Deepen Exchange Party Committee Member and Vice General Manager Li Mingzhong: Providing "Relay Baton" Services to New-Type Enterprises
Song Chunyu/Camera
Securities Times Reporter Wu Shaolong
July 25th, the 13th Entrepreneurship Investment Conference and the National Entrepreneurship Association Alliance Meeting were held in Gaoming Science City. Deepen Exchange Party Committee Member and Vice General Manager Li Mingzhong pointed out in his speech that the exchange would focus on improving the inclusiveness and adaptability of its systems, striving to improve the precision and effectiveness of its services, promoting technological innovation and industrial integration, and working with Shenzhen City, Gaoming District, and market entities including investment institutions to provide "relay baton" financing and services for new-type enterprises.
Innovation begins with technology, progresses with industry, and matures with capital. According to introduction, the Deepen Exchange as a basic infrastructure of the capital market is deeply connected with entrepreneurship investment, actively supporting the improvement of the "listing-fundraising-management-returns" closed-loop ecosystem, jointly creating a virtuous cycle of "technology-capital-industry", providing full-cycle financial services for technological innovation. According to incomplete statistics, there have been 705 entrepreneurial board companies listed on the exchange that have received investments from 2,615 venture capital institutions, with cumulative investment amounting to RMB 70.99 billion. Among them, 218 newly-listed companies have received investments from 992 venture capital institutions and 29.3 billion yuan.
Venture capital institutions not only provide important support for technological innovation but also help innovative enterprises establish standardized development and honest management concepts. The Deepen Exchange will continue to deepen its cooperation mechanism with venture capital institutions, specifically formulating a special plan to promote high-quality development of entrepreneurship investment, establishing information sharing and policy coordination mechanisms with government guidance funds, central state-owned enterprise investment platforms, private and foreign capital investment institutions, supporting and encouraging venture capital institutions to actively participate in "Chuangxuan" brand activities hosted by the exchange, guiding them to focus on strategic emerging industries and future industries, promoting post-investment management professionalization and systematization construction, and jointly serving technological innovation outcomes and ecological development.
Li Mingzhong emphasized that the exchange would stand at the forefront of Shenzhen's innovation hub, further promoting the improvement and coordination mechanism with Shenzhen City government, Gaoming District government, and market entities, supporting technology companies in leveraging capital markets to strengthen themselves, and striving to make new and greater contributions to promoting technological innovation, cultivating new-type enterprises, and building a modern industrial system.
One is to further deepen the reform of the entrepreneurial board, perfecting the institutional mechanisms for adapting to the development of new-type enterprises. The exchange will further deepened the reform of the entrepreneurial board, highlighting its unique features, improving its functions, strengthening coordination with industrial policies, supporting high-tech companies and other quality companies that meet the standards for listing on the second or third board, supporting listed companies in optimizing their value chain, promoting more benchmark reforms and typical cases, and encouraging more resources to converge towards technological innovation.
Two is to play a key role in mergers and reorganizations, vigorously improving the quality and investment value of listed companies. The exchange will further standardize the active merger and reorganization market, supporting listed companies through mergers and reorganizations to achieve industrial integration, strengthen their core competitiveness, and enhance their value chain.
Three is to optimize the Deepen Exchange's product and service offerings, comprehensively perfecting the innovation capital ecosystem. The exchange will further strengthen its innovative product offerings, building a technological innovation "from IP to IPO to continued development" full-cycle service system, strengthening coordination from knowledge property rights, enterprise cultivation to listed company supervision, and promoting the coordinated development of stocks, bonds, REITs, ABS, and other products and services.