Shenzhen is one of the cities with the highest entrepreneurial density in China. Among more than 2.5 million small and medium-sized enterprises, there is no lack of a large number of “little giants” in various subdivided industries and fields, leading enterprises, small and medium-sized board and GEM listed companies. At present, Shenzhen encourages mergers and acquisitions of listed enterprises by supporting private placement and refinancing of listed companies, so as to promote the development and growth of listed enterprises in Shenzhen.
“It would have taken three months, but now the whole process has been completed in less than one month. Now the company’s convertible bonds of 240 million yuan have been successfully issued and will be listed for trading this month.” Silkroad Visual Technology Co.Ltd(300556) Board Secretary Wang Junping said.
Silkroad Visual Technology Co.Ltd(300556) is a listed enterprise. In March 2021, the company decided to issue 240 million yuan of convertible corporate bonds to unspecified objects. In the process of submitting to the CSRC for registration through the review of Shenzhen Stock Exchange, the company was required to supplement whether the listed company and its subsidiaries meet the policy requirements of “double reduction in education”.
The double reduction policy was just announced at that time, and the company had never encountered it. How to explain? How to check? How to obtain supporting documents? The company found the SME Service Bureau. The special affairs office of the Bureau creatively issued a special work coordination letter for the company, and finally completed the whole process within one month.
For listing services, Shenzhen has formed an “industrial cultivation” model with distinctive Shenzhen characteristics. For example, Shenzhen is vigorously promoting the “Xingyao Pengcheng action”. By implementing 12 tasks, such as establishing the city’s enterprise listing database, building the “Xingyao Pengcheng” enterprise listing one-stop service platform, improving the enterprise listing coordination mechanism, strengthening tax support services, promoting the implementation of fund-raising and investment projects, solving the housing of the headquarters of listed companies and improving the level of socialized services, Shenzhen will strive to exceed 600 listed enterprises at home and abroad by 2025. (Cheng Hongxia)
