Research On The Financing Of Scientific And Technological Small And Medium Enterprises In The New Three Board

Corporate finance is essential to enterprises which has been a focused research topic of domestic and foreign scholars. The research towards corporate finance is continuous till now, since the capital marketing appeared.The new third board listed companies mainly in the medium and small enterprises, small and medium enterprises as the main force in the national economy, for the promotion of employment of residents, the real economy has an extremely important role. However, due to the small size of SMEs has assets may be less collateral, market risk characteristics of its widespread financing problems. It offers three new board is in a mature market, high-tech and innovative sources of financing, to promote development and growth of SMEs and the establishment, but also for the investors to share the high-growth SMEs by the new board of the platform provided the conditions. But on the other hand because of the limited capacity of SMEs use of funds, will be selected considering the cost of financing public financing to make more efficient use of funds.This paper selects a representative high-tech companies as a case of SMEs, after a full analysis of the company appears in the current financing process issue, listing and financing plan, combined with the latest three new board policy and the new board listing It claims that the company has three new board listing requirements, and the new board of public financing in line with the company’s strategic planning. Face public financing involved are very wide, this article will be divided into five stages of public financing, I think the second phase market counseling entire listing process is key to the success period. For companies listed on financing problems, the paper proposes countermeasures, and the listing of the program focused on counseling were designed to fully analyze the risks faced by listed companies, after the company’s financial condition and profitability of the company’s organizational structure, Governance recommendations for improvement.For sustained profitability problems encountered in the networking company listing process, independence, internal control, the company’s core competitiveness, and so do a certain degree discussed and proposed solutions. The author of the case the company listing process analysis and design to arrive at a practical case of public financing programs to address the company’s financial problems, but also for the case of a company listed with the nature of the company’s decision to provide a reference of ideas.