Li Yan of Beijing Municipal Financial Supervision Bureau: Give full play to the role of the Beijing base of the New Third Board And support the standardized development of enterprises from an early age

Li Yan, deputy director of the Beijing Municipal Financial Supervision and Administration Bureau, said at the unveiling ceremony of the Beijing base of the national stock transfer system (New Third Board) on September 7 that after years of cultivation, Beijing has formed a very good financing ecology that supports the innovative development of enterprises, from angel investment to venture capital, to the fourth board, the new third board, and now to the Beijing Stock Exchange, forming a full chain of financing support system covering the whole life cycle of enterprises, and the service for the whole life cycle of enterprises is very important.

"Innovative SMEs are also a living organism in themselves, from the seed stage, the growth stage to the maturity period, the entire life cycle is in need of financing services." Li Yan introduced that as of now, there are 66 selected layer enterprises on the New Third Board, of which 10 are Enterprises in Beijing, and 311 selected layer enterprises have been counseled and filed nationwide, of which 44 are Beijing enterprises, which rank first in the country, and Beijing is also in the forefront in the number and quality of listed enterprises.

The signing ceremony of the memorandum of cooperation between The National SME Share Transfer System Co., Ltd. and Beijing Equity Exchange Center Co., Ltd. was also held at the same time. Li Yan said that the main purpose of the signing of the memorandum is to jointly build the Beijing base of the New Third Board, and the two sides will carry out in-depth docking cooperation in the incubation and cultivation of enterprises, business training, investment and financing docking, and investor education. According to statistics, among the enterprises served by the Beijing Equity Exchange Center, 113 companies have been successfully listed on the New Third Board.

Li Yan said at the unveiling ceremony that in the next step, the Beijing Municipal Financial Supervision Bureau will continue to do a good job in Beijing's financial services together with the New Third Board, the Fourth Board, the Beijing Securities Regulatory Bureau and other departments, continuously optimize the business environment, better play the role of financial service stewards, give full play to the role of the Beijing base of the New Third Board, support the standardized development of enterprises from an early age, reserve and deliver more high-quality enterprises for the multi-level capital market.