Gem IPO Method Is Expected To Be Completed Within The Year

Song Liping, general manager of the National People's Congress and general manager of the Shenzhen stock exchange, told reporters in an interview with the delegation of Guangdong delegation on the 3 day that the IPO method of gem is being revised. SFC The Shenzhen stock exchange is also actively participating in this work and is confident that it will be able to complete the revision this year. At the same time, she said that the transfer mechanism between different levels of market needs systematic consideration and overall arrangement.

Song Liping said that the issue of entrepreneurship and innovation has become a widespread concern of all sectors of the society. The State Council documents clearly put forward that the growth enterprise market should appropriately relax the financial access standard for innovative and growth oriented enterprises. At present, the gem IPO method is being revised, the SFC is pushing forward this work, and the Shenzhen Stock Exchange has also done a lot of work. "I am confident that I will be able to complete the revision within the year."

Prior to that, the SFC spokesman said publicly that it is studying and revising the IPO method of gem, which will improve the financial access indicators, improve the flexibility of indicators, and expand the depth of service innovation and growth enterprises in the growth enterprise market.

How to build a multi-level system for the transfer of SMEs' share transfer system to the whole country? capital The organic link between markets has become the focus of attention. Regarding the reporter's question about whether the exchange will issue specific implementation rules for direct listing, Song Liping said that the transfer board mechanism is not merely a link between one market and another market, but a systematic and systematic consideration in the whole capital market construction process, and an overall arrangement should be made.

Song Liping also mentioned that she had prepared four or five proposals this year, focusing on two areas:

First, protect the rights and interests of investors, especially small and medium-sized investors. "Last year, I made recommendations on this aspect. Some of them have received a reply. The state office has also issued opinions on the protection of small and medium-sized investors, and some have been implemented." She said that the next step also needs to improve a series of specific issues, such as broadening the channels for judicial relief and improving the efficiency of judicial protection.

The two is to support and promote scientific and technological innovation, improve the system of laws and regulations, and promote the transformation of scientific and technological achievements into productive forces. Song Liping said that the Shenzhen stock exchange is closely related to high-tech parks all over the country, and there are more and more listed companies in the process of cultivation. The survey found that many technological, innovative small and medium-sized enterprises, as well as scientific research institutes developed scientific and technological achievements are idle, and the transformation channels have not been well dredged. The national level, ministries and commissions, provinces and municipalities have issued some regulations, which also have some conflicts. At the same time, the small and medium-sized enterprises in the early stage, their scientific and technological personnel's achievements can be transformed into shares, but there are problems in the links such as the confirmation of rights and pricing, and the implementation is not ideal.

"This year coincides with the NPC's revision of the law of the People's Republic of China on promoting the transformation of scientific and technological achievements, which is a very good opportunity." Song Liping said that the market participants and management departments, including scientific research institutions, universities and enterprises, should jointly discuss this issue seriously, and strive to sort out problems in the process of renovation and promote the transformation of scientific and technological achievements.

At the same time, Listed company One of the most important aspects of quality improvement is technological innovation capability. If a large number of scientific and technological achievements can not be transformed, it will affect the performance of listed companies, which will affect the quality of listed companies, and will also affect the level of investors' return.