Peninsula all-media reporters Wang Liping, Xiao Lingling, and Liu Xiaoxiao smiled
In recent years, around the listing of enterprises, Qingdao has continued to exert efforts: in 2019, the offensive combat plan for science and technology leading the construction of the city proposes that by 2022, there will be more than 40 listed high-tech enterprises in the city. The number of listed companies reflects the activity of the local economy and the quality of economic development to a certain extent, in this regard, Jiang Hui, member of the Qingdao Municipal Committee of the Chinese People's Political Consultative Conference and executive dean of the Qingdao Wealth Management Research Institute of Shanghai University of Finance and Economics, will bring about the proposal this time is "suggestions on the overall planning and coordination to promote the listing of Qingdao science and technology enterprises", he said, science and technology enterprises because of their broad market prospects, leading technical advantages are an important part of the reserve army of listed enterprises.
Jiang Hui introduced that at present, the accelerated reform of the registration system will provide a more convenient channel for science and technology enterprises to land in the capital market, and it is expected that in the next few years, especially during the "14th Five-Year Plan" period, the listing of science and technology enterprises will usher in a golden window period.
Although there is a gap in the number, the potential for Qingdao science and technology innovation enterprises to go public is still large. Vertically, in 2018, all 6 enterprises in Shandong came from Qingdao; in 2019, 9 enterprises in Qingdao were listed, setting a new high in the past three decades; and the number of Qingdao enterprises in 2020 is still growing. The eye-catching achievements for many consecutive years reflect the potential of Qingdao's dream capital market to a certain extent. At present, the number of high-tech enterprises in Qingdao has reached 3829, accounting for one-third of the province, of which 27 are listed enterprises, accounting for a small proportion, and the latecomer power of the capital market is sufficient.
After in-depth research, compared with the developed capital market areas such as Beijing, Shanghai and Shenzhen, Jiang Hui introduced that at present, Qingdao mainly has several obvious problems and shortcomings in promoting the listing of science and technology innovation enterprises.
First, the level of enterprises' awareness of the capital market is limited. At present, among the nearly 4,000 high-tech enterprises in Qingdao, most of the enterprises still do not have a deep understanding of the role of the capital market, the willingness and enthusiasm for listing are not high, the awareness and ability to use capital are insufficient, and from the perspective of high-end IPOs and overseas listings, the capitalization and internationalization level of Qingdao high-tech enterprises need to be improved urgently.
Second, the supporting service system for the listing of enterprises is not perfect. Compared with domestic first-tier cities, the number, professional level and service capacity of listed intermediary service institutions such as Qingdao Securities Investment Bank are obviously insufficient. The survey shows that at present, there is only 1 local securities company in Shandong, 0 local securities companies in Qingdao, and there is a lack of accounting firms and law firms listed by professional service enterprises in the entire Shandong region, and some such professional institutions only set up sales branches in Qingdao, which does not have a significant role in promoting the listing business of young enterprises. The recently released ranking of IPO intermediaries (sponsors/clubs/securities companies) on the Science and Technology Innovation Board from January to October 2020 also shows that none of the top ten institutions in Shandong have been shortlisted for the "single number of science and technology innovation board meetings". Qingdao should vigorously strengthen the cultivation and attraction of high-quality service institutions.
Third, capital's support for high-tech industries is weak. In recent years, Qingdao has proposed the goal of building a "global venture capital and venture capital center", introduced a "package" of policy measures to gather global venture capital and venture capital institutions, and continuously stimulated the support of capital leverage through the participation of various venture capital funds through government guidance funds, but from the perspective of the development quality of investment institutions, the scale of Qingdao's local investment institutions is still small and the support role is limited; the number of domestic and international investment institutions and high-end financial institutions in the first line of Qingdao is relatively small.
Based on the above background, Jiang Hui put forward his own suggestions on how to accelerate the listing of science and technology innovation enterprises in Qingdao.
First, the training is accelerated, and the Qingdao Enterprise Listing Service Alliance is formed. With reference to the experience of Shanghai, Shenzhen and other places, form a high-level market-oriented "enterprise listing service alliance", focus on the listing of science and technology innovation enterprises under the background of the registration system, bring together financial institutions, listed companies, scientific research institutes and experts in related fields and other aspects of society, create a multi-level and all-round listing service echelon, set up industrial mentors, listing mentors and scientific mentors, jointly do a good job in the listing service of Qingdao science and technology enterprises, and build a "closed-loop" system of Qingdao listing services.
Second, talent empowerment, continue to strengthen the construction of the listed talent team. Continuously cultivating and attracting high-end talents in the field of listing services is a key measure to accelerate the listing of science and technology innovation enterprises. It is suggested that Qingdao, on the one hand, strengthen the listing training of local science and technology innovation enterprises and executives of enterprises to be listed by carrying out senior management seminars for enterprises to be listed, board secretary qualification training courses, etc., to help them build a comprehensive IPO knowledge system; on the other hand, enrich the way of talent attraction, through the introduction of subsidies, public rental housing, children's schooling and other incentive measures, attract high-end talents from well-known investment banks and intermediary service institutions such as securities companies, law firms, accounting firms and other intermediary service institutions to settle in Qingdao, and continue to add to the listing of Qingdao science and technology enterprises." Talent Engine".
Third, driven by think tanks, set up a listed research institution for science and technology innovation enterprises. Drawing on the development experience at home and abroad and the practices of developed capital market areas such as Zhejiang Province and Beijing Municipality, the relevant departments take the lead, rely on local universities, and cooperate with the Shanghai Stock Exchange, Shenzhen Stock Exchange, authoritative financial media and other institutions to set up a new type of think tank research institute - "Science and Technology Enterprise Listing Research Institute". As a think tank platform for researching science and technology innovation listed companies, the research institute should integrate domestic first-class resources and provide systematic and personalized listing solutions for local enterprises with the purpose of promoting the listing of science and technology innovation enterprises in Qingdao and even the five cities of Jiaodong, and at the same time strive to create a leading collaborative innovation research platform for organic interaction between government, industry, academia and research in China, provide decision-making consulting services and intellectual support for the listing of qingdao government service enterprises at all levels, and comprehensively improve the capital market development level of Qingdao and even the five cities of Jiaodong.
Fourth, financing booster, to build a science and technology enterprises throughout the life cycle of accurate service system. Seize the current new round of scientific and technological revolution and industrial transformation opportunities, focus on the development needs of science and technology enterprises, and build a precise service system for the whole life cycle of science and technology enterprises. On the one hand, encourage incubators to set up investment funds for science and technology innovation enterprises, incubator platforms to set up venture capital funds and equity investment funds for science and technology innovation enterprises in the growth period, and professional accelerator platforms to support industrial investment funds to deepen the development model of "investment + incubation" and help science and technology enterprises accelerate their growth; on the other hand, actively guide all kinds of financial institutions and capital market service institutions to strengthen cooperation with Qingdao incubation institutions, explore and cultivate and build Qingdao's "science and technology innovation small and medium-sized enterprise investment and financing ecosystem", and give play to multi-level, The role of multi-type financing means meets the development needs of science and technology innovation enterprises, especially science and technology innovation small and medium-sized enterprises at different stages, and forms Qingdao's advantages in emerging industries.