Huangpu promotes high-quality enterprise listings

Guangzhou Science City.

Huangpu district held an exchange meeting on comprehensive registration system reform and the high-quality development of enterprise listings on Feb 14.

At the meeting, representatives from financial regulatory authorities, government departments, stock exchanges, financial institutions, and enterprises discussed the development direction of financial institutions and enterprises once the stock issuance registration system is in full operation.

Wang Wenzhe, deputy director of the Guangdong Regulatory Bureau of the China Securities Regulatory Commission, expressed that the essence of the registration system reform is to hand over the right of choice to the market and to strengthen the constraints of the market.

Gu Xiaobin, deputy director of the administrative committee of Guangzhou Development District, pointed out that Huangpu has always regarded the development of the real economy and the development of manufacturing industries as its key work. 

The comprehensive implementation of the registration system reform will provide new institutional support for industrial development, and provide rare opportunities for enterprises to accelerate their listings.

Since Huangpu launched the "Enterprise Listings Nursery Cultivation Project" in 2021, a total of 283 nursery enterprises have been listed.

To date, the number of listed companies in Huangpu has reached 77, and more than 40 enterprises are currently accelerating their listings in domestic and foreign capital markets.

Huangpu district holds an exchange meeting on comprehensive registration system reform and the high-quality development of enterprise listings.

Wang Wenzhe, deputy director of the Guangdong Regulatory Bureau of the China Securities Regulatory Commission, delivers a speech during the meeting.