Hefei hi-tech zone trains enterprises for Beijing bourse listing
Enterprises in Hefei National High-tech Industry Development Zone in Hefei, capital of East China's Anhui province, were encouraged to prepare for listing on the Beijing Stock Exchange at a training session on Sept 8.
China announced on Sept 2 that the Beijing Stock Exchange will be set up as the primary platform to serve the leading innovation-oriented small and medium-sized enterprises.
The zone is currently home to about 1,500 national high-tech enterprises and has incubated 32 listed companies so far.
Meiland, Hefei-based agricultural chemicals developer, will be applying for listing. Xu Zhangcai, chairman of Meiland, said during the session that the Beijing Stock Exchange provides a new path for SMEs to receive financing by going public.
Officials said the local government will support the listing of high-quality enterprises by providing more training on related policies.
During the session, Zhang Hao from Huatai United Securities introduced the listing regulations and conditions to attendees.
Meiland chairman Xu Zhangcai said his company will aim to get listed on the Beijing Stock Exchange. [Photo/WeChat account: hefeigaoxinfabu]