Small and medium insurance enterprises attempt to promote the gem

Gem launched Jianzaixianshang, insurance companies also want to share a cup of soup, but because the gem rules unclear and did not get a clear response. The reporter learned from the head of the listing of some risk enterprises, the current controversy is the focus of insurance companies are in line with the spirit of entrepreneurship, that is, to support the high growth, especially the development of innovative SMEs. The CIRC has not given an answer to this. However, assistant Sanli, chairman of the CIRC, said that the CIRC insisted on deepening the reform of insurance companies as an important task of insurance supervision, and supported qualified insurance companies to issue shares and go public at the right time.

is contrary to the gem positioning?

The second day of the reduction of stamp duty policy, the CIRC held a seminar on the listing of National Insurance companies in Shenzhen, including nearly hundred insurance companies as well as CIRC, Shenzhen and industry experts. Although the name is a retreat-oriented knowledge of the listing of lectures, but some small and medium-sized insurance companies put forward how to grasp the opportunity of the gem is still stumped by the CIRC and Shenzhen in charge.

"If from the gem listed companies on the financial hard indicators, many enterprises are consistent." But the problem is that we all feel that the gem is for High-tech Enterprises set up, insurance belongs to financial services enterprises, is not in line with the gem positioning? "said one person in charge of the insurance company.

It is understood that China Securities Regulatory Commission Vice chairman Yao has said, "Gem is mainly to serve the growth-oriented enterprises in the entrepreneurial stage, especially the focus on supporting the enterprise with independent innovation ability." Under the "initial public offering of shares and on the GEM listing management measures (draft)", the financial position of the issuer of the gem shall conform to the following requirements: The last two years of continuous profit, the last two years of net profit accumulated not less than 10 million yuan, and sustained growth, or the last year profit, and net profit of not less than 5 million yuan, In the last year, operating income was not less than 50 million yuan, and the growth rate of operating income in the last two years was not less than 30%. The net profit is calculated on the basis of deduction of the lower before and after the non-recurrent profit and loss; the net assets before the issuance are not less than 20 million yuan; there is no outstanding loss at the end of the last term; the total amount of equity after issuance is not less than 30 million

According to the said, the company's general manager, Liping, attended the seminar, but expressed a dilemma about the issue, only to see the SFC's final rules. "The question of insurance companies has also raised new issues for regulators, and it's really hard to answer at the moment, but insurance companies don't necessarily have high growth levels," said the Shenzhen Insider.

A participant at another beijing-based insurance company said the topic of the gem did cause some discussion, but the current situation is to prepare the listing of the insurance companies have the ability to board, want to go to the Business Enterprise Board has not completed the preparation work, so this topic is mainly confined to the theoretical level.

CIRC encourages insurance companies to go public

However, the CIRC has a clear attitude to support the listing of qualified insurance companies. Sanli, assistant chairman of the CIRC, said that it was of great significance for the insurer to make new progress in the market from scratch and from abroad to the mainland. Listing is beneficial to enhance the capital strength of insurance enterprises, establish market-oriented financing channels, facilitate the enterprise to transform the operating mechanism, improve the corporate governance structure, improve the effectiveness of insurance supervision and promote the stable development of the insurance market.

It is understood that there are currently Chinese insurance, China Life, China Ping ' An, China's Tai Bao and the state-owned holding companies in Hong Kong International, CAS Holdings, and other 6 companies listed in the country and abroad.

Sanli also said that the insurance companies should establish the concept of public companies, improve the transparency of business management, enhance the company's brand image, consciously accept the public opinion and supervision. Listed insurance companies should firmly grasp the development opportunities brought by the listing, effectively change the ideas and operating mechanism, take the opportunity of reforming and listing, continue to deepen the reform, adhere to the legal compliance operation, realize good and fast development, at the same time to enhance awareness of risk prevention, to prevent the elimination of various risks.

Shenzhen general manager Liping also said at the meeting that different levels of the capital market for different types of insurance companies of different sizes brought more opportunities for listing, so that insurance companies in the listing of more choices.