On January 18, Nanjing Hujiang composite materials Co., Ltd. (hereinafter referred to as “Hujiang materials”) was listed on the Beijing stock exchange, and a “specialized and new” small giant enterprise was added to the A-share market. It is reported that in 2020, Hujiang materials was rated as a national specialized and new “little giant” by the Ministry of industry and information technology.
From the lack of interest to the continuous popularity in the past two years, di qianfang, who was once the first batch of special new “little giant” enterprise review of the Ministry of industry and information technology and now serves as the executive director of the “special new” enterprise service center of China Electronic Chamber of Commerce, recalled that the Ministry of industry and information technology began planning the special new “little giant” project in 2016; After that, all localities were organized to declare in 2018. At that time, all parties did not pay much attention to this, so the number of declared enterprises was very small; In 2019, contact all localities again, hoping to submit a list of enterprises. It is in this context that the list of the first 248 enterprises was officially released.
up to now, the Ministry of industry and information technology has published the list of three batches of specialized new “little giant” enterprises, increasing from 248 in the first batch to 1744 in the second batch and then to 2930 in the third batch.
Wang Hong, the national managing partner of KPMG’s investment strategy and M & A financing, said in an interview with the Securities Daily that from the perspective of the specialized special new “little giant” enterprises that have been put into storage by the Ministry of industry and information technology, it has become a synonym for specialized special new “little giant” enterprises to make up for weaknesses, fill gaps, deeply cultivate market segments, focus on R & D, and enhance industrial and capital value.
“specialized special new” thermal value is full
the number of enterprises in Zhejiang, Guangdong and Shandong provinces accounts for the “majority”
with the recent “two sessions” held in many places, the deployment of “specialized and special new” small and medium-sized enterprise development has been incorporated into the key planning of some provinces and cities.
For example, Beijing said that it fully supports the reform of the new third board, makes good use of the Beijing stock exchange, improves the multi-level capital market system, and cultivates and promotes more “specialized, special and new” enterprises to be listed; The goal of Zhejiang Province is to cultivate 100 specialized and new “little giant” enterprises and 20 individual champion enterprises.
Ma Bin, executive vice president of China Association of small and medium-sized enterprises, said in an interview with Securities Daily that specialized new “little giant” enterprises focus on a link in the industrial chain, focus on the core main business, and have strong innovation ability. They have become the key carrier and important part of implementing the national innovation driven development strategy, and become the key carrier and important part of improving the industrial chain, supply chain A solid guarantee for the stability and competitiveness of the innovation chain is not only the strategic focus of China’s transformation of economic structure and layout of future industries, but also an important way for the transformation and upgrading of small and medium-sized enterprises.
According to the data of the Ministry of industry and information technology, 4762 national specialized and special new “little giant” enterprises have been cultivated (excluding the second batch of 160 unpublished enterprises), driving more than 40000 provincial “specialized and special new” small and medium-sized enterprises. From the perspective of the region to which the enterprises belong, the top six in the number of “listed” are Zhejiang Province, Jiangsu Province, Shandong Province, Guangdong Province, Shanghai and Beijing, all of which are more than 250 (Dalian, Ningbo, Xiamen, Qingdao and Shenzhen are listed separately and are not included in the statistical data).
According to Zhou Maohua, macro researcher of China Everbright Bank Company Limited Co.Ltd(601818) financial market department, the regional distribution of specialized Texin “little giant” enterprises is related to the regional industrial system, industrial foundation, factor agglomeration degree, business environment and the support and guidance of relevant industrial policies. generally speaking, in areas with relatively complete industrial chain system, rich elements such as finance and talents, and policy support from relevant industries, there is a greater probability of specialized and new “little giant” enterprises.
“It is reasonable to say that the number of specialized and new ‘little giant’ enterprises in Zhejiang Province and Guangdong Province ranks first.” He Nanye, a special researcher of Suning Financial Research Institute, told reporters that on the one hand, the economies of the two provinces are more active; On the other hand, from the number of A-share IPO companies over the years, the two provinces are also relatively high. For Shandong Province, which ranks third in the total number of enterprises in China, this may have a great relationship with the manufacturing industry as the strength of the province.
continue to fill hard technology
build a strong foundation in manufacturing
When it comes to specialized new “little giant” enterprises, it seems that they are always inseparable from the qualifier “subdivided field”. So, to what extent can the subdivided field be subdivided?
Lu Juncang, Secretary of the board of directors of AVIC Fujida Technology Co., Ltd., listed on the Beijing stock exchange, told the Securities Daily that in 2007, the company issued the first international standard for Asian connectors, breaking the monopoly situation of some developed countries for more than half a century. So far, Fujida has 11 international standards and more than 200 patents, of which more than 30 technologies fill the gap in China. The company has also become the enterprise with the largest number of IEC international standards in China’s RF connector industry, truly realizing the industrial dream of serving the country from “made in China” to “created in China”.
Feng Xiaolin, deputy chief engineer of Guizhou Zhenhua Qunying Electric Appliance Co., Ltd. (hereinafter referred to as “Zhenhua Qunying”), told reporters that as a provincial innovative enterprise, Zhenhua Qunying has mastered the key technologies of relays, contactors and intelligent control modules / components, and has nearly 200 national patents, including more than 30 invention patents. In addition, the company’s products also rank among the top in market share.
It can be seen that deep cultivation in professional fields and focusing on key technologies have increasingly become synonymous with specialized new “little giant” enterprises. And from the perspective of industry distribution, there are 1194 national specialized special new “little giant” enterprises in the mechanical equipment industry, 569 in the computer industry and 434 in the chemical industry. The total number of enterprises in the three major industries is 2197, accounting for more than 40%.
“These three industries account for nearly 50%, which is in line with the basic situation of China’s economic development.” In an interview with Securities Daily, Tian Lihui, President of the Institute of financial development of Nankai University, said that the mechanical equipment, computer and chemical industries not only put more emphasis on the importance, specialization and refinement of “specialization and innovation”, but also an important embodiment of the stage of China’s industrialization and digitization process.
Guosen Securities Co.Ltd(002736) senior researcher Zhang Lichao told reporters that small and medium-sized enterprises specializing in special new “little giants” have long cultivated market segments, strong innovation strength, high market share and mastered core technologies. They are in the key link of the industrial chain supply chain and play an important supporting role in strengthening the chain, solving the “neck” problem and promoting the “double cycle”, Moreover, it can timely connect and adapt to new technologies and their applications, so as to promote the optimization and upgrading of industrial structure.
focus on enterprise growth
the policy is to plant fertile soil for development
Small enterprises support the big market, and small enterprises achieve big undertakings. After combing, it is found that since last year, the national level has successively issued policy documents such as the notice on supporting the high-quality development of “specialized and special new” small and medium-sized enterprises, the list of doing practical things for “specialized and special new” small and medium-sized enterprises, the 14th five year plan for promoting the development of small and medium-sized enterprises, Beijing Hubei Province and other places have also continuously distributed policy red envelopes for the development of “specialized and new” small and medium-sized enterprises.
according to the interviews with a number of small and medium-sized enterprises by Securities Daily, “financial support” is undoubtedly the most sought after by enterprises.
The relevant person in charge of Beijing trusted Huatai Information Technology Co., Ltd. told the Securities Daily that after trusted Huatai was recognized as a specialized new “little giant” enterprise, it enjoyed the preferential policy of “cashing service coupons for small and medium-sized enterprises” launched by Beijing Municipal Bureau of economy and information technology, saving the company’s expenses in personnel recruitment, intellectual property handling and so on.
Li Dongqiang, chairman of Nanjing CLP panda Crystal Technology Co., Ltd. (hereinafter referred to as “panda crystal”), told reporters that after being rated as a specialized and new “little giant” enterprise in 2020, he has received special support funds from the government and priority and preferential policies for the construction of new technological transformation projects, Effectively help the company further expand its industrial scale and production capacity.
Lu Juncang introduced that after being rated as a “little giant” enterprise specializing in Texin, Fujida also received support in many aspects, including financial subsidies, financial support, policy help and so on. For example, in terms of financial subsidies, it has successively won more than 5 million yuan from the state, province, city and district.
although under the support and guidance of policies, the development of specialized new “little giant” enterprises has accelerated in recent years, for such scientific and technological innovation enterprises, whenever and wherever, capital and talents are always the pain points and difficulties that need to be solved urgently.
\u3000\u3000 “For panda crystal, due to the difficulty in R & D, large investment and slow income of some products, it is hoped that the government and relevant parties can organize targeted industry university research cooperation and increase policy support to help enterprises introduce talents and improve the ability of technological innovation and product process R & D, so as to solve the problems of long R & D cycle, high risk and low return on investment. ”Li Dongqiang said.
Feng Xiaolin said that since being selected as a national specialized new “little giant” enterprise, Zhenhua Qunying’s brand effect, industry status and popularity have been further improved. However, in the face of the rapid growth of product orders, the company’s existing infrastructure and production capacity can no longer meet the market demand. It is urgent to raise and strive for project funds, increase investment in scientific research and technological transformation, implement production line transformation projects, and expand R & D and production capacity. In addition, with the development and growth of the company, it is more important to strengthen basic research and scientific and technological innovation. At present, it is necessary to introduce high-end technology and management talents, accelerate the implementation of major key scientific research and technological transformation projects, improve product quality and production efficiency, and help enterprises develop with high quality.
The problem of “insufficient reserve of high-end talents” also occurs in Shandong Wantong Hydraulic Co., Ltd. (hereinafter referred to as “Wantong hydraulic”), a company listed on the Beijing stock exchange. In an interview with the Securities Daily, Wang Wanfa, chairman of the company, admitted that with the acceleration of technological upgrading and the continuous growth of market demand, in order to realize the long-term sustainable development strategy of the enterprise and maintain competitive advantage, the company urgently needs to continue to introduce high-end R & D talents, improve the R & D team and further enhance the R & D strength.
In Tian Lihui’s view, in the future, local governments should continue to promote the reform of release, management and service, create a legal, market-oriented and international business environment, and form a social culture that attaches importance to talents, treats talents well and trains talents, so as to attract more scientific and technological talents.
capital market empowerment
seed enterprises are expected to welcome more funds to “feed”
At present, specialized and new “little giant” enterprises in various segments of China’s advanced manufacturing industry have long become the “heart” of investors and investors.
statistics show that as of January 17, there were 339 specialized special new “little giant” companies in Shanghai and Shenzhen Stock Exchange, with a cumulative initial fund-raising amount of about 205.666 billion yuan. According to the data of Beijing stock exchange, among the 84 listed companies of Beijing stock exchange, 18 are specialized in special new “little giant” enterprises.
Qiao Mo, national head of KPMG state owned assets and state owned enterprise reform and development center and partner of capital market consulting service, said in an interview with Securities Daily that to solve the two core problems restricting the innovation and development of China’s core manufacturing industry, we need to start from two aspects: Capital guidance and talent locking. only from the perspective of capital guidance, we should actively use the leverage function of financial funds to realize the long-term value of rivet technology breakthrough through the combination of industrial funds, state-owned enterprise holding or joint venture and comprehensive financial products. In addition, with the help of the financing facilities of the capital market, it can also provide financial support for specialized and new “little giant” enterprises, and provide a solid foundation for enterprises’ continuous R & D innovation and industrial investment.
Qiao Mo believes that with the deepening of the capital market reform and the continuous promotion of the registration system, the vast majority of specialized new “little giant” enterprises that have not yet been scaled will further obtain the opportunity to test their own value through the capital market, and also win time for the mismatch between their R & D value and profit realization. In general, capital market is the best help to witness and help “little giant” enterprises become “little gold man” supporting China’s industrial backbone.
among the three batches of specialized special new “little giant” enterprises announced by the Ministry of industry and information technology, the number of listed enterprises is only 357, less than 10% of the total.
Ma Bin believes that the small number of listed enterprises is not only related to the fact that most enterprises are not familiar with the capital market, but also affected by the listing cost and the lack of cultivation and guidance of professional institutions. However, with the establishment of the Beijing stock exchange and the gradual implementation of the registration system, the multi-level capital market is expected to make up for the shortcomings of Inclusive Finance and stimulate more innovative small and medium-sized enterprises to pay attention to the capital market in the future to meet financing needs.
According to Li Dongqiang, at present, panda crystal is willing to be listed for financing, and the relevant restructuring plan is being submitted for approval.
Coincidentally, the relevant person in charge of trusted Huatai also disclosed to reporters that the company is actively communicating with the Beijing stock exchange and Haidian District Finance Office to understand the new listing regulations of the Beijing stock exchange, so as to speed up the pace of the company’s listing. Only at this stage, the company is preparing for joint-stock reform.
