Binhai-Zhongguancun Board of Tianjin OTC opens

The opening ceremony of the Tianjin OTC Binhai-Zhongguancun Operation Center and the Binhai-Zhongguancun Board was held in the Baidu (Binhai) Innovation Center on February 6. 

Tianjin Chengxiansheng Technology Co, Ltd and three other companies were listed on the Tianjin OTC Binhai-Zhongguancun Innovation Board while Phtium (Tianjin) Technology Development Co, Ltd and another 20 companies were exhibited on the board. With the improvement and expansion of multi-level capital markets in the Binhai New Area, more and more small and medium-sized enterprises choose the New Fourth Board as the first step into the capital market to seek a broader space for development.

The Binhai-Zhongguancun Board can help boost the real economy.

The Tianjin Binhai-Zhongguancun Science Park signed an all-round strategic cooperation agreement with Tianjin OTC in December last year to build the Tianjin OTC Binhai-Zhongguancun Operation Center and guide enterprises on entering the capital market in an ethical manner. The center will help improve the multi-level capital market service system and financial enabling system and explore financing channels for small, medium and micro enterprises.

Establishing a financial service center optimizes regional development.

The launch of the Tianjin OTC Binhai-Zhongguancun Operation Center and the Binhai-Zhongguancun Board is an important part of the science and technology financial services of the Binhai-Zhongguancun Science Park. Officials of the park said that it will develop more science and technology service modules to provide financial support and related professional services to its enterprises and across the whole Binhai New Area.