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​Binhu ramps up efforts to help companies go public

(chinadaily.com.cn)
Updated: 2022-05-30

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Experts give a lecture on taxation to companies that plan to go public in Binhu district, Wuxi. [Photo/WeChat account: wxbhfb]

Binhu district in Wuxi, East China's Jiangsu province has been expanding its efforts to help local companies go public.

For example, authorities have invited experts from the Shanghai Stock Exchange and Shenzhen Stock Exchange to offer advice to companies that plan to go public. Training sessions to help these companies make financial plans have also been held.

Authorities in Binhu have also provided guidance on compliance issues related to credit, safety, environmental protection and foreign investment.

The district is currently home to 20 listed companies that have a combined market value of 667.4 billion yuan ($100.01 billion). Four companies in Binhu are ranked among the top 500 listed Chinese companies.

About 15 companies in the district are expected to go public within three years.

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