Countdown to the transfer of selected enterprises to the stock market in July or now the first "intention sheet"
Moderator Yu Nan: In less than a month, some companies that have been listed on the NEEQ Featured Layer for a full year can apply for transfer listing.
This is only an important step in the comprehensive deepening of the NEEQ reform. Benefiting from the successive implementation of a series of reform measures, people have seen active trading in the NEEQ market and substantial growth in turnover.
At a deeper level, reforms are continuing to deepen to promote the new third board to play a more important role in my country's multi-level capital market.
Today this newspaper launched a report on this.
Our reporter Chang Xiaoyu
It has been less than one month since July 27 that the first batch of selected companies on the NEEQ can apply for the transfer of listing, and the keyword "transfer of listing" has become increasingly popular.
The selected layer of the NEEQ will open for trading on July 27, 2020. According to the requirement that “applications for transfer listing should be listed on the selected layer for one year”, by July 27, 2021, the first batch of 32 selected layers The company will be listed for a full year, when relevant companies will have the basic conditions for the transfer of listing.
Chang Chunlin, founding partner of Beijing Liwu Investment Management Co., Ltd., told a reporter from the Securities Daily that the determination of the NEEQ transfer listing system has enhanced the attractiveness of the NEEQ market and can attract more and more high-quality SMEs to the NEEQ. Listing, thereby improving the overall quality of the NEEQ enterprises, is of great significance to the NEEQ's linking function of the capital market, improving the market ecological structure, and improving the multi-level capital market.
"As one of the cores of this round of deep reform of the NEEQ, the transfer listing system will provide high-quality SMEs with more choices, broaden financing channels and development space." Yuekai Securities Chief Strategy Analyst Chen Mengjie told a reporter from "Securities Daily" , In the future, more companies that intend to IPO on the NEEQ will turn to the selection layer to prepare for the subsequent transfer to the market.
According to the data of national equity transfer companies, since the implementation of the rules for the public offering of stocks at the select level last year, as of June 29, the number of listed companies on the select level of the NEEQ has reached 55, and a total of 13.482 billion has been raised through public offerings. yuan.
Among them, since 2021, a total of 14 companies have completed public offerings, successfully listed on the selected layer, and raised a total of 2.961 billion yuan.
In addition, there are plenty of reserve forces waiting in line for review.
According to data from national equity transfer companies, as of June 29, before the press’s press time, among the applicants that entered the NEEQ Selected tier listing acceptance review process, 20 were in the “accepted” status and 30 were in the “inquired” status. , 4 companies are in the status of “approved by the listing committee meeting” and 58 companies are in the status of “approved”
The countdown to the transfer of listing has entered. Chang Chunlin predicts, “Recently, some NEEQ selected stocks have risen. It is expected that the first batch of selected companies will disclose their intention to transfer listings in July.”
Talking about the current number of selected-tier listed entrepreneurs who meet the requirements for transfer listing, Chen Mengjie analyzed that according to the current transfer listing method, the transfer of selected-tier listed companies to the Science and Technology Innovation Board or the ChiNext must meet the requirements of the Science and Technology Innovation Board. Or the current issuance conditions such as the market value and financial indicators of the ChiNext, and meet the positioning of the Sci-tech Innovation Board or ChiNext, and the number of shareholders of the company applying for the transfer is not less than 1,000, and it is stipulated that there will be 10 million in the 60 trading days before the declaration. Minimum trading volume of stocks.
According to calculations, as of June 29, there are at least 25 selected-tier companies that meet the above requirements. With the recent gradual heating up of the NEEQ trading, it is expected that more companies will meet the conditions and enter the transfer candidate list in the future.
In addition, the first batch of 32 selected-tier companies will be listed on the NEEQ for one full year, and the preparatory work for some companies has been carried out ahead of schedule. In addition, the selected-tier companies have a good standard operation foundation, and the exchange review efficiency is relatively high. Chang Chunlin predicts that the first A transfer-listed company is expected to pass the review at the end of the third quarter and the beginning of the fourth quarter of this year, and be listed for trading within the year.
However, in addition to meeting multiple indicators, these companies also need to complete the relevant process in 2021. It is expected that the number of companies that can successfully transfer to the board this year or in the single digits of the selection layer.
(Securities Daily)