Guangzhou's Huangpu district celebrated a significant milestone with the successful listing of Guanghe Technology on the Shenzhen Stock Exchange, increasing the total number of listed companies in the district and Guangzhou development district to 84.
This achievement reflects the district's proactive efforts in capital market reforms in recent years. The implementation of the project, named enterprise listing nursery, has been pivotal, providing comprehensive guidance and support to nurture a pipeline of prospective listed companies, now exceeding 350.
A robust service matrix has been established to bolster listing support. Initiatives include the construction of specialized platforms like the Guangzhou Sci-Tech Financial Service Base, offering integrated sci-tech financial services.
Capital support for industries has been reinforced through initiatives like the Huangpu Talent Guidance Fund, catalyzing significant investments and facilitating IPO listings.
The district has strategically encouraged listed companies to invest raised funds in key local projects, fostering industrial upgrading and economic development.
Looking ahead, Huangpu district remains focused on manufacturing-led urban development strategies, further refining incubation mechanisms for listed companies, and leveraging multi-level capital markets to promote the release of high-quality listed enterprises.
These initiatives underscore Huangpu district's commitment to advancing capital market reforms, driving industrial transformation, and propelling high-quality economic development.
The successful listing of Guanghe Technology exemplifies the district's strides in capital market development, signaling continued progress and future opportunities for regional enterprises.