The Third Batch Of IPO Approvals Release The Registration System In Mid 8 Months.

< p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes < < hat net "Xiaobian introduced to you is the third batch of approval documents, which is expected to be released in the middle of 8 months, prepare for war registration system.

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< p > up to August 8th, 10 enterprises have completed the updating of financial data and returned to normal audit status.

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< p > into August, the IPO queuing forces have gradually entered the stage of the mid 2014 audit end, and the SFC [micro-blog] audit will gradually return to normal.

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< p > and during this period, the Commission will also complete its general election.

Unlike any previous change, it has changed not only in the source structure, but also in the pitional stage of the registration system.

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< p > following the reopening of the trial conference in July 30th, in August 8th, Shanghai flying Kay optoelectronic material Limited by Share Ltd (first) was approved, and the number of enterprises has increased to 30 /p.

< p > < strong > third batch approval or < 8 > middle > /strong > < /p >.

< p > > in late July, in 2014, the semi annual audit of enterprises in the trial business was coming to an end. According to Wande statistics, as of August 8th, 10 enterprises had completed the updating of their financial data and returned to normal audit status.

6 of them were in the feedback stage, and 4 were in the pre disclosure phase.

Another 570 "suspend censorship" because of "incomplete application documents".

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< p > the fastest action was the Lanzhou Lanshi heavy equipment Limited by Share Ltd, which was handed over to China in July 25th, and the sponsor was Hualong securities.

Shanghai flying Kay optoelectronic material Limited by Share Ltd followed closely. In July 28th, the updated declaration materials were delivered by Guo Yuan Securities (11.46, 0.10, 0.88%).

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< p > "our projects are few, so in July, the project team concentrated on working with the accounting firms and law firms to carry out the audit of the interim data and update the application materials. The core is also very fast, and there will not be any phenomenon of squeezing queues among some brokerages." a Hualong securities investment banker told financial weekly newspaper, "the biggest factor affecting the financial reporting is the time to audit the earnings report. If the gem company is simpler, it will be nearly a month if it is faster, and the more complicated motherboard company may be two months slower."

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< p > in the current queuing project, 5 items of Hualong securities will be audited. In addition to the 1 returned to normal audit, 4 will still "suspend the review".

Guo Yuan Securities has 11 projects, and 10 projects remain to be updated.

The largest number of projects were GF Securities (10.50, 0.02, 0.19%) (36) and China Merchants Securities (10.99, -0.01, -0.09%) (33), respectively, with 3 items and 1 items updated.

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< p > the above 10 enterprises do not update materials with Chinese newspaper data.

The Limited by Share Ltd of Jiangsu pportation planning and Design Institute has only updated one quarterly data to restore the "feedback" state, sponsored by GF Securities.

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< p > "if you want to catch up with the meeting time, it will be quicker to add a quarterly report." a sponsor of the project in the meeting said that "our company's projects are required to fill in the China Daily, because if we did not attend the meeting in September, we would have to make up three quarterly reports soon."

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< p > July 30th, the trial will be reopened after nearly one month's short window period. Hua Mao (Xiamen) new material Polytron Technologies Inc (first) passed.

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< p >, as the SFC audits normalcy, the acceptance window is opened.

From the end of July to August 8th, Ying Fei, Wuhan science and Technology Department of Optics and Wuhan Zhongke made an initial application for acceptance by the SFC. Among them, Ying Fei's application material was also a quarterly report in 2014.

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< p > a large brokerage in Beijing, Bao Dai said that in the early stage of the issuance of the new Securities Commission, we should consider that most enterprises are faced with the fact that they will update the financial data in the semi annual report in 2014. The next issue should be at least until the end of 8.

After that, enterprises also need to update their financial data and update at least one quarterly data.

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< p > up to August 8th, the IPO queuing force increased to 628, and 30 enterprises had been waiting for approval.

Previously, the SFC has issued IPO approvals to 22 past enterprises in June 9th and July, respectively, with about 10 monthly average in 14.

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< p > in addition to the Hua Maoxin material that has just passed, and whether the 28 previous enterprises will be able to update a quarterly report in time, whether it can become one of the conditions for the third batch of approvals.

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< p > "in July, our focus was to verify the first quarter financial data and to add the adjusted prospectus before July 31st."

Bao Dai, a large broker in Beijing, said.

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< p > < strong > re build the audit team < /strong > /p >

< p > although the trial committee was suspended for nearly a month, the SFC's issuing department was not idle.

In May 23rd, after the completion of the sixteenth main board's issuance examination committee, in July 25th, the SFC also threw out a list of candidates for the GEM board.

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< p > the unified characteristics of the two lists are that the strength of intermediaries such as accountants and lawyers is weakening, increasing the representatives of the investors of the market buyers. Among them, the number of members from the fund management companies is increased, and new members are elected from the insurance Asset Management Co, venture capital institutions and the secretaries of the listed companies.

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< p > it is understood that the adjustment of the personnel structure of the OAC comes from a chairman's office. The representative from the stock exchange suggested that the sac should increase the strength of the buyer's organization and get the approval of Xiao Gang, chairman of the SFC.

These two lists all triggered a strong discussion on "a href=" http://www.91se91.com/news/index_s.asp > market < /a >.

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< p > "listed company secretaries should be issued to the trial committee. This is never the case before."

This is the first reaction of an investment bank in Southern China after seeing the list.

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"P" and an investment bank in Shanghai wondered: "I don't understand why we emphasize information disclosure on the one hand and not judge the profitability of the company. On the one hand, we have many investment backgrounds to be issued."

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< p > "according to this list, we will issue the normative legitimacy of the disclosure of the Department's information in the future. The Commission will determine if the value is not worth investing, and whether there is any investment value."

The Southern China investment bank said.

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< p > as the regulator of the capital market, what kind of consideration has been taken to make the above adjustment? < /p >

< p > "in order to implement the supervision concept centered on information disclosure, I will strengthen the information disclosure power of the members of the demand side so as to further enhance the quality of information disclosure by issuers."

A spokesman for the securities and Futures Commission said.

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< p > "for example, the more controversial listed company secretaries when issuing the trial committee, I think that on the one hand is because of the industry is a professional, on the other hand, like the music network (39.600, 2.81, 7.64%), the secretaries have gone through the listing of enterprises, familiar with the doorway of the listing of enterprises, also deep in the capital market for many years, proficient in market value management, compared with accountants, can combine enterprise management and development to consider corporate finance."

Beijing is going to be a listed company.

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< p > a person close to the regulators said to the financial weekly newspaper reporter that the investor of the market buyer has increased the relevant requirements of the new round of the IPO system reform, laying the groundwork for the reform of the IPO system reform, reflecting the diversification requirements and professional supervision ideas of the regulators.

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< p > a point that can not be ignored is that in accordance with the market expected 2015 pition to the registration system schedule, the registration system has been approaching step by step.

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< p > the focus of the "pition to registration system" is centered on information disclosure. The role of the issuance examination committee under the previous approval system is bound to be adjusted along with this change.

Those close to the regulator said.

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"P" spokesman Deng Ge said 1 days ago, the SFC learned the spirit of the July 23rd executive session of the State Council and held a video conference. Xiao Gang said that the meeting of the State Council was of great significance to stimulate the vitality of the entity < a href= "http://www.91se91.com/news/index_c.asp" > Enterprise < /a >, especially the vitality of small and medium-sized enterprises. The meeting put forward ten measures to implement the executive meeting of the State Council.

Among them, we should pay close attention to the reform of stock issuance registration system, so as to disclose a set of distribution arrangements that are expected to be clear and definite.

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< p > a detail that has not yet attracted the attention of the market is that in August 1st, the SFC strengthened the management of the members of the issuance examination committee, the merger and reorganization committee, and further smoothed the channels for reflecting violations of discipline and discipline. New members supervised telephone calls, mailboxes and mailboxes, and publicized them externally.

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