the board again.

If the new three boards are still mainly targeted at small and medium enterprises, we will still be able to go public in small and medium sized enterprises and gem.

All these depend on the development of the new three boards. "

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< p > < strong > new third board will continue to improve the listing is a good choice < /strong > < /p >

After the expansion of the new three boards to the whole country, the paction is very light. Some people in the industry also pointed out that the limited number of institutional investors and the high threshold of individual investors set a direct impact on the turnover of the new P.

However, with the continuous improvement of the relevant policies of the new three boards, the number of new three board listed companies will continue to expand in the future, and may further enhance the liquidity of enterprises by lowering the threshold of investors.

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< p > for enterprises, the new three board < a href= "http://www.91se91.com/news/index_s.asp > > Listing" /a "brings the concern for the performance.

Before listing, only shareholders are concerned about the company's performance. After listing, the crowd concerned about the company's performance will expand to the social level, and the management of the company may result in some adjustment.

Ding Chaoying said: "before that, the management of the company only needs to be coordinated by several shareholders of the company, and it can be implemented after being understood and supported by everyone.

But now, the company has become a "public enterprise", not only responsible for the company, but also responsible to all shareholders.

Shareholders have a requirement for us because they want to increase their share price or get more dividends.

Therefore, the performance of good or bad after listing is even more important.

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< p > "the company is not in a hurry to finance now.

We will wait until the paction system, the paction system is perfect, and then according to the development plan of the enterprise, the project situation, consider the financing problem.

Ding Chaoying introduced to reporters: "the new three boards have relatively flexible financing requirements for enterprises, which can be listed first and then refinancing. They can also be first raised for financing and then listed, and they can also be distributed in batches."

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< p > with the acceleration of the expansion of the new three boards, more and more textile machinery enterprises may choose to launch the new three boards in the future.

The operation and management of enterprises in the industry will be more open and pparent, which will disclose more industry information to the public and promote healthy competition among textile enterprises.

Finally, Ding Chaoying concluded: "enterprises should be clear about their own direction of development, whether to do the traditional family" a href= "http://www.91se91.com/news/index_f.asp" enterprise < /a ", or to be a modern family business or joint-stock enterprise.

If you want to be a modern family business or joint-stock enterprise, the new three board listing is a convenient way.

I think that textile machinery enterprises should develop towards modern enterprises and separate management rights from ownership.

The recognition degree of modern enterprises in the world is higher, which is more conducive to enterprises going to the world, and at the same time can better attract business, management, technical talents and professional managers.

These are of great help to the sustainable development of enterprises.

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