SFC announces first batch of GEM acceptance list

Our News (reporter Aoxiapo) the market attention of the first batch of business Enterprise Board officially accepted the list of the company was formally born yesterday.　　Reporters from the SFC learned that as of yesterday, a total of 105 enterprises received the SFC's acceptance notice. A total of 38 securities companies recommend 108 enterprises, to the CSRC submitted the GEM listing application.　　In addition, in addition to the July 26 declaration of Enterprises, this week added 3 enterprises to submit the GEM issue application documents. After review, the SFC issued a rectification notice to 29 enterprises, of which 27 companies have submitted rectification documents and passed preliminary examination before July 31, and another two companies have not yet submitted rectification documents.　　As of July 31, the SFC has issued a letter of acceptance to 105 enterprises, and an enterprise has withdrawn the application document voluntarily because it does not meet the conditions of release. According to the introduction, the Securities and Futures Commission after receiving materials, in 5 working days to these 108 enterprises to give three kinds of reception notice, respectively, is formally accepted, inadmissible and corrected materials. The correction material means to make up some supporting materials to perfect the audit material according to the requirements of the SEC administrative licensing procedure. It is understood that a complete IPO administrative licensing process includes handling, trial and decision three links.　　Privileged to receive formal notification of qualified enterprises, the next step will enter the trial process of the pre-trial stage, the gem will be issued by the supervision Office of the Board. For the introduction of the increasingly imminent gem, Jianxin fund said that at present it is the key period of China's macroeconomic stabilization and recovery, the introduction of gem in the solution of small and medium-sized enterprises financing difficulties, but also hope that through the model effect of capital market, promote economic restructuring and industrial structure upgrading, so as to play the role of resource allocation of capital market,　　To realize the positive support of capital market to national economy. The market has been worried about the introduction of the gem may divert market funds, which will affect the main board market trend. Jianxin fund analysis, compared with the motherboard, the gem is smaller, so the launch of the gem to the overall market capital diversion caused by limited impact; In the long run, the launch of the GEM is to establish a multi-level capital market system, the impact on a-share market should be positive and positive.