[Kechuang board headlines] 40 companies have been inquired; investors portrait: account holders over half of the stocks for more than 10 years;BrokerWaiting for the spin-off of the listing rules; accounting firms strive to be good "gatekeepers"
Seven additional companies were accepted:On April 12th, the Shanghai Stock Exchange newly accepted the application for listing of 7 companies, namely, Lexus Software of Jiangsu, Walter of Guangdong, and five Beijing enterprises: Guoke Huanyu, Nokangda, Wald, Tianyi Jiahe Aerospace. So far, the list of companies that have been accepted has reached 72.
5 companies have been inquired:On April 14th, according to the website of the Shanghai Stock Exchange, five companies that have been accepted by the Shanghai Stock Exchange, Medicilon, Nanwei Medical, Tianzhun Technology, Jiepu Te and Fuguang, were inquired. As of the morning of April 15, the number of entrepreneurs has been asked to reach 40.
The Tianjin Science and Technology Board Listing Training Seminar was successfully held:On the 12th, jointly organized by Tianjin Financial Bureau, Tianjin Securities Regulatory Bureau, Tianjin Science and Technology Bureau and Tianjin Industrial and Information Technology Bureau, Tianjin Science and Technology Financial Center co-organized Tianjin Science and Technology Board listed special training meeting was successfully held in Tianjin Auditorium. The main purpose of this special training is to seize the opportunity of setting up the science and technology board and continuously improve the support and service role of the capital market for the overall development of Tianjin.
CITIC Construction Investment sponsored 12 companies:Up to now, among the 72 enterprises that have been accepted by the Shanghai Stock Exchange, CITIC Securities has sponsored 12 companies and is the first among the sponsors. In terms of financing scale, the scale of financing proposed by seven companies did not exceed 1 billion yuan. Among them, only two companies have more than 500 million yuan, and a company's proposed financing amount is less than 300 million yuan.
More than 80% of men accounted for account opening:According to insurancefundAnd the Shanghai Stock Exchange data, 2 years of securities trading experience plus 500,000 yuan of assets, only 3 million of the 140 million shareholders have the right to open the board of science and technology. According to the analysis, the customer-created customers have the following typical characteristics: male investors account for more than 80%, 42% of investors are between 41-50 years old, more than half of the customers have more than ten years of experience in stock trading, and have purchased investment portfolios, etc. Customers with value-added services account for nearly 50%.
"Target Google Earth" sprint board
The three-year compound growth rate of Zhongke Star Map is over 140%
Recently, Zhongke Star Map Co., Ltd. (hereinafter referred to as “Zhongke Star Map”) from Beijing has been accepted and inquired by the Shanghai Stock Exchange.
According to the prospectus, the GEOVIS digital earth products under the China Star Map are against Google Earth, and the company has returned to the mother in the last three years.Net profitThe compound growth rate reached 141.74%.Listed company Zhongke Shuguang is not only the company's second largestshareholderIs also an important supplier to the company..
In the early morning of April 8, the China Securities Journal reporter set off to visit the location of the Chinese Star Map. According to the prospectus, the office address of Zhongke Star Map is located at Airport East Road, the core area of the airport economy in Shunyi District, Beijing.
Located in the National Geographic Information Technology Industrial Park, the investment roadmap can be seen everywhere. The park also contains Zhengyuan Geographic Information Co., Ltd., China Metallurgical Geology Bureau Mineral Resources Research Institute and other research companies and institutes. Its business scope is related to surveying and mapping. .
According to the prospectus,Zhongke Star Map provides digital earth products and technology development services for defense, government, enterprises, and the public.It is the earliest enterprise engaged in the research and development and industrialization of digital earth products in China. Its main products include GEOVIS digital earth platform products and GEOVIS digital earth application platform products.
A picture to understand 72 science and technology board acceptance company:
The total amount of funds to be raised exceeds 65 billion, and 17 in Beijing are temporarily in the first place.
[High-end interview] Zhu Ping:
Ketron leads the future technology stock market will be very long
“Whether investors are ready, after the financial crisis, technology stocks suddenly appear in front of Chinese investors. This is not only because of the unprecedented success of the three giants of Tencent, Ali and Baidu, but also the listing of many billions in A-shares. TMT stocks. Casting or not throwing may be a problem, but if it is marketMain forceMust not turn a blind eye. "year 2013,GF FundZhu Ping, the deputy general manager, wrote the "Investment Law of Technology Stocks" and put forward his views on investment in technology stocks.
In 1996, Zhu Ping enteredStock investmentThe industry entered the fund industry in 2000 and became a public fund manager in 2002. It is the first public fund manager in China. He has a high enthusiasm for cutting-edge and hot things, especially his research on technology stocks. “Successful technology stocks are a paradise for investors. But the investment in technology stocks is very difficult. It is necessary to predict whether a technology can lead the future development trend three or five years in advance.”
Zhu Ping is looking forward to the upcoming science and technology board set up on the Shanghai Stock Exchange. In an exclusive interview with China Securities Journal reporter, he said that Science and Technology Board shoulders the mission of supporting the transformation and upgrading of national science and technology innovation, and will bring the spring of investment in science and technology innovation. The science and technology board trial registration system will use the market mechanism to screen out a group of truly innovative value-added technology innovation leaders, giving domestic investors the opportunity to share the dividend of the new generation of “BAT” growth investment. The public fund that adheres to the concept of value investment will become the “gas station of leading companies” and “watchers of excellent enterprises”, and grow together with technology.
Brokerage layout in advance
Waiting for the spin-off listing rules to land
Recently, some listed companies have publicly indicated that they intend to spin off their subsidiaries on the Kechuang Board, which has attracted market and regulatory attention. Some of them have received regulatory letters. Previously, Li Chao, vice chairman of the China Securities Regulatory Commission, publicly stated thatThe board company splits the subsidiary company to the Kechuang board listing rules will definitely come out. China Securities Journal reporter learned from the brokerage department that although the spin-off listing rules have not yet been issued, many companies with the conditions for spin-off listing are interested in listing on the board.
Investment bankers said that the verification of the rationality, feasibility and compliance of the spin-off and the verification of the rationality, necessity and fairness of the related party transactions are the key points of the relevant rules to be issued soon.The main concern of investment banks is the standard of spin-off(including profit requirements, related party transactions and competition in the same industry), intermediary agency responsibilities and obligations, information disclosure requirements, etc.. At present, the securities companies have begun to track and reserve related projects, and the new three board companies that meet the conditions for the listing of the science and technology board have become the focus of some brokers.
Great Wall Guorui Securities believes that it is more difficult for intermediaries to accurately locate listed companies and select sub-enterprises that are in line with the spin-off of the company. At the same time, in the process of listing and subsidiary subsidiaries, due to the lack of specific terms and conditions, it is difficult to carry out targeted due diligence and verification work, thus affecting the efficiency and effectiveness of the spin-off listing guidance.
Head mechanism seizes market opportunities
The accounting firm strives to be a good "gatekeeper"
At present, the Shanghai Stock Exchange has accepted the application for the listing of the science and technology board of 72 companies. It is worth noting that the promotion of the establishment of the science and technology board and the reform of the pilot registration system have placed higher demands on the implementation of responsibilities and the improvement of professional service capabilities by accounting firms and other intermediaries. A number of accounting firms have stated that they will strengthen their practice responsibilities and act as a “gatekeeper” as the primary mission of the service sector.
Judging from the fact that the accounting firm's service department has accepted the enterprise, the head accountant's service projects are currently ranked first.Lixin Certified Public Accountants (Special General Partnership) has the largest number of service projects, totaling 14.In addition, head services such as Tianjian, Zhitong and Ruihua have a large market share..
In strengthening its practice responsibilities, Lixin Certified Public Accountants stated that accounting firms should play the role of “gatekeeper”. It is necessary to strengthen the practice responsibility of the accounting partner of the accounting firm. Because the project partner is in the front line of practice, the practice guidelines should be implemented conscientiously, and the guidance, supervision and review of the project team should be strengthened to reduce the risk of material misstatement. In addition, if the project partner is investigated due to the quality of the practice, he/she will be ordered to suspend the performance of the partner and may not undertake, maintain and execute the relevant business; after the investigation is over, if the violation is established, administrative punishment will be given or transferred to the judicial authority. deal with.
A practitioner of an accounting firm told reporters that since the science and technology board has increased policy inclusiveness for science and technology enterprises, it is more prominent that the issuer is the first person responsible for information disclosure, and requires service organizations including accounting firms to issue People's information disclosure is strictly controlled; at the same time, the reform of the science and technology board pilot registration system emphasizes the main responsibility of all parties in the market, which undoubtedly strengthens the performance of the intermediary agencies.
(Article source: China Securities Journal)