The Role Of Equity Fund Promotion Is Obvious: Anhui Listed Companies Have The Largest Market Capitalization And The Reserve Resources Are Relatively Abundant.

The listed company is the "leader" on behalf of the regional economic strength, and its development is a barometer of the regional economic development. Recently, the development report of Anhui listed companies (2019) (hereinafter referred to as the "report") was officially released, and panoramic scanning of the development of Anhui listed companies and capital markets was carried out.

It is understood that this annual report was first released last year, and this year is the second. The report was composed by Anhui investment group, United Nations securities, Huaan securities, China University of science and technology, Rong Cheng accounting firm, Haitong Securities, cornerstone capital and other research teams. It was written over five months.

The report shows that in terms of quantity, the characteristics of Anhui A share listed companies can be summarized as "ten million". "A" represents the market place of Anhui listed companies in the central part first, "ten" represents the number and market value of listed companies ranked 10103rd (100 level) listed companies in the country, "thousand" represents a total profit of nearly 100 billion yuan, "Wan" represents the total market capitalization of Anhui listed companies close to one trillion.

At the same time, the reporter noted that the role of private equity funds in promoting the development of Listed Companies in Anhui is gradually emerging. On the one hand, equity investment funds can empower enterprises in terms of industrial development, management mode, management team and capital operation, and help reserve enterprises to go public. On the other hand, after the listing of enterprises, the two sides can set up mergers and acquisitions fund together to help listed companies to enhance the efficiency of mergers and acquisitions, and also bring high returns to equity investment funds themselves.

The listed company is the "leader" on behalf of the regional economic strength, and its development is a barometer of the regional economic development. - Gan Jun photo

Panoramic scanning of listed companies' group ecology

"This is a good research report on the study of the population ecology of a listed company. It provides a new perspective for analyzing the interactive relationship between enterprises and local economy, and has a good reference value for researchers and practitioners." Zhang Yuewen, director of the Financial Research Office of the Financial Research Institute of the Chinese Academy of Social Sciences, said.

He believes that the report itself has three bright points: first, the local people study the local listed companies and get more information. Two, the evaluation of listed companies is relatively objective. It not only points out that the performance of Listed Companies in Anhui is good and the operation is generally stable, but also focuses on the analysis of the differences between the performance of listed companies, the uneven distribution of industries and the lack of innovative output. Third, the report analyzes the listed companies from the perspective of regional economic integration, and puts forward specific suggestions for Anhui listed companies to better integrate into the Yangtze River Delta economic belt and strengthen cooperation with other listed companies in other regions.

According to the report, as of the end of 2018, the total number of Listed Companies in Anhui amounted to 112 (the total number of repeated calculation cases listed simultaneously) was eliminated. Among them, there were 103 listed companies of A share in Anhui, 11 listed on Hong Kong stocks and 1 overseas. The total market capitalization of Anhui listed companies amounted to 936 billion 451 million yuan, accounting for 31.2% of Anhui's GDP in the same year, and the total operating income was 926 billion 906 million yuan, with a net profit of 84 billion 404 million yuan.

"The number of listed companies represents the number of quality enterprises in a region, reflecting the ability of financing development of enterprises in the region." Cai Yong, chairman of the report, Guo Yuan Securities, told the twenty-first Century economic report. Over the years, a number of Anhui listed companies have been developing continuously with the help of capital market. For example, conch cement in traditional industries, Tongling nonferrous metals, HKUST, Y. Fei, sun power and other enterprises have become industry benchmarks with national influence.

Judging from the performance, since 2013, the performance of Listed Companies in Anhui has generally shown a downward trend in the rapid rebound of the V font trend. In 2015, the trough reached a gradual rise. In 2018, the total profits of Listed Companies in Anhui increased by more than 35% over the same period, the highest value in six years. From the perspective of industry distribution, Anhui's A share listed companies cover 13 industries, nearly 7 of which are concentrated in manufacturing industry. In recent years, the number of strategic emerging industries and high-tech industries listed companies in Anhui is increasing.

For Anhui enterprises in the application of the science and technology board, Cai Yong said that at present, Anhui has a big power shield and the two companies to declare the science and technology board, now are in the stage of inquiry. In regard to the business of the state securities company, apart from the declaration of the major powers shield, it has also reserved more than 10 science and technology innovation projects, mainly focusing on the fields of chip manufacturing, artificial intelligence and biomedicine.

"The Anhui provincial government has always attached great importance to the" Chuang Chuang board "work. As early as November 2018, the government promulgated policies to award the private sector enterprises listed on the stock exchange such as Chuang Chuang board and other stock exchanges. In addition, Anhui province has also introduced policies to support the listing of enterprise science and technology board. He said.

Equity fund achievement of listed reserve forces

It is worth noting that private equity funds are playing an important role in promoting the development of Listed Companies in Anhui.

For example, the Chinese rice technology, founded in 2013, quickly entered the fast lane after stepping into the global smart hardware outlet and gaining important investment from millet and Sequoia Capital. The company went public on the New York stock exchange in February 2018 and became the first Anhui listed company to list overseas.

The founder and chairman of CEO, Huang Huang, told the twenty-first Century economic report that he graduated from the University of science and technology and has been doing pioneering work in Anhui, and Hua Mei technology is the fourth company that he founded.

"Insisting on starting a business in Anhui is because there are policies and soil to encourage and support innovation and entrepreneurship. You will get funds, office space and other support to help you get through the most difficult period of entrepreneurship before you have the opportunity to wait until the time window for the industry to break out. Huang Wang said.

He said that there are many colleges and universities in Hefei, which have human resources, R & D resources and industrial resources. When these resources accumulate to a certain extent, technology will start to collide with the strong wind of the industry, and there will inevitably be a number of innovative companies. I believe that in the next 5-10 years, Anhui will generate more high-tech and original technology driven high-speed growth companies.

Private equity fund is a very important booster for enterprise growth. If there is no VC, it is very slow for small and medium-sized enterprises to grow and expand on their own funds, and it is very easy for you to miss the good draught. Huang Wang emphasized.

He said that at present, China's one or two tier capital markets are becoming more and more active. With the help of capital strength, the company has set up two related industrial funds between the Anhui investment group and the investment group. In this mode, some companies are growing even faster than the ones themselves.

It is understood that Anhui also started the establishment of a provincial equity investment fund in 2014 to support the development of innovation and entrepreneurship enterprises. At present, the total scale of the fund reaches 67 billion yuan, and the total amount of funds raised has exceeded 20 billion yuan, and more than 200 projects have been completed. The investment amount exceeds 5 billion 500 million yuan.

The large-scale establishment of provincial equity investment funds has also attracted the influence of cornerstone capital and other private equity institutions, which are influential throughout the country, to participate in the management of sub funds. Zhang Wei, chairman of cornerstone capital, said that as of now, cornerstone capital has set up 56 industrial funds in Anhui. With the support of Anhui provincial equity investment fund, the cornerstone capital has invested nearly 8 billion yuan in Anhui.

In terms of specific projects, in 2016, 100 million health, jointly established by cornerstone capital and senior management team, has become the top ten chain drugstore in the country. At the same time, cornerstone capital is the main investor of Anhui's listed reserve enterprise.

It is understood that the Anhui industrial robotic company robotic company set up in 2007, with the support of cornerstone capital in 2017, completed the acquisition of WFC group, the leading automotive equipment and robotics integrator. After the completion of the merger and acquisition, through a series of industrial integration, the company has upgraded its core competitiveness and overall strength in the field of automotive welding automation, especially in the new energy vehicle aluminum body robot welding, high-speed rail, aviation manufacturing and other fields. At present, the company has declared the scientific creation board, and is now in the stage of inquiry.

"The development of enterprises and the upgrading of industries are all for a long time. Correspondingly, the effectiveness of guided funds can not be immediate." Zhang Wei said that the Anhui provincial equity investment fund has already excavated, supported and nurtured hundreds of new war projects in Anhui Province, giving full play to the leverage of the guiding fund. It will make more and more contributions to the incubation and development of Anhui's strategic emerging industries and the transformation and upgrading of Anhui's industries.

"The seed has been planted, the power of time will make it grow fruitful." Zhang Wei said.