Message From The Helmsman Of Science And Technology Innovation Board 2021: 300 Billion Feed Back Industrial Circuit, Prepare For 21.5 Billion R & D And Leverage Technological Innovation

The science and technology innovation board has been running smoothly for about a year and a half, and its performance is very impressive: as of December 24, the stock prices of 210 companies have increased by 125.9% on average compared with the issuance price; since the launch of the science and technology innovation board 50 index, it has performed steadily and outperformed the market.

As of December 24, the "pool" of the science and technology innovation board has further expanded, accepting more than 500 enterprises, increasing the number of listed companies to 210, and increasing the market value of the board to 3.59 trillion yuan, which has initially become the gathering highland of science and technology innovation enterprises.

The 21st century economic reporter conducted a panoramic scan of these 210 companies, and interviewed the helmsmen of several science and Technology Innovation Board companies to understand the role of science and technology innovation board in promoting enterprise scientific and technological innovation, and how enterprises can continue to make use of the science and technology innovation board to become bigger and stronger.

Information map.

New generation industry gathering Highland

"The science and Technology Innovation Board focuses on science and technology innovation enterprises, forming a unique aggregation effect of science and technology innovation board." Guangfeng technology chairman Li Yi said in an interview.

From the statistical data, the characteristics of industrial agglomeration are obvious. Among the 210 companies, the new generation of information technology (including integrated circuit) and biomedical field accounted for 54%, respectively, 67 and 47, respectively, and 46, 25 and 25, respectively, of high-end equipment, new materials and energy conservation and environmental protection.

Yin Zhiyao, chairman and CEO of Zhongwei company, pointed out that the science and technology innovation board has played a huge role in boosting the development of China's integrated circuit industry. "The high-end equipment industry has the characteristics of long development time, high development cost and monopoly of the market by international giants. The development of high-end semiconductor equipment industry can not only rely on market mechanism and single enterprise's single fight. To achieve leapfrog development, the industry must have the government's key promotion, the deepening of macro-control and relevant policies, and the joint efforts of funds and talents."

From a regional perspective, the Yangtze River Delta has become a cluster of science and Technology Innovation Board companies. The top five provinces / municipalities directly under the central government with the number of science and Technology Innovation Board companies ranking first are 41 in Jiangsu Province, 36 in Shanghai City, 34 in Beijing City, 29 in Guangdong Province and 17 in Zhejiang Province.

By the end of December 24, the stock prices of 210 companies had increased by 125.9% on average compared with the issuance price. Among them, Shanghai silicon industry had the highest relative increase, reaching 744%. Oriental biology, Jinshan office, Anji technology, Longteng optoelectronics and GuoDun quantum also increased by more than 500%.

The total market value of 210 companies on the science and technology innovation board has reached 3.59 trillion yuan, with an average total market value of 17.11 billion yuan, with a median of 6.962 billion yuan. Four companies with a market value of more than 100 billion yuan, including SMIC international, Jinshan office, voice holding, and conconor, are listed.

Judging from the performance of the listed companies, 210 Sci-tech Innovation Board companies also live up to expectations. In the first three quarters of this year, 210 listed companies on the science and technology innovation board achieved a total operating revenue of 216.59 billion yuan, with a net profit attributable to the parent company of 25.77 billion yuan and a net profit of 19.26 billion yuan after deducting non attributable net profits.

Support technological innovation and breakthrough

The ultimate goal of the science and technology innovation board is to support more high-quality leading listed companies to play a leading role through the capital market. The most direct performance is the financing ability of the science and technology innovation board.

The total amount of funds raised by 210 science and Technology Innovation Board companies was 299.95 billion yuan, with an average net fund raised of 1.428 billion yuan, with a median of 835 million yuan. The maximum value was 53.230 billion yuan of SMIC international, and the minimum value was 108 million yuan of Shangwei new materials.

Behind the one-off financing is the power source for Chinese science and technology innovation enterprises to absorb "living water" and fully grow.

Li Yi said, "after landing on the science and technology innovation board, the financing channels are diversified, and Guangfeng technology has more opportunities and ways to carry out extensive and endogenous development through capital operation, expand business layout, and continuously improve the competitiveness of the industry."

It is reported that about half a year after landing on the science and technology innovation board, Guangfeng technology increased the capital of its wholly-owned subsidiary Hong Kong Guangfeng by US $18.2 million, which was used to acquire 36% equity of GDC BVI, a subsidiary of GDC, and further broadened the industrial layout of digital film projection industry.

"After landing on the science and technology innovation board, the company has improved its governance ability and standardized operation level, enhanced its financing ability, ensured the continuous investment of its core business, enhanced its scientific and technological innovation ability, and promoted the industrial upgrading and the realization of its business objectives. The company has issued an equity incentive plan to retain core talent and improve operational efficiency. " Tianyi Shangjia said in an interview.

Ji Xinhua, founder and chief executive officer of youkede, said that cloud computing is an industry that needs constant investment in capital and assets. The scientific and technological innovation board supports the company in terms of capital, so that the company can have more funds for expansion and development.

Zejing pharmaceutical, the first company to adopt the fifth set of standards to be listed, benefited from the continuous investment in research and development of the science and technology innovation board. Sheng Zelin, chairman and general manager of Zejing pharmaceutical, told reporters, "through listing on the science and technology innovation board, the company has obtained the necessary funds and resources, which has provided guarantee for the company to promote the preliminary and clinical research of several drugs under study, as well as the commercial preparation of class 1 new drug donafinil. At the same time, the listing also enhances the company's attraction to outstanding talents. "

The relevant person in charge of No.9 company said that the company has obtained investment opportunities, channels and volume from the capital market through the science and technology innovation board, which is very encouraging to the company. The science and technology innovation board provides a platform for No.9 company to show itself to investors. At the same time, it reduces the threshold for the company to embrace the capital market, increases the attention of capital to the company, and attracts more capital to flow to the company, which is really helpful to the development of the company.

The science and technology innovation board is still showing demonstration effect. Ji Xinhua told reporters, "after our listing, many companies are very excited, because ucloud, as a start-up enterprise without bat capital background and also facing the competition from giants, develops to the scale of listing, which is an incentive and encouragement for them. We hope that more cloud computing peers will develop rapidly and drive the market prosperity together. "

In the first three quarters of this year, the total R & D expenditure of 201 science and Technology Innovation Board companies reached 21.5 billion yuan.

Looking forward to the future, what expectations do these enterprises have for the development of the board?

Ji Xinhua said, "the company's performance growth is very good, next year we want to continue to play the advantages of listed enterprises, expand the scale, improve revenue and growth." "In the future, we will make use of the platform of science and technology innovation board, deeply cultivate the industry, and combine with the development strategy to continue scientific and technological innovation, so as to further enhance the public image and popularity of enterprises." Tianyi Shangjia relevant person in charge said.

Yin Zhiyao hopes to give more support to science and technology innovation enterprises in terms of capital, talents and industrial integration. The contradiction between huge R & D investment and enterprise profit is one of the bottlenecks of IC industry. He suggested capitalization of R & D investment, encouragement of refinancing investment and M & A. In the aspect of M & A, it is suggested that regulatory authorities should give more lenient policies in valuation and goodwill impairment.

(our reporter Zhou Ying also contributed to this article.)

?