For Chengdu high tech Zone, 2021, which has just passed, is a bumper year in the capital market. In 2021, 7 companies in Chengdu hi tech Zone have successfully listed and traded in a shares, and 4 companies have landed in Hong Kong shares. This figure reached the highest level over the years.
New listed companies are still emerging rapidly. On January 5, 2022, Jiayuan Technology Co., Ltd. (hereinafter referred to as Jiayuan Technology) located in Chengdu high tech Zone made a public subscription, and the company will soon log on the gem. Up to now, the total number of Listed Companies in Chengdu high tech Zone has reached 48, and the number of enterprises that have passed the meeting has reached 7. It is expected that the number of listed companies will exceed 50 soon.
The number and level of Listed Companies in a region are important indicators to observe the economic vitality of the region, and also reflect the local economic development level and gold content to a certain extent. On the other hand, the continuous emergence of newly listed enterprises also benefits from the good local development environment. In this regard, many leaders of newly listed companies have a deep understanding of the good business environment and policy assistance of Chengdu high tech Zone.
“As an enterprise to be listed in Chengdu high tech Zone, we really feel the concern and support from Chengdu high tech Zone in the process of cultivating enterprise IPO listing. In the process of listing, Chengdu high tech Zone has helped enterprises solve many practical problems.” A few days ago, Yin Mingjun, the actual controller and Secretary of Jiayuan technology, said that he believes that the business environment of Chengdu high tech Zone is very suitable for the development of science and technology enterprises here.
Why do many enterprises choose to develop in Chengdu high tech Zone? What are the secrets and logic behind the outbreak of the number of Listed Companies in Chengdu high tech Zone?
the number of listed companies is about to break the 50 mark
In one district, the number of listed companies is about to exceed 50. What does this mean?
Not long ago, Chengdu became the 10th city in China with more than 100 listed companies after Beijing, Shanghai, Shenzhen, Hangzhou, Guangzhou and other cities, and ranked first in the central and western regions. The number of A-share listed companies in Chengdu high tech Zone accounts for nearly 40% of the number of A-share listed companies in Chengdu.
In 2021, 14 companies in Chengdu were successfully listed and traded in a shares, 4 companies landed in Hong Kong shares and 1 company was listed on the Beijing stock exchange. Among them, 7 A-share companies and 4 Hong Kong listed companies are located in Chengdu high tech Zone. At present, the number of listed companies owned by Chengdu high tech Zone has exceeded that of some western provinces; In 2021, there were 16 new listed and conference passing enterprises, setting the highest record in the history of Chengdu high tech Zone and ranking fourth among the national high tech zones, second only to Beijing Beijing Centergate Technologies (Holding) Co.Ltd(000931) , Shanghai Zhangjiang and Shenzhen high tech Zone.
The above data is only a corner of the A-share “Chengdu corps”. If you open the map of the capital market, you will clearly find that at present, Chengdu high tech Zone also has a large number of “reserve” legions. There are 7 enterprises that have passed the meeting. In addition, the listing applications of 6 companies in Shanghai Shenzhen Hong Kong Stock Exchange and Beijing stock exchange have been accepted, 17 companies have been assisted and filed in Sichuan Securities Regulatory Bureau, more than 50 enterprises have completed the share reform, a total of more than 120 enterprises have been listed on the new third board, and more than 1400 enterprises have been listed in Tianfu (Sichuan) joint equity trading center.
“If you look closely again, you will find that in recent years, A-share listed companies in Chengdu high tech Zone, companies listed on GEM and science and innovation board have gradually increased, and their scientific and technological attributes have gradually strengthened.” Wang Lu, director of Minsheng securities investment banking division, said.
In fact, in 2021, the number of listed enterprises in Chengdu high tech Zone showed explosive growth. Seven enterprises successively landed in a shares, including Chengdu Jouav Automation Tech Co.Ltd(688070) , Chengdu Xgimi Technology Co.Ltd(688696) , Sichuan Newsnet Media (Group) Co.Ltd(300987) , Chengdu Olymvax Biopharmaceuticals Inc(688319) , Chengdu Rml Technology Co.Ltd(301050) , Sinocat Environmental Technology Co.Ltd(688737) and visualizing technology, more than twice that in 2020. The seven A-share companies are all companies on the science and innovation board or the gem. In addition, among the four new Hong Kong stock companies, clover bio-b (2197. HK) and conoya-b (2162. HK) are also biotechnology companies.
listed companies in emerging industries continue to emerge
The “blowout” of the number of Listed Companies in Chengdu high tech Zone is by no means an accident. Thanks to the good development environment and industrial policies of Chengdu high tech Zone, many enterprises have settled, bred and developed here.
“More and more high-tech enterprises have achieved further development through financing in the capital market, which is inseparable from Chengdu’s industrial policy. For example, Hitgen Inc(688222) , Chengdu Easton Bio Pharmaceuticals Co.Ltd(688513) and Chengdu Olymvax Biopharmaceuticals Inc(688319) are located in Chengdu high tech Zone. Since 2017, the biomedical industry in Chengdu high tech Zone has been growing at a rate of nearly 20% for four consecutive years.” Wang Lu bluntly pointed out that at present, Chengdu high tech Zone ranks fourth in the competitiveness ranking of China’s biomedical parks, and is the first array together with Suzhou Industrial Park, Beijing Beijing Centergate Technologies (Holding) Co.Ltd(000931) and Shanghai Zhangjiang.
The Chengdu Olymvax Biopharmaceuticals Inc(688319) mentioned by Wang Lu is a typical enterprise developed in Chengdu high tech Zone. Chengdu Olymvax Biopharmaceuticals Inc(688319) is a biopharmaceutical enterprise focusing on the R & D, production and sales of human vaccines. In June 2021, Chengdu Olymvax Biopharmaceuticals Inc(688319) landed on the science and innovation board, with a current market value of about 14 billion yuan.
Wu Wei, Secretary of the board of directors and assistant general manager, told reporters, ” Chengdu Olymvax Biopharmaceuticals Inc(688319) came from Chengdu high tech Zone to attract investment. At the beginning, the Department responsible for attracting investment in Chengdu high tech Zone was also called the Investment Service Bureau, which was very efficient, which left a deep impression on us. Within one month, the company completed the industrial and commercial registration, including the land bidding, auction and listing in the later stage, which was also very smooth.”
Over the past 10 years, Chengdu hi tech Zone has been helping Chengdu Olymvax Biopharmaceuticals Inc(688319) become bigger and stronger. “As a vaccine R & D enterprise, the company’s early investment is also relatively large, and Chengdu high tech Zone also helps the company as much as possible, including corresponding subsidies for some R & D projects and fixed asset investment of the company, which helps the company realize self hematopoiesis and development as soon as possible.” Wu Wei said.
After the opening of the sci-tech innovation board in 2019, Chengdu Olymvax Biopharmaceuticals Inc(688319) decided to go to the sci-tech innovation board for listing and officially declared the next year. “During the IPO queue, some certificates from the government are required. If it can be solved within the Chengdu high tech Zone’s own department, it has been issued in time; if it involves the higher level government, Chengdu high tech Zone also actively helps the company coordinate. In these aspects, enterprises basically don\’t have to worry about it, and it is very smooth.” Wu Wei revealed.
In a good development and business environment, biomedical enterprises are also pouring in. “In recent years, more and more biomedical enterprises, whether overseas Chinese or overseas Chinese, have been settled in Chengdu high tech Zone. Including the reform of registration system, it has also promoted the development of China’s biomedical industry.” Wu Wei said that compared with other regions in China, Chengdu high tech Zone is the first and only park in China that has specially set up a biological industry development bureau for the biomedical industry to plan the development of the biological industry. This also shows that Chengdu high tech Zone attaches great importance to the development of biomedical enterprises.
innovation policies support enterprises to accelerate development
Dozens of enterprises have landed in the capital market one after another, which is inseparable from the continuous improvement of enterprise cultivation and service system in Chengdu high tech Zone. In fact, focusing on cultivating world-class local leading enterprises, Chengdu high tech Zone has issued policies from the perspectives of talent development, innovation platform, intellectual property rights, entrepreneurship incubation, enterprise cultivation, science, technology and finance to promote innovation driven high-quality development, constantly optimize the business environment, cultivate innovative enterprise clusters and promote innovation, Entrepreneurship and creation.
At the same time, Chengdu high tech Zone has also established a four-level gradient cultivation system of “seed Eagle enterprise – gazelle enterprise – Unicorn (potential) enterprise – platform ecological leading enterprise”, and carried out targeted cultivation and support according to the growth needs of the whole life cycle of the enterprise.
In February 2021, Chengdu Jouav Automation Tech Co.Ltd(688070) , which landed on the science and innovation board, is a typical local enterprise growing up in Chengdu high tech Zone. Li Xiaoyan, the Secretary and vice president of Chengdu Jouav Automation Tech Co.Ltd(688070) , told reporters that after graduating from Tsinghua University, Ren bin, the founder of Chengdu Jouav Automation Tech Co.Ltd(688070) , worked in a scientific research unit in Sichuan for more than 10 years and made great achievements in aerodynamics. Later, he founded Chengdu Jouav Automation Tech Co.Ltd(688070) .
“In the early days, the company mainly focused on flight control, and began to make UAVs in 2015. At first, it was a scientific research team. Later, in the process of the company’s growth, it received a lot of support from Chengdu high tech Zone in terms of site expansion, R & D subsidies, market development, enterprise financing, talent introduction and so on.” Li Xiaoyan said.
In 2015, Chengdu Jouav Automation Tech Co.Ltd(688070) completed the first round of round a financing, and the investor is the capital from the eastern coastal areas. At that time, the investor hoped that the company would develop locally, but finally Chengdu Jouav Automation Tech Co.Ltd(688070) chose to stay in Chengdu high tech Zone. “At that time, we stayed in Chengdu high tech Zone. In addition to the founder’s own Sichuan complex, there was a relatively good development environment in Chengdu high tech Zone, including upstream and downstream industries such as aerospace and electronic information.” Li Xiaoyan told reporters.
Chengdu Jouav Automation Tech Co.Ltd(688070) choosing to stay in Chengdu high tech Zone finally proved to be the right choice. Today, the development of industrial UAV industry in Chengdu high tech Zone is in full swing. “In the field of industrial UAVs, Chengdu high tech Zone has a number of high-quality head enterprise resources. In the future, relying on leading enterprises to drive upstream and downstream supporting industries, superimposing policy support and realizing centralized development must have advantages and conditions.” Li Xiaoyan thinks. In addition to Chengdu Jouav Automation Tech Co.Ltd(688070) , in September 2021, AVIC (Chengdu) UAV System Co., Ltd., which is also an enterprise in Chengdu high tech Zone, disclosed the prospectus (application draft) and rushed to the science and innovation board.
There are many enterprises like Chengdu Jouav Automation Tech Co.Ltd(688070) in Chengdu high tech Zone. In order to further boost the development of enterprises, recently, Chengdu high tech Zone proposed to widely solicit “partners” in the next five years, launch an industrial fund totaling 300 billion yuan through government investment and leveraging social capital, customize the whole life-cycle investment and financing service system from angel investment to listing financing for enterprise growth, and release policy dividends to the greatest extent, Strive to build an industry peak with world influence in several subdivided fields.
In addition, in terms of helping enterprises to go public, Chengdu high tech Zone has continuously improved the cultivation service mechanism of listed backup enterprises, and built a one-stop comprehensive service platform for listed backup enterprises around five industrial functional zones, three leading industrial ecosystems and scientific and technological innovation ecological chain, Build a gradient cultivation system for five level listed backup enterprises and a “five modernizations” service system for listing work of “gradientization of listing cultivation, standardization of listing services, individualization of problem solving, chain of supporting policies and systematization of listing training”, so as to boost the development of enterprises in the region.
Next, Chengdu high tech Zone will complete the target of 120 listed backup enterprises, strengthen the listing service policies, and study and improve the whole chain support policies such as restructuring incentives, conversion of share capital incentives, listing incentives, mergers and acquisitions of listed enterprises and refinancing incentives of listed companies; Innovate listed products, promote “stock bond” and “share to loan” products, explore the landing issuance of intellectual property securitization, and boost the development of enterprises.
