Jiangxi will use three years to promote 200 high-quality enterprises to complete the shareholding system transformation
Xinhua News Agency, Nanchang, December 20 (Reporter Yu Xianhong) In order to accelerate the high-quality development of enterprises, the Jiangxi Provincial Government has recently introduced measures to implement the joint-stock transformation of companies to be listed on the stock market, and strive to promote 200 high-quality companies to complete the joint-stock transformation in three years.
Focusing on the pain points and difficulties of corporate development, Jiangxi Province’s new "Measures to Promote the High-Quality Development of Listed Companies" has been introduced in 10 aspects including improving the source quality of listed companies, promoting better and stronger listed companies, and promoting the standardized and stable development of listed companies. Specific measures.
For example, support powerful state-owned enterprise groups to carry out mixed ownership reforms, relying on the platform of listed companies to purchase assets through the issuance of shares, mergers and acquisitions, etc. to achieve overall listing.
In order to promote listed companies to become bigger and stronger, Jiangxi encourages listed companies to implement mergers and acquisitions around their main businesses and the upstream and downstream of the industrial chain.
In order to steadily resolve corporate risks, Jiangxi proposed to establish a multi-sectoral joint stock pledge risk handling mechanism for listed companies, strengthen the monitoring and early warning of stock pledge risks, and encourage qualified provincial state-owned enterprises to establish relief funds and issue relief funds in a market-oriented manner Debt, for state-owned capital investment projects or funds with clear relief purposes, compliance with decision-making procedures, and support by local governments, a moderate exemption from risk investigation and corporate indicator assessment.
It is also understood that since the beginning of this year, 16 companies in Jiangxi have submitted IPO applications to the China Securities Regulatory Commission, the Shanghai Stock Exchange Science and Technology Innovation Board, the Shenzhen Stock Exchange’s Growth Enterprise Market, the Small and Medium-sized Board, and the NEEQ Selected Layer. 12 new listed companies were added in the province.