China News Agency, Beijing, November 22 (Reporter Chen Kangliang) With the successful listing of Guangdong Dingtai High Technology Co., Ltd. and Matrix Design Co., Ltd. on the 22nd, the number of A-share listed companies in China has reached 5,000.
Cheng Fengchao, a member of the Academic Advisory Committee of the China Association of Listed Companies (Shanghai Association), said in an interview with a reporter from China News Agency on the 22nd that the number of A-share listed companies in China has continued to increase, reflecting China's official strategy of improving the function of the capital market and increasing the proportion of direct financing. Intention, especially to encourage "specialized, special and new" enterprises to enhance their financing functions through listing to promote technological innovation.
According to media statistics, in recent years, the growth rate of the number of A-share listed companies has been accelerating.
It took about 10 years for the number of A-share listed companies to go from 0 to 1,000, and from 1,000 to 2,000; it took 6 and 4 years to go from 2,000 to 3,000, and from 3,000 to 4,000, respectively. ; And from 4,000 to 5,000, it only took 2 years and 2 months.
Wang Delun, chief economist of Industrial Securities Asset Management, said that the rapid growth of the number of listed companies in China shows that the reform of the registration system in China's capital market has achieved remarkable results.
Before 2019, it took nearly two years for A-share companies to go from acceptance to listing, but under the registration-based environment, the efficiency of listing has improved significantly.
From 2019 to 2021, it takes an average of about 350 days for a company to go public from acceptance to listing, and this year it has been further shortened to 147 days.
Listed companies play an important role in the Chinese economy.
Huang Yuncheng, chairman of the Academic Advisory Committee of the China Association of Listed Companies, said that listed companies have become an important force driving China's economic growth and a key factor in promoting China's national competitiveness.
According to data from the Shanghai Association of China, in the first three quarters of this year, listed companies in China's domestic market achieved a total operating income of 52.37 trillion yuan, a year-on-year increase of 8.51%, accounting for about 60% of China's GDP (gross domestic product) in the same period. Listed companies Its position as the "basic market" of the real economy has been further consolidated.
Cheng Fengchao reminded that the number of listed companies is not enough, and they should not only focus on the growth of quantity, but also the enhancement of quality.
Listed companies need to improve their R&D capabilities and R&D intensity. In this regard, there is still a big gap between Chinese listed companies and listed companies in developed economies. Only when more listed companies effectively improve their R&D capabilities and R&D intensity can they effectively alleviate the current constraints on China's economy. Relevant factors of development can better help China realize its dream of becoming a manufacturing powerhouse.
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