On August 24, the listing ceremony of the first group of 18 enterprises under the reform of the ChiNext Board and the pilot project of the registration-based IPO system was held at Shenzhen Stock Exchange (SZSE). Member of the Political Bureau of the CPC Central Committee and Vice Premier of State Council Liu He gave a written address. Secretary of the Guangdong Provincial Committee of the CPC Li Xi, and the Chairman of the China Securities Regulatory Commission (CSRC) Yi Huiman delivered a speech and jointly rang the opening bell for the first group of enterprises under the registration-based IPO system. Governor of Guangdong Province Ma Xingrui attended and witnessed the signing of the listing agreement and the registration agreement by those first group of enterprises. Shenzhen Municipal Party Committee Secretary Wang Weizhong and SZSE Chairman Wang Jianjun delivered remarks respectively. Leaders of Tianjin, Hebei, Jiangsu, Zhejiang, Fujian, Hubei, Hunan, Guangdong, Sichuan, Shaanxi, etc., relevant persons in charge of the Financial and Economic Affairs Committee of the National People’s Congress (NPC), the Legislative Affairs Commission of the NPC Standing Committee, the Supreme People’s Court, the National Development and Reform Commission (NDRC), the Ministry of Science and Technology, the Ministry of Industry and Information Technology, the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission, the CSRC, etc., persons in charge of the first group of listed companies under the registration-based IPO system, and representatives of institutional investors, intermediaries, commercial banks, news media, etc. attended the ceremony. On the premise that proper prevention and control measures have been put in place, SZSE ensured smooth, orderly execution of the listing ceremony.
The successful listing of the first group of 18 companies on the ChiNext Board under the registration-based IPO system marks the official implementation of the reform of the ChiNext Board and the pilot project of the registration-based IPO system. It is a vivid practice of the capital market to implement General Secretary Xi Jinping’s important instructions and the major decisions of the CPC Central Committee and the State Council to the letter, and a pragmatic measure of SZSE to serve the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Shenzhen demonstration pilot zone for socialism with Chinese characteristics, and pay a tribute to the 40th anniversary of the founding of Shenzhen Special Economic Zone.
From this new starting point, following Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and fully carrying out the major decisions of the CPC Central Committee and the State Council, SZSE will continue to actively practice the principles of “system building, non-intervention, and zero tolerance”, and strive to be “open-minded, transparent, honest and strict” according to the CSRC’s work requirements of “the four awes (stand in awe of the market, rule of law, professionalism and risks) and one joint force (The capital market’s development needs all the efforts made by all sides)”. SZSE will stick to the positioning of the ChiNext Board, make it more competitive and characteristic, in a bid to better serve high-tech enterprises and growth innovative venture enterprises, and support more quality companies in getting listed on the ChiNext Board. SZSE will strengthen regulation, forestall risks, and ensure high-quality operation of the registration-based IPO system of ChiNext Board, striving to form a group of listed companies that meet high-quality development requirements. SZSE will shoulder the important tasks of building a “quality innovation capital center and world-class exchange”, play a greater role in promoting high-level circulation of technology, capital and real economy, and make more contributions to the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Shenzhen demonstration pilot zone for socialism with Chinese characteristics.
