New Third Board Selection Session Will Be Issued "Second Reading" And Strive To Start Trading Stocks At The End Of July To Urge Investment Banks To Keep Up With The Pace.

According to the regulations, the new three board listed company will be issued publicly and listed on the selected layer, which must be processed through the declaration, acceptance, examination and inquiry, the listing committee's deliberation, and the approval of the SFC.

Today, the key first time for the listing committee is determined.

On the evening of June 3rd, the national stock transfer system announced that the first selection session of the Listing Committee of the listing committee will be held in June 10th.

On Thursday, the reporter learned from many securities dealers that the national stock transfer system is urging sponsors to keep pace with the regulatory pace, so that the selection layer can be launched in the middle of the year.

"The time of holding the first review conference of the listing committee is an important reference basis for the selection of the first batch of enterprises at the time of landing." On the same day, the respondents pointed out that the national stock transfer system is expected to strive to reach the first batch of open enterprise transactions by the end of July 2020.

Selective panel trial

According to the disclosure, the first selection panel will consider the application of the selected layer of Beijing Yingtai Jiahe biological Polytron Technologies Inc and Shanghai AI Rong software Limited by Share Ltd 2 companies.

Under the approval system, the IPO is examined by the issuance examination committee, and the registered IPO of the science and technology board is audited by the Municipal Committee of the Shanghai Stock Exchange. The new third board selection layer is publicly issued, and it is examined by the listing committee with the characteristics of the new three boards.

Under the approval system, the IPO is examined by the issuance examination committee, and the registered IPO of the science and technology board is audited by the Municipal Committee of the Shanghai Stock Exchange. The new third board selection layer is publicly issued, and it is examined by the listing committee with the characteristics of the new three boards. Gan Jun photo

Today, the first meeting of the Listing Committee of the listing committee will be held at the selected level and the public offering will be held. It will be the first time for the new third board market to examine its own public offering.

This newspaper has previously reported that the first 35 members of the listing committee, apart from the internal members of the national share transfer company, have 7 external members from the SFC system unit, 12 from the law firms and accounting firms and other market organizations, and 6 from the fund companies.

How should the specific listing committee consider the application of the listed companies?

The information obtained from the national stock transfer system shows that the listing committee mainly deliberated on the examination report issued by the national stock transfer company review department and the listed company application listing.

The members of the Listing Committee deliberated on the collegial system, and put forward the deliberative opinions passed or not passed, and signed the confirmation at the scene. In connection with the deliberations of the listing committee, the national share transfer company shall issue self-regulation opinions or make a decision to terminate the listing of the selected layers.

"The collegiate system refers to the form of the registration system of the science and innovation board. In this process, the minority is subordinate to the majority and will not publish the collegiate process." A senior broker from Shanghai Securities brokerage told reporters.

The listing committee shall consider the application for listing of selected layers, organize the deliberation meeting according to ordinary procedures, and the members shall be composed of internal and external members.

At each meeting, 5 members attended the meeting, 4 of whom were external members. The first meeting was deliberated by five members of Xuan Lei, Hou Dinghai, Zhang Fayu, Tang Zhou Jun and Xu Change, of whom Hou Dinghai came from the stock transfer system.

The deliberative meeting mainly includes examination reports, preliminary examination opinions, members' inquiries and members' discussion and formation of Collegiate opinions.

According to the press conference, the members of the conference will submit a question to the Issuer on the basis of the need before the review conference is held, and the issuers and sponsors can ask questions at the scene. In addition, as with the Chuang Chuang board, the inquiry and deliberation results will be disclosed in a timely manner.

At present, during the period of epidemic prevention and control, the reporter has learned that the review conference of the first listing committee of the national share transfer system has taken into account the corresponding arrangement of this factor.

The relevant person in charge of the national stock transfer system told reporters that the conference will adopt the "multi-point online meeting" mode, that is, the representatives of the listing committee, the issuer and the sponsors choose the venues that meet the requirements of the epidemic prevention, and are independent, closed, and can meet the network communication conditions. At the same time, the video conference system will be joined to participate in the online review conference.

As to the issue of identity authenticity, the national stock transfer company told reporters that it will adopt the dual means of "technology + management" to ensure the true identity of the participants and the video conferencing system conforms to the requirements of confidentiality and compliance.

Progress "Keywords"

The national stock transfer system held the first review conference of the listing committee in June 10th, which is an important basis for judging the opening of the selection layer.

According to the current rhythm, the market and regulators are striving to be able to complete the selective landing at the end of July.

The audit rhythm of the first two companies can reflect this race against time.

According to the twenty-first Century economic report reporter combing, the current arrangements will be two enterprises Yingtai biology, AI Rong software is only a round of inquiry.

The two companies completed the declaration of materials in April 27th, that is to say, the two companies completed the audit inquiry in less than a month and a half and were about to enter the deliberation stage of the listing committee.

This is of great reference value to the following enterprises. If the quality of the enterprise is passed, and when the sponsor makes full disclosure of information, the national stock transfer system may allow the enterprise to enter the listing committee's deliberation link with only one round of inquiry.

However, there are also many rounds of inquiries at present. Huang Pu, a senior three board researcher in Beijing, told reporters: "the direction of the national stock transfer system has been very clear. It is not a matter of speeding up the progress of the audit. The enterprises that are doubtful of the quality of the enterprise or fail to respond to the audit and inquiry according to the requirements will be kept on asking. Enterprises with good quality and high quality of information disclosure will be speeded up to the next step as soon as possible.

Reporters also learned that the national stock transfer system at the speed of the audit side, the current participation in the selection of personnel to check overtime is normal.

At the same time, the national stock transfer system also hopes that the sponsor can keep pace with the speed of regulatory audit.

A broker who is close to the national stock transfer system told reporters: "the stock transfer system has made a lot of communication with the securities dealers. I hope that all of them can keep pace with the audit. For example, the enterprises that have been declared over the weekend, the stock transfer system may come out this week. Securities companies should also complete feedback and feedback as soon as possible, so as to ensure the first batch of enterprises as soon as possible.

There are also hints from investment bankers that we should not take the first batch of enterprise audited rhythm as the usual audited rhythm in the future.

"Ke Chuang plate to catch up with the progress of the first batch of opening, also shortened the process of audit in the early stage. The subsequent businesses resumed their normal rhythm, and the time for reporting materials to the market was 9 months to 12 months. It is expected that the national share transfer system will also be like this. The previous Hushan generation believed that.

According to the latest data provided by the national stock transfer system, as of June 2nd, the national stock transfer company has accepted the applications of 47 enterprises to publicly issue shares and listed on the selection tier, and has issued inquiries to 36 of them.

The five major arrangements for the new three board transfer board are the false proposition that a large number of selected enterprises are losing.

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