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On July 31, the Shenzhen Copreate Listing Cultivation Meeting hosted by the Shenzhen Municipal People's Government was held at SZSE. Wang Weizhong, Secretary of CPC Shenzhen Municipal Committee, Wu Lijun, Chairman of SZSE and Wang Jianjun, President & CEO of SZSE, attended the meeting. The participants include Chen Rugui, Mayor of Shenzhen, presided over the meeting. Gao Zimin, Secretary General of CPC Shenzhen Municipal Committee, Ai Xuefeng, Deputy Mayor of Shenzhen, Wang Lixin, Deputy Mayor of Shenzhen, as well as members from the Shenzhen Coproate Listing Cultivation Committee and more than 500 principals from Shenzhen local companies planned to be listed, market institutions, research institutes, business incubators and other units. The meeting is an important measure to implement the Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and the spirit of the 19th CPC National Congress and to promote the implementation of the fundamental task that let finance serve the real economy. Besides, the meeting is significant to give full play to the function of the multi-tiered capital market, support the development of listed companies' financing, underpin the transformation and upgrade of local economies and help Shenzhen take over the initiative in the quality development strategy.
Wang Weizhong pointed out that the vast number of Shenzhen enterprises, including those having been listed and to be listed, are a vivid manifestation of the unique charm, strong driving force, vitality and unlimited creativity of Shenzhen. They have made important contributions to the development of the special economic zone. He stressed that it is necessary to take the meeting as a new starting point to focus on cultivating a larger and higher quality team of planned listing companies, building a more complete and stronger policy-back system, providing more precise and more considerate corporate services, improving a more standardized and more efficient coordination and linkage mechanism. Therefore, we can fully support the development of SZSE and make Shenzhen a fertile land for planned listing companies and quality development. Wang hopes that the enterprises in Shenzhen continue to carry forward outstanding entrepreneurial spirit, persist in focusing on quality and pursuing excellence, aim at high-tech and break through, actively participate in international competition and cooperation, consciously fulfill corporate social responsibility and brave the tide in the new era, thus promoting Shenzhen to lead in fulfilling the aim of being the leader in "ranking among the top in four areas of the country".
Wu Lijun pointed out that SZSE will actively take advantage of innovation capital formation and play the role of core capital platform, seize the strategic opportunities of Guangdong-Hong Kong-Macao Great Bay Area, support Shenzhen's strategy of innovation-driven development strategy and provide innovative products and customized services. In this way, SZSE will help Shenzhen City build a capital market service system which is of a clearer hierarchical structure, more diverse constituents, and more improved functions, and form a financial development pattern that is characterized with direct financing and innovative capital so as to combine capital and technology and accelerate the construction of a city leading the globe through innovation. Wu said that SZSE will actively build a platform for listing and promotion services, establish a long-term mechanism for corporate listing cultivation, provide personalized, professional and differentiated comprehensive cultivation services for enterprises, and support more quality enterprises, especially technology innovation enterprises, to go listed on the SZSE.
At present, there are 280 A-share listed companies in Shenzhen, of which 258 units (90%) are listed on the SZSE. By the end of 2017, Shenzhen enterprises had accumulated a total of 593.1 billion yuan, including IPO financing of 138.7 billion yuan and refinancing of 454.4 billion yuan, in the SZSE market. A large number of quality enterprises in Shenzhen stand out through the SZSE platform and become bigger and stronger, driving the overall economic development of Shenzhen. The number and size of local listed companies, securities companies, fund companies, PE/VC institutions and other securities intermediaries in Shenzhen are currently among the top in China. The resource agglomeration effect and radiation function of SZSE have effectively consolidated the financial center status of Shenzhen and effectively promoted the development of Shenzhen's scientific and technological innovation enterprises.
At the meeting, Shenzhen Municipal Government and SZSE signed a strategic cooperation agreement. On the basis of existing cooperation, the two sides will further strengthen enterprise listing cultivation, cooperated supervision of listed companies, issuance of fixed-income products, investor education and communication, personnel exchange and training so as to deepen their cooperation content and improve the cooperation mechanism. SZSE will fully support the development of Shenzhen's financial market, provide comprehensive localized services for Shenzhen enterprises, promote more Shenzhen's quality enterprises to list on SZSE, serve the construction of Shenzhen as a financial core city, support Shenzhen to build the core engine of Guangdong-Hong Kong-Macao Great Bay Area and facilitate the improvement of quality, efficiency, and driver for Shenzhen's economic growth.
On the same day, SZSE also launched its listing APP "Shangshitong" and the Shenzhen Innovation Engine Index.
