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Hefei hi-tech zone trains enterprises for Beijing bourse listing

Updated: 2021-09-09

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(chinadaily.com.cn)

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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.

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Meiland chairman Xu Zhangcai said his company will aim to get listed on the Beijing Stock Exchange. [Photo/WeChat account: hefeigaoxinfabu]