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The second season of "Qingdao Talent Story" | Chang Xin: Willing to be a gardener and grow with small and medium-sized enterprises

author:Himalayan Qingdao
The second season of "Qingdao Talent Story" | Chang Xin: Willing to be a gardener and grow with small and medium-sized enterprises

Chang Xin, talkative.

Speaking of capital, his spirit suddenly burst out of the black-rimmed glasses.

When it comes to students, they are all worth hundreds of millions, and he is like a family treasure.

The second season of "Qingdao Talent Story" | Chang Xin: Willing to be a gardener and grow with small and medium-sized enterprises

Under the "sea" for enterprises to make up lessons

If you compare listed companies to college students, Qingdao Blue Ocean Equity Exchange Center is a college preparatory class. Chang Xin, a leading talent in Taishan Industry in Shandong Province and general manager of Qingdao Blue Ocean Equity Exchange Center, is the class teacher of this "preparatory class". Chang Xin, who used to be in charge of the service work of listed enterprises in the government, has a comprehensive understanding and profound understanding of the difficulties and pain points of enterprise listing.

When working in the government, what impressed Chang Xin the most was that in the early stage of development, the non-standardized and imprecise operation of the enterprise laid hidden dangers for landing in the capital market in the future. Nowadays, in Qingdao Blue Ocean Equity Exchange Center (hereinafter referred to as "Blue Ocean"), they can "tutor" and "make up lessons".

There is a blue ocean on the shore of the blue ocean

In March 2014, the Government Work Report of the State Council proposed to accelerate the development of multi-level capital market construction. In the same month, the Qingdao plan landed, and the Qingdao Blue Ocean Equity Exchange Center was inaugurated in this context. So far, the Shandong regional stock exchange market has formed a "Gemini" pattern with "Qilu" in the west and "blue ocean" in the east. The "base areas" of Blue Ocean cover the six cities of Qingdao, Yantai, Weihai, Weifang, Dongying and Rizhao.

How to quickly break the situation in the short term and fire the first shot, the entire capital market in Shandong is looking at the blue ocean, and the pressure of Chang Xin can be imagined.

Seven or eight people, while renovating, while starting a business.

The second season of "Qingdao Talent Story" | Chang Xin: Willing to be a gardener and grow with small and medium-sized enterprises

When the platform was first started, Chang Xin and his friends often slept in the company, and when they got up, they ran to the outside world. When contacting customers, they should start from the most basic regional stock exchanges little by little, both thoroughly and quickly let local governments, enterprises, and intermediaries recognize the value of the blue ocean.

After two months of trial and error, Blue Ocean ushered in the first batch of 13 enterprises, and the first shot was launched.

Achieving others is the greatest achievement

In eight years, the number of companies listed in Blue Ocean has grown from 13 to 1927. Every business listing requires counseling from gardeners.

The second season of "Qingdao Talent Story" | Chang Xin: Willing to be a gardener and grow with small and medium-sized enterprises

Near the water terrace. The first company to settle in the blue ocean, it is in the same park as the blue ocean. At that time, the company developed to a certain extent and needed to understand the capital market. However, in terms of capital cognition, enterprises are still a "small white". Equity, debt, and equity incentives are unknown, and the only financing method in hand is bank loans.

Today, the company has raised more than 30 million yuan in Blue Ocean. The person in charge of the enterprise gave such feedback: settling in the blue ocean is not how much money to raise, but more importantly, it is clear what is equity, what is convertible bonds, what is equity incentives; when to use debt, when to use equity, how to combine stocks and debts, and how to link investment and loans.

Watching the "students" graduate one by one, Chang Xin's heart was particularly warm. "Our role is to help companies enter the capital markets and find the right place," he says. Cultivating enterprises from the OTC to the main board, the ChiNext board, the science and technology innovation board, and even the Beijing Stock Exchange, and even H shares and overseas, then it is our most important achievement and the greatest significance of our existence. ”

Let talent companies not worry about money

The competition in the current society is, in the final analysis, the competition of talents. The transformation of talents is inseparable from capital. In the past, where there was more money, where the talent ran; now, where the talent is, the money is there.

As early as 2017, the Blue Ocean Equity Exchange Center founded the "International Talent Innovation GEM". The purpose is to let talents on the road of entrepreneurship, less troubled by funds, less to take a few turns.

Jimo is a high-tech enterprise led by talents, with academician workstations and provincial key laboratories. When enterprises put forward financing needs, they have already mortgaged everything they can bet on, and it is very difficult to obtain funds in traditional financing channels. Through due diligence, Blue Ocean has found a path: through flexible talent financial policies, in the form of "Jimo District Small and Medium-sized Micro and Small Private Enterprise Innovation and Entrepreneurship Support Plan" convertible bond investment, invested 5 million yuan in enterprises, helping enterprises alleviate financing problems.

In March 2020, during the epidemic, the company was once again in a funding shortage. Blue Ocean immediately followed up with an equity investment institution registered by the fund workshop and made an equity investment of 19 million yuan in the enterprise. This money helped the company obtain land certificates, real estate certificates, and core equipment to be put into production. By the end of 2020, the company's sales exceeded 100 million.

Do a good job of group leader and make a big circle of friends

Chang Xin will explain the difficult financing in the language of image, he said that the company entered the blue ocean equity trading center, that is, into the circle of friends of the government and various social resources, the more friends, the more helpers.

Up to now, the Blue Ocean Equity Exchange Center has achieved diversified financing for more than 30 "talent board" enterprises totaling 240 million yuan.

Blue Ocean is both a market and a platform, and only when the platform is stronger can the market have enough attractiveness. Through the internal and external introduction, the fission and incubation of the service ecology are formed. At present, there are more than 300 accounting (firms), law firms and investment companies in Blue Ocean, with nearly 3,000 people.

In recent years, the platform has supported about 1,900 listed companies and 3,000 display companies, with a market volume of nearly 5,000. Blue Ocean has grown into a three-dimensional market system with complete promotion layer, service layer, drive layer and ecological layer.

The original intention does not change The mountains are high and the waters are long

Talking about the original intention, Chang Xin summed up a sentence: grow together with the enterprise and make financing more convenient. "We hope to work with the team and relevant institutions to create a small ecosystem suitable for the growth of small and medium-sized enterprises, with capital elements as the link." On the basis of this ecosystem, more small and medium-sized enterprises can step onto higher or better capital markets. The development of enterprises in reverse will help our regional economy and even the real economy of the country to develop better and faster. ”

The second season of "Qingdao Talent Story" | Chang Xin: Willing to be a gardener and grow with small and medium-sized enterprises

When it comes to the future, Chang Xin's ambition to cultivate small and medium-sized enterprises has not changed: to be a gardener of small and medium-sized enterprises and a paving stone for small and medium-sized enterprises.

It is his mission to help, accompany, supervise and encourage primary school students to become the pillars of talent, so that more small and medium-sized enterprises can enter the ocean of the capital market.

Text/ Zhou Qi

Photo/ Wei Jichen

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