Research On The Listing And Financing Of X Company In NEEQ

Past two years, China’s real economy goes whole down,The companies which are smaller and having slightly less funds are in the growth stage of financing "difficult" "expensive" "dangerous" "chaos" problem become a key business factor that restrict the development,the problem also become a issue of public concern in recent years.Company X is a potential He Nan NEEQ listed company,5 consecutive years to keep the company financially sound operation and have great potential.But the national real economy down has brought a lot of liquidity problems to small and medium-sized enterprises.The fond of National Equities Exchange and Quotations settle a new road for small and medium-sized enterprises to solve their financial problems.Since 2006, the Zhongguancun Science and Technology Park in the non listed shares of the company to enter the agency share transfer system, offer for sale of shares,the NEEQ market began to cause the parties concerned.From Dec 2013,The State Council issued a decision which means the NEEQ market had expanded to the whole country,With the new on-line trading system, market maker system was introduced, the Commission access to financial institutions to relax, various funds participation enthusiasm, active trading continues to increase, to be further reflected the NEEQ market financing function, also contributed to the NEEQ has become a hot topic in the academic circle and Practice circle pay close attention to together.Although the new three board market has no direct financing function, but it provides financing convenience for many small and medium enterprises, brings the standard management, enhance the image, such as mergers and acquisitions for the enterprise service system.The expansion and further development of the NEEQ provides a new way to solve the financing problems of small and medium sized enterprises in the growth period.In this context, this topic take X company as an example by faces to the enterprise environment and demand of, using the concept of theory analysis and practical cases analysis, combined with the evaluation of similar small and medium-sized enterprises, the problems appeared in the practice of the listing, for X company to design the programs listed in the NEEQ market and later directed additional financing scheme.Listed companies listed on the process of common problems such as corporate restructuring, capital contribution flaw, kilometers of governance is not perfect, the company’s financial situation and other issues to sort out and solve the problem. Finally, follow up the development of enterprises and make a summary for the national small and middle-size companies in the new three board listing to provide theoretical and practical reference.