Just now, the Securities Regulatory Commission's heavy voice: Promoting the high -quality expansion of the Peking Stock Exchange ...

On the afternoon of September 4, our reporter Wu Xiaolu, Wang Jianjun, vice chairman of the CSRC, said at the capital market to help the International Science and Technology Innovation Center Construction Forum that after nearly a year of construction, the Bei Stock Exchange had achieved a good start. In the next step, the CSRC will adhere to market positioning, respect the laws of the market, consolidate the market foundation, and grasp the promotion of high -quality capacity expansion of the Bei Stock Exchange, expand the market functions of the Beijing Stock Exchange, establish strict supervision and guidance, and do a good job of investor protection. The point is to strive to promote the high -quality development of the Beijing Stock Exchange. The operation of the smooth operation of various institutions and mechanisms shows that Wang Jianjun said that the Beijing Stock Exchange is positioned as a small and medium -sized enterprise in service innovation. The registration system will be implemented since the date of establishment. A certain scale was initially formed. Since opening the market, the market operation has been stable, and the operation of various systems and mechanisms has operated smoothly. It has achieved a total of 23.5 billion yuan in direct financing, with an average of 210 million yuan per company, which basically meets the financing needs of small and medium -sized enterprises. In addition, Wang Jianjun introduced that the business performance of listed companies in the Beijing Stock Exchange was steadily good, and all parties of the market participated. The number of qualified investors exceeded 5.1 million, and the average daily transaction increased by 1.2 times before the reform. More than 500 public funds participated in the investment of the Beijing Stock Exchange, holding the market value of the Beijing Stock Exchange of 5.5 billion yuan. Three companies realize the turn, and the multi -level capital market interconnection is a solid step. At the same time, the leading role of the Beijing Stock Exchange has shown a significant enhancement of the overall vitality and attractiveness of the New Third Board. The newly listed company has doubled compared with the same period last year. Companies that have taken the initiative to delist have decreased by nearly 80 %. The number of innovative companies has reached a record high, and the comprehensive effectiveness of the capital market service SME innovation and development has improved significantly. "The Central Economic Work Conference clearly stated that this year's economic work must adhere to the general tone of steady progress, comprehensively deepen reform and opening up, adhere to innovation -driven development, and increase financing support for the real economy and SMEs." Wang Jianjun said that as a multi -level level In the important part of the capital market, the Bei Stock Exchange adheres to the dislocation development during the construction process, follows the basic laws of the development of the exchange, and continuously improves the ability and level of services for SMEs and technological innovation. The first is to adhere to reform and innovation. Summarizing the development experience of the capital market for more than 30 years, and deepening reforms have always been the fundamental way to solve various problems in the market. In various aspects of service objects, market structures, and institutional arrangements, the Beijing Stock Exchange is obviously different from the Shanghai and Shenzhen exchanges. It cannot simply copy the development path of the Shanghai -Shenzhen Exchange. In order to promote stability, gradually improve the characteristics and mechanisms of small and medium -sized enterprises, comprehensively enhance market functions, build a virtuous cycle of market ecology, and better support the innovation and development of SMEs. The second is to persist in steady progress. Steady market, stable policy, and stability are the core prerequisite for the healthy development of the capital market. The development of the Beibei Stock Exchange must be based on the facts, grasp the relationship between stability and progress, adhere to steady progress, progress in an orderly manner, and strictly adhere to the progress of the bottom line. It is necessary to strengthen innovation and development, avoid "wrapping ahead", but also adhere to scientific development and firmly adhere to the bottom line of risk. While supporting the Bei Stock Exchange, while paying attention to quality, it is appropriate to accelerate development. The third is to adhere to serving the real economy. As the core hub of resource allocation, the capital market is a duty and duty to serve the real economy. For the Bei Stock Exchange, the focus of work must be placed on the service entity enterprise, especially the specialty new SMEs. Efforts to build a rich and efficient direct financing system with rich types of mechanisms. Guide more capital to the real economy, flow to scientific and technological innovation, support the growth and growth of small and medium -sized enterprises, and promote high -quality economic development. Promoting the high -quality expansion of the Peking Exchange to establish a strict supervision orientation "After nearly a year of construction, the Bei Stock Exchange has achieved a good start." Wang Jianjun said that in the next step, the CSRC will adhere to market positioning, respect the laws of the market, and consolidate the market foundation of the market. , Grasp the four key points, and strive to promote the high -quality development of the Beijing Stock Exchange. The first point is to promote the high -quality expansion of the Peking Stock Exchange. A reasonable market size is the basis for the stable operation of the stock exchange and fully exerted its functions. From this point, the number and market influence of listed companies listed on the Beijing Stock Exchange need to be increased. From the perspective of the company's structure, the leading enterprises that can support the depth of the market are relatively insufficient. The top priority of the development of the Beijing Stock Exchange is to promote the high -quality expansion of the market. At the same time, under the progressive structure of the New Third Board, companies applying for the Bei Stock Exchange have passed the cultivation and specifications of basic and innovative layers. This is also the basis of accelerating the audit on the basis of adhering to quality priority, and supporting a group of superior enterprises to quickly issue and list. The high -quality enterprises that meet the industrial policies, market positioning, and listing conditions are welcome to apply for the Beijing Stock Exchange collectively. It also hopes that the industry's competent authorities, local governments, securities service institutions and other related parties will give more support to jointly promote the healthy and rapid development of the Beijing Stock Exchange. The second point is to expand the market function of the Bei Stock Exchange. At present, the Beijing Stock Exchange has initially possessed the basic functions of the exchange. The financing varieties have expanded from ordinary shares and preferred shares to convertible bonds. Recently, some useful attempts have been made in local government bond issuance. SMEs have the characteristics of large individual differences, strong flexibility, and diverse demand. They need to match institutional arrangements with diversity, tolerance and inclusiveness, and continuously expand market functions. In terms of financing, it is necessary to explore a diversified issuance and listing mechanism, study the bond product system, and provide enterprises with direct financing services for equity and bonds. In terms of transactions, the Bei Stock 50 Index should be launched in a timely manner to explore the mixed transaction arrangements to enhance the operating effect of the market.

In terms of services, it is necessary to strengthen the collaboration between local governments, industrial funds, and commercial banks, and promote various types of policies and measures to support SMEs to land on the Bei Stock Exchange to create a comprehensive financial service platform. In addition, it is necessary to give full play to the role of the Bei Stock Exchange and the innovation layers and basic layers. Further deepen the reform of the New Third Board, optimize the listing conditions of the basic layer, improve the hierarchical indicators of the innovation layer, increase the support for earlier, smaller and updated start -up technology companies, and cultivate and transport more high -quality for the Bei Stock Exchange to cultivate and transport more high -quality Listing resources. The third focus is to establish a strict supervision orientation. The Beijing Stock Exchange is in the early stages of market construction, and it must be strict in listing access and daily supervision. This has a very important role in improving the overall quality of the Beijing Stock Exchange's listed companies, consolidating the market foundation, and creating market brands. On the one hand, we must strictly put the "entry level", strictly implement national industrial policies, prevent monopoly and capital disorderly expansion, use the advantages of continuous supervision of the Beijing Stock Exchange, strengthen on -site inspections before listing, and prevent "illness breakthroughs". Adhere to parallel review, strictly control the standards, strengthen checks and balance supervision, strictly grasp the prevention and control of clean government, and resolutely block the problems of the problems of the problem. On the other hand, we must strengthen supervision of listed companies. In response to the characteristics of relatively concentrated control of small and medium -sized enterprises, pay close attention to key minorities such as the controlling shareholder and actual controller, severely crack down on financial fraud, and strengthen the supervision and rectification of typical issues such as capital occupation and illegal guarantee. Supervise the company to continuously improve the quality of the market letter, enhance the standardization of corporate governance, guide enterprises to regulate in development, and develop in norms. The fourth point is to do a good job of investor protection. The listed company of the Beijing Stock Exchange generally has the characteristics of high growth and high risk. The uncertainty and instability of operation and performance are relatively high. Many companies have evolved from family companies. Public companies' consciousness and standardized awareness need to be improved. The company's governance mechanism is not sound. Based on the above situation, the Bei Stock Exchange must protect investors in an important position and adhere to and improve the core institutional arrangements such as the appropriate management of investors. In supervision, we must strict from the beginning, "zero tolerance" to crack down on illegal and violate the law, and let the offenders pay the price. Strengthen training education and case warnings, so that major shareholders consciously restrict their behavior, and grow together with the company and grow together. Effectively protect the legitimate rights and interests of small and medium investors, and promote the development results of shareholders sharing companies.

Picture | Site Cool Hero Bao Map Network Review | Editor of Xie Ruolin | Qiao Chuanchuan Final Audit | Zhang Liang

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