On May 17, the national share transfer company released the preliminary screening list of the second batch of listed companies to be transferred to the innovation layer in 2022 (hereinafter referred to as “the second batch of companies to be transferred to the innovation layer”), with a total of 322 companies to be transferred to the innovation layer.
The national share transfer company said that among the second batch of companies to be promoted, 308 companies planned to be promoted according to the net profit or income standard (i.e. standard 1 or standard 2). These companies showed good profitability or growth. In 2021, the average operating revenue was 370 million yuan and the average net profit was Wuhan Huazhong Numerical Control Co.Ltd(300161) million yuan, 53.90% and 200.11% higher than the listed companies that have disclosed their annual reports. The average return on net assets reached 17.45%, 10.61 percentage points higher than the listed companies that have disclosed their annual reports. The average annual compound growth rates of operating revenue and net profit in the past two years were 22.47% and 43.68% respectively, 15.06 percentage points and 33.19 percentage points higher than those of listed companies that have disclosed their annual reports.
Among these companies, 221 meet the financial conditions for listing on the Beijing stock exchange. Nearly 50% of the companies have a net profit of more than 25 million yuan, and the 47 companies with a profit of more than 50 million yuan have a year-on-year growth rate of net profit in 2021 and an average annual compound growth rate of more than 40% in recent two years, showing the characteristics of high profit and high growth. There are 36 national specialized and new “little giant” enterprises.
Among the second batch of companies to be listed, two companies engaged in electronic equipment manufacturing plan to enter the layer according to the R & D investment standard (i.e. standard 3), and have disclosed relevant announcements and special opinions of accounting firms as required. Among them, one company’s R & D expenses exceed 90 million yuan, which has met the R & D standards listed on the Beijing stock exchange, with prominent innovation attributes. Twelve companies intend to enter the market according to the market value standard (i.e. standard 4), mostly high-tech enterprises such as new drug research and development, photovoltaic power generation and new material production. In addition, the magnetic separation equipment produced by the company was recognized as the national single champion product. In 2021, the net profit doubled year-on-year after deducting non profits, and the performance increased significantly.
After the release of the preliminary screening list of the second batch of companies to be promoted, the national share transfer company will adjust the preliminary screening list according to the objection, and make a formal decision on promotion after performing the specified procedures. Since the start of this layered adjustment, the national stock transfer company has overcome the impact of the epidemic, steadily promoted various work through online Q & A, remote submission and other ways, and received positive response from all parties in the market.
The new measures for the growth of small and medium-sized enterprises have been revised from the first half of this year to the second half of this year, and the new measures for the growth of small and medium-sized enterprises will be implemented smoothly from the first half of June to the second half of this year. According to the revised layered management measures, there are four sets of standards for innovative layered conditions, focusing on net profit, income growth, R & D investment, market value and other conditions respectively. The specific indicators are closely connected with the listing conditions of the Beijing stock exchange and open the gradient, reflecting the progressive market pattern at all levels.
Next, the national stock transfer company will continue to fully support all parties in the market to do a good job in epidemic prevention and control. Companies whose issuance and financing, annual report disclosure and other work are delayed due to the impact of the epidemic can participate in the third level implementation in 2022 in June.
