Research On The Influence Of New Three - Board Market On Small And Medium - Sized Enterprises

The over the counter market is always an imperial supplement of the whole capital market, developing the National Equities Exchange and Quotations is thus an important step of the establishment of the Multi-level capital market, which our country has pay critical attention on. Great changes have taken place to this market until now, the small and medium sized enterprises are now scramble for the opportunity to list on NEEQ, compared to the dismal market ten years ago. The small and medium sized enterprises, as an indispensable part of the development of our economy, has contributed enormously to our society, such as the employment and the technique inventions, however they met some obstacles during their development, especially in the process of financing, owing to inside and outside reasons, and this prevent them from enlarging in a short term. The appearance of the NEEQ really bring a cure to all of this.The "Two Net" system has laid a solid foundation to the NEEQ, by retrospecting the NEEQ development history, this article ascertain the necessity of the NEEQ expansion. After ten years’development, enormous change has taken place in this market.,this article analyzes the functions the NEEQ from depicting the capitalization, industry distribution, trade volume and other aspects. At last combing the specific cases of the listed companies, and state the positive significance it brings to the development of the small and medium sized enterprises in aspect of establishing and improving system of corporate operation and management, improving the public recognition, establishing the stock exchange platform and directed financing.