Study On The GRM IPO Financing Problems Of New High-tech Enterprises In Our Country

In contemporary China, innovation has become central enabler of economic and social development and the main body of innovation is enterprises. So expanding new high-tech enterprises and accelerating innovation of new high-tech enterprises become intrinsic requirements of economic and social development. The development and innovation of new high-tech enterprises can hardly achieve without the support of large amounts of money. Then GEM IPO becomes an important platform of new high-tech enterprises to finance. Meanwhile, as the reform of registration system being the direction of new round reform in capital market, it brings new opportunities and challenges to GEM IPO of new high-tech enterprises. Therefore, this article studies on the GEM IPO financing problems of new high-tech enterprise in our country.Firstly, this article does theoretical research review of new high-tech enterprises and defines the related concepts of new high-tech enterprises, IPO financing, GEM and the reform of registration system. Secondly, explore in-depth about the reasons, details, measures and development direction of the reform, starting with historical background of approval system. Thirdly, do perspective analysis about opportunities and challenges new high-tech enterprises face in GEM IPO financing. Finally, put forward suggestions to boost GEM IPO financing of new high-tech enterprises according to above perspective analysis and the experience from advanced countries and areas.