Research On Financing Strategy Of Technology-Based Sems In The Neeq Market

Technology-based small and medium-sized enterprises(SEMs)develop as a long-term strategic task of China innovative construction,which conforms to the strong demand of the current economic development transformation. With the rapid development of China’ s economy, each kind of commercial pattern suddenly rises. It has become a new force to promote the economic transformation development. Under promoting of market economy, fierce competition of all types of enterprises and severe market environment increase the difficulty of survival and development of technology-based SMEs.Financing difficulties and single channel have become important factors of restricting their development. NEEQ as a new territory of China capital market provide main service object to technology-based SEMs. The main services are financing, shares transfer, transfer plate and other financial services, which solve the financing problem of technology-based SEMs in great extent. The NEEQ market conform to the current characteristics of independent innovation and implement innovation-driven development strategy, it will develop into the new way of financing for technology-based SEMs, and it also becomes to a circulation platform of technology-based SEMs transfer development,which is a convenient channel of various types for investors’ funds circulating.This study based on the condition of NEEQ’ s expansion, taking technology-based SEMs as research object. On the basis of fully research the financing theory, widely refer to some related measures and advanced experiences of technology-based SEMs at home and abroad. We summarize existing financing path, characteristics and difficulties of technology-based SEMs; analyze the feasibility of realizing the new channels of financing under the NEEQ market of technology-based SEMs. Finally we conclude the strategic suggestion for the NEEQ market financing of technology-based SEMs.