Start-up board launched the earliest October

Source: Internet
Author: User
Keywords SEC Gem Market issue regulation issue system SFC Vice Chairman
Lu Yuan Gem Preparatory work has been basically ready, the vice chairman of the Securities and Futures Commission Yao yesterday in the "Gem issue system Training Meeting" said that the current gem main rules of the formulation and release work is basically completed, the establishment of the Enterprise Board preparation is also basically completed. It is reported that the Securities and Futures Commission has set up an audit of the gem issued by the Board of Supervisors issued supervision office, has now entered the working state, is now in a hurry to form the Gem Issue audit committee.  The Shenzhen Stock Exchange has set up the management department of the Gem company, which is responsible for the supervision of the listed companies of the gem.  The issuing committee is one of the core organizations in the IPO work, and the vice president of Yao said yesterday that he could not complete the establishment until August. In accordance with the procedures for the listing of enterprises, the SFC from receiving materials can be completed months audit, enterprises are allowed to go public after about two weeks time for inquiry, purchase and so on.  Judging from this, the first batch of gem enterprises are expected to enter the exchange listing at the end of October or early November.  According to some of the accounting firms and law firms attending the meeting, they have received a notice from the SFC requesting the recommendation of partners to participate in the selection of the Commission's Board of Auditors. In order to actively and steadily promote the development of gem market, the SFC yesterday organized a training conference on GEM issue system. From 36 offices, 68 sponsoring agencies, 68 accounting firms and more than 120 law firms, a total of 530 participants attended a one-day training.  The training is intended to allow the market participants to further familiarize themselves with the relevant provisions of the GEM issue system, for the successful launch of the board to do the relevant preparatory work. Yao, vice chairman of the SFC, introduced the overall situation of the gem preparations and deployed the next phase of the work.  The relevant departments in charge of the Securities and Futures Commission respectively introduced the development of the gem market system, explained the important rules of the first management of the gem and the prospectus and application documents, and put forward specific requirements for the sponsors and other securities service organizations. It is understood that there are about 400 companies waiting for the issue of the board audit, many enterprises consider to invest in the gem in order to speed up the listing process.  The SFC to remind, it should be clear the positioning of the gem, see whether the enterprise is in line with the characteristics of the gem, can not take the gem as a small board. On the initial release of the Gem, Yao to carry out specific deployment, and put forward the following principles: In order to enable the smooth launch of the gem market and healthy development, the sponsors should be "excellent in selecting", priority recommended in line with the Gem positioning, with outstanding independent innovation ability and higher growth of the excellent Enterprise Board enterprises, The first recommendation can fully reflect the entrepreneurial board characteristics of the enterprise. At the same time, to grasp the gem market positioning, in order to help enterprises choose the listing site, we must fully consider the characteristics of the enterprise and the motherboard and gem market positioning, not to rob progress in the two markets between the swing.
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