“Southeast Xingsheng, three Wu cities, Qiantang has been prosperous since ancient times.” Overlooking from the main venue of the G20 Hangzhou summit, the Qiantang River swallows thousands of miles of gas, carries thousands of miles of clear water, and flows eastward into the vast The Pacific Securities Co.Ltd(601099) .
Hangzhou, nurtured by the Qiantang River, Zhejiang’s “Mother River”, has outlined a unique “Hangzhou plate” in China’s capital market with the attitude of a striver and driven by innovation: an industrial and capital pattern driven by the “Phoenix action” plan, private enterprises as the main body and the “Digital Economy + new manufacturing” dual core.
On December 23, with the listing of Yong’an futures, the camp of “Hangzhou native” domestic listed companies (including a and B shares) will reach 200. Three days ago, the “most expensive new share” of a shares, Hemai shares and Baicheng pharmaceutical, a leading innovative drug, were listed on the same day.
Combing the development context of “Hangzhou plate”, in 1993, “the first share of traditional Chinese medicine” Tianmu pharmaceutical was listed, and Hangzhou launched the “first shot” to land in the capital market. Since then, after 23 years of “accelerated running”, there are 100 listed companies in Hangzhou, becoming the fourth city with three digit listed companies after Beijing, Shanghai and Shenzhen. Since then, the number of Listed Companies in Hangzhou has remained stable in the position of “the fourth city in China” for many years.
Why can Hangzhou? In addition to the east wind of the capital market registration system reform, the implementation of Zhejiang’s “Phoenix action” plan in 2018 injected a stronger impetus into this “accelerated run”. In the past three years, Hangzhou has added about 70 domestic listed companies, with an increase of 40 this year alone. From accelerated take-off to full speed running, the journey to reach the “second 100” in Hangzhou took only five years.
The Star River is brilliant, looking at the Big Dipper, bravely standing at the head of the tide and rising with the waves. With the promotion of “Phoenix action 2.0” and the “14th five year plan”, it can be predicted that Hangzhou enterprises will usher in more vigorous development and the momentum of landing in the capital market will be more rapid.
listed “accelerated run” with a market value of 3.33 trillion
The 6-digit stock code highlights the “high-quality” identity of the enterprise, and reflects the high-spirited regional industrial ecology behind it.
throughout the 200 families of “Hangzhou nationality” listed companies, the total market value exceeds 3.33 trillion yuan, 4 have a market value of more than 100 billion, and 65 have a market value of more than 10 billion. Among them, the security industry giant Hangzhou Hikvision Digital Technology Co.Ltd(002415) took the lead with a market value of 475.3 billion yuan. As of the third quarter of this year, the total operating revenue of Hangzhou listed companies exceeded 1510 billion yuan, with a loss ratio of only 5.6%.
What can directly reflect the productivity level of a city? The answer is manufacturing.
From the perspective of industry distribution, since 2020, the newly listed enterprises in Hangzhou have concentrated in the fields of traditional manufacturing, biomedicine, new materials and enterprise services, with a relatively high proportion of industries, reflecting the positive results achieved by Hangzhou’s “new manufacturing plan” in recent years.
In addition to Alibaba, “the first share of data intelligence” Merit Interactive Co.Ltd(300766) , “the first share of online Red e-commerce” Ruhan holdings, “the first share of Chinese member e-commerce” gathered, “the first share of global blockchain” Jianan Technology… A large number of new economies and new business formats have emerged in the global capital market, highlighting the foundation and foundation of “the first city of digital economy”.
More real industries are in full bloom, mainly private. “The first share of Chinese bean products” ancestral food, “the first share of life and health” Hangzhou Alltest Biotech Co.Ltd(688606) , “the first share of Chinese chopsticks” Suncha Technology Co.Ltd(001211) , “the first share of Chinese scissors” Zhang Xiaoquan Inc(301055) … Of the 200 listed enterprises in Hangzhou, 153 are private enterprises, accounting for 76.5% of the whole, accounting for more than two-thirds.
From the place of listing and landing, “Hangzhou plate” covers Shanghai Stock Exchange, Shenzhen Stock Exchange and Beijing stock exchange, and involves various plates such as main board, science and innovation board, gem and small and medium-sized board.
In July 2019, Hangzhou reaped the first scientific innovation board company Zhejiang Hangke Technology Incorporated Company(688006) . “Listing is just the starting point.” Cao Ji, chairman and general manager of the company, said emotionally, “the listing of the science and innovation board has pushed Zhejiang Hangke Technology Incorporated Company(688006) to a new historical height, which is a very important milestone in the development history of Zhejiang Hangke Technology Incorporated Company(688006) , bringing us closer to the corporate goal of the world’s well-known intelligent lithium battery equipment provider.”
On November 15 this year, as one of the first listed companies to land on the Beijing stock exchange, guangmai technology was officially listed on the selected layer of the new third board, becoming the first in Hangzhou. “This is a very important historic moment for the company.” Zhao Guomin, chairman of guangmai technology, said that listing on the Beijing stock exchange will get great help from the capital market and realize the sustainable, rapid and healthy development of the company’s business.
“waiter” service
create a new ecology of high-quality development
The wonderful picture has changed from ideal to reality. Its strong driving force comes from the rapid progress of capital market reform, the endogenous market driving force of enterprise subjects, and the help of government policies at all levels. The increasingly perfect capital ecology has injected strong attraction and centripetal force.
In Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) district (Binjiang), starting from No. 6 Fengfeng Avenue in the East and Jiangling road in the west, it is a “Internet of things Street” with a total length of less than 2km. This trail, which can be completed in only 20 minutes, gathers 13 listed enterprises such as Hangzhou Cncr-It Co.Ltd(300250) , Dbappsecurity Co.Ltd(688023) , Hangzhou Hikvision Digital Technology Co.Ltd(002415) , Joyware Electronics Co.Ltd(300270) and Geely Holding Group, with a total market value of more than 900 billion yuan. It is known as “the most expensive street in Hangzhou”. Binjiang has also become the city with the largest number of listed enterprises in Hangzhou and even Zhejiang Province.
Binjiang District is only an epitome of the “Hangzhou plate”. From the perspective of Hangzhou, by the end of 2020, only high tech Zone (Binjiang) and West Lake District with more than 20 listed companies; In 2021, Shangcheng district also has more than 20 listed companies, and Gongshu and Xiaoshan districts have nearly 20 listed companies. In addition, there is a big gap between Yuhang District and Qiantang district and Linping District in 2020, and the number of the latter has been equaled in 2021.
Why can a large number of enterprises take root, blossom and bear fruit in Hangzhou? Good policies, good services and sufficient development space are the key elements of the answer.
“shopkeeper” considerate service is a “standard” for governments at all levels in Hangzhou to provide excellent services, seek policies and build a platform to promote the high-quality development of listed companies.
In recent years, under the guidance of the “Phoenix action” plan, Hangzhou has fully mapped its industrial advantages to the capital market, solved problems and enabled enterprises to take advantage of the capital market, and made new achievements in the city’s listing work. At the same time, it has gradually formed a dual core driven industrial pattern of “digital economy + new manufacturing”, cultivated a number of strategic emerging industries and future industries, and attracted a large amount of capital inflows.
On December 17 this year, Hangzhou local financial supervision and administration released the latest version of the “list of key enterprises to be listed in Hangzhou”, which is the seventh list dynamically updated since September 2018. Compared with the list released in November 2020, the number of enterprises on the list has expanded significantly, from 139 to 190. “For the cultivation of key enterprises to be listed, Hangzhou has achieved precision and long-term effect, and is the first city to include the market value standard.” The relevant person in charge of Hangzhou financial regulatory bureau said that in 2018, Hangzhou issued the identification methods for key companies to be listed, taking “obtaining investment shares from more than two well-known investment institutions and the valuation of the latest round of financing enterprises reaching US $100 million (or equivalent RMB)” as one of the identification standards.
This forward-looking and innovative approach has catalyzed the rapid rise of a number of growing high-tech enterprises. After the establishment of the science and innovation board, prepared Hangzhou “hard core” enterprises successively landed on the science and innovation board. So far, there are 21 Hangzhou listed companies on the science and innovation board.
The reporter learned that since the beginning of this year, Hangzhou financial regulatory bureau has helped 13 enterprises such as Hemai Co., Ltd. and Jingye intelligence connect with the financial regulatory authorities in Hangzhou, and coordinated policy support and designed listing paths for them more than 50 times; Go to Youjia precision and other enterprises to be listed to carry out face-to-face centralized discussion and guide the listing work hand in hand. Recently, guangmai technology, which has been listed for one month, received a listing reward of 3 million yuan allocated by the development and Reform Bureau of Hangzhou Gaoxin Rubber & Plastic Materials Co.Ltd(300478) district (Binjiang).
It is understood that under the strategic guidance of the urban model of high-quality development and construction of common prosperity demonstration area, Hangzhou will soon launch the upgraded version of “Phoenix action”, further strengthen efforts to accelerate the listing process of Hangzhou enterprises, and strive to build Hangzhou into a regional innovative capital resource center.
(Shanghai Securities News)
