The Shenzhen Stock Exchange released 16 measures to support the development of the enterprise development service real economy

Experts have expressed it that it is conducive to improving investment and financing efficiency

Our reporter Xing Meng

Council reporter Guo Jichuan

On June 24, the Shenzhen Stock Exchange issued the "Notice on Further Supporting the Real Economy of the Enterprise Development and Services" (hereinafter referred to as the "Notice"), which aims to increase direct financing support, optimize self -discipline supervision services, help small and medium -sized enterprises relieve difficulties, support difficulties, support support The healthy development of the real economy.

The "Notice" emphasizes that the protection of the affected situation affects the normal development of the company's listing review, and appropriately relax the post -review of the review and inquiry reply time; support the affected enterprise to affect the major M & A and reorganization of the enterprise, and strengthen the regulatory elasticity of the mergers and acquisitions and reorganization information.

The main purpose of the "Notice" issued by the Shenzhen Stock Exchange is to improve the efficiency of enterprises' investment and financing. "Shao Yu, chief economist of Oriental Securities, told the Securities Daily reporter that especially for corporate mergers and acquisitions and re -financing. A more efficient channel is conducive to promoting finance to increase service real economy.

Increase direct financing support

There are 16 measures in the "Notice" involving the listing review of enterprises and major mergers and acquisitions and re -financing work arrangements, infrastructure public offering REITs, housing corporate bond financing, and SME financing.

The "Notice" emphasizes that the protection of the affected situation affects the normal development of the company's listing review. For the first -time listing of the affected areas and the industry, the enterprise reviewing enterprises in serious affected areas and the industry. Under the premise of meeting the positioning of GEM and issuance and listing, the intermediary agency has verified that its performance has fallen sharply in 2022. If the ability constitutes a significant adverse effect, you can submit relevant reports through the issuance of the listing of the listed audit business system. For the affected areas of serious areas and the industry, the enterprise board listed company applied for re -financing, and the implementation of a special person by the end of 2022, the report, the review, and the posting were issued.

Increase financing support in key industries and key areas. For the affected areas of the affected areas, companies and industry companies issue corporate bonds, asset securitization products, or other companies issued funds to raise funds in the fields of epidemic prevention and control or bonds due to bond products due to the prevention and control of the epidemic. That is the trial; support infrastructure public offering REITs to speed up the launch. Support affordable rental housing, energy, water conservancy and other industries to issue infrastructure public offering REITs; support high -quality real estate companies to revitalize stock assets. Allows high -quality real estate companies to further broaden the use of bonds raised funds, encourage high -quality real estate companies to issue corporate bonds to acquire insurance real estate enterprise projects; support fund managers to develop anti -epidemic theme funds.

Broaden the financing channels of small and medium -sized enterprises to reduce financing costs. Support the issuance of supply chain financial ABS to revitalize SME accounts receivable assets, encourage technology -based SMEs through intellectual property securitization to revitalize patents, trademarks, copyrights and other assets, and support the cost of financing of small and medium -sized enterprises through credit protection tools; guide listed companies Do a good job of setting up small and medium -sized enterprises. Incorporate the amount of money into the information disclosure assessment indicators.

"Since this year, many listed companies have been affected by the epidemic and have faced some dilemma. This time the Shenzhen Stock Exchange has provided support for these enterprises from the policy level, reflecting the strength of financial support for the real economy." CITIC Securities Chief Economist is obviously clear In an interview with the Securities Daily reporter.

"On the one hand, these measures help stimulate the enthusiasm of listing of more enterprises and activate enterprises' financing and re -financing capabilities in the capital market; on the other hand, give full play to the resource allocation function of the capital market, broaden the financing channels of small and medium -sized enterprises, and effectively Land reduces the financing costs of small and medium -sized enterprises, and solve the problem of difficulty in financing of SMEs and expensive financing. "Zhou Xibing, a researcher at the Software Research Center of China Enterprises in China, told the Securities Daily reporter.

Implement supervision measures flexible arrangement

The "Notice" pointed out that the replies of the inquiry of the issuance review appropriately. The feedback from the affected areas and the industry issuers will be extended for 3 months, and the reply time limit for the reply will be extended by 1 month. If the epidemic is affected by a serious area and industry enterprises who declare and issue corporate bonds and asset securitization products, the feedback time limit for feedback during the review phase and the suspension time limit will be extended for 3 months; and the regulatory elasticity of M & A reorganization information is strengthened. Listed companies that are affected by the epidemic affected areas and industries. If the acquisition and reorganization project cannot update the financial information on schedule or issue a notice of the shareholders' meeting, it can apply for an extension of 1 month in accordance with the regulations after fully disclosing the specific impact.

Encourage securities companies to deal with customer default. Guide the support of customers who support securities companies with the epidemic affected by the epidemic pledge, and the negotiation period is 3 months to 6 months; further reduction and exemption of related expenses of market entities. On the basis of the preliminary listing of listed companies in 2022, the annual listing fee, and the online voting service fee of the shareholders' meeting, it can be exempted from exemption of bond -related expenses, reducing the operating costs of market entities, and stimulating market vitality.

Strengthen online communication and consultation guarantee. Continue to implement the listing of nuclear electronics and contact with no contact; support listed companies to hold an online meeting. Allowing listed companies to change the relevant matters of the shareholders 'meeting due to the impact of the epidemic, including extension, cancellation of shareholders' meetings, increasing temporary proposals, changing locations, etc.; Extending information disclosure business periods; and allowing the use of electronic signing to handle business.

In this regard, Shao Yu said that the Shenzhen Stock Exchange proposed flexible arrangements for regulatory measures, reflecting the regulatory authorities on the basis of strictly observing the system, which humanely handled the actual situation, greatly reduced the work cost and management pressure of the enterprise, and related fee reductions measures were greatly reduced.It also reduces the operating cost of the market."The flexible arrangements of regulatory measures have allowed many of the epidemic companies and the company to eat" Xinxin Pill ", which reflects the temperature of supervision." Mingming said.

- END -