Quanzhou Shoe And Clothing Enterprises Are On The Upsurge Of Listing.

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In May 6th, as a heavyweight figure in China's securities industry, Zhou Qin Ye "how to make use of capital".

Shanghai Stock Exchange is very concerned about the development of Quanzhou plate.

Zhou Qinye said that from the end of 1990 to the end of 2010, the Shanghai Stock Exchange has developed from the initial 8 stocks and 22 bonds to the stock market with 894 listed companies, 938 stocks and 18 trillion yuan stock market capitalization, with 199 government bonds, 284 corporate bonds, 24 funds, and repurchase warrants and other trading varieties, and initially formed a multi-level blue chip market with large blue chip enterprises and large and medium-sized enterprises jointly developing. It is the world's fastest growing emerging stock market.

As of April 2011, the number of Listed Companies in the Shanghai Stock Exchange amounted to 905, with a total value of 22196 billion yuan, a total value of 197765 billion yuan, a circulation market value of 159418 billion yuan, and a total of 26383 billion yuan.

At present, the Shanghai Stock Exchange has become the sixth largest stock exchange in the world.

Zhou Qin said that in recent years, the pace of Quanzhou enterprises listing has been very fast, and we are very concerned about this.

This time I come to Quanzhou to hold a lecture, and I hope I can have more opportunities to contact with Quanzhou enterprises.

Quanzhou enterprises are keen on overseas listing, not only because the circulation abroad is short and fast, but our process and speed have also been greatly improved. We hope that we can have more opportunities to serve the Quanzhou enterprises.

The best time to go public

Zhou stressed that it is the best time for asset securitization.

He said that since the Shanghai Composite Index hit a 6214 high historical point, the total market capitalization of Shanghai stock market was nearly 28 trillion yuan by the end of 2007, the average price was 19.04 yuan, corresponding to the company's earnings per share of 0.42 yuan, and the average price earnings ratio was nearly 42 times, the average net assets per share was 2.72 yuan, and the net market rate was about 7 times that of October 16, 2007.

Up to April 2011, the average price of Shanghai stock market was 8.91 yuan, the price earnings ratio was about 18 times, and the net market rate was about 2.8 times.

As the average stock price and the market price ratio have more advantages, the enterprises that have the intention of securitisation will gain more shares of listed companies according to the market price after the appreciation of assets valuation.

"Even if we can not say that it is the best, it is at least a secondary advantage."

He hints that the listing of Quanzhou enterprises can achieve the highest value of shareholders by effectively and rationally utilizing the platform of capital operation.

For poor enterprises, it is possible to introduce powerful enterprises through pfer of control, and then share net assets income.

Speeding up the listing of Quanzhou Enterprises

Baofeng shoes are listed in Hongkong, Maxwell holdings are listed in Malaysia, naschuan pipes are listed on the Shenzhen Stock Exchange's growth enterprise market (the first gem enterprise in Quanzhou) and min FA aluminum is listed on the SME Board of Shenzhen Stock Exchange.

In the first 4 months of this year, there were 4 new listed companies in Quanzhou and 2 billion 100 million yuan in financing.

So far, 65 listed companies in Quanzhou have been listed, and the initial public offering funds have been converted into RMB 33 billion 100 million yuan.

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Zhou Qin Ye believes that the listing enthusiasm of Quanzhou enterprises is very high and commendable.

At this stage, it is undoubtedly the most effective way for enterprises to be bigger, stronger and better.

Quanzhou enterprises should have the courage to develop into a public enterprise from non public enterprises, but also have the courage to attack the A stock market and win a bright future for enterprises.

Shishi enterprise listing boom

"Shishi enterprises will be more willing to go public than ever before."

Comrade Shishi listed, told reporters that this year, the government organized a number of listing business training, almost full field.

Some enterprises are led by CEOs and executives are dispatched collectively.

It shows unprecedented enthusiasm for listing.

The enthusiasm of listed companies is rising, which is strongly promoted by the municipal Party committee and the municipal government.

Since last year, our city has further strengthened the organizational leadership and coordination efforts of the listing work. This year, we intensified our policy support and promulgated the "Shishi people's government's opinions on further promoting the restructuring and listing of enterprises", which highlighted the expansion of policy coverage and the elimination of concerns about the listing of enterprises. The scope of support was wider and the intensity was greater, and the support services measures were closer to the needs of enterprises.

It is also a key task for Shishi to do well in coordinating services and effectively solve the difficulties and problems encountered by enterprises in restructuring and listing.

The "green channel" treatment is applied to the general administrative examination and approval matters related to the listed enterprises, and the historical left over problems and comprehensive problems encountered in the reform and listing are solved by adopting "one enterprise and one strategy" and the convening of the municipal government's special conferences or joint meetings.

A chief executive of Shishi told reporters that after listing, enterprises can not only enable enterprises to raise funds, reduce debt ratio and raise shareholder value, but also improve corporate governance. Only by improving corporate governance can enterprises achieve "100 years old stores".