The Financial Normative Research Of ZY Technology Co., Ltd. Listing The Three New Board

Property rights exchange, stock exchange, the Third Board market constitute our OTC market, but did not reach a nationwide scale, the National SME shares transfer system as a new board to run the system has covered the whole country, and has become a true national OTC market. During the New Third Board market growing, the financial problems before companies listing the New Third Board have cached more and more attention. Currently, with increasingly stringent requirements of the Commission, stock transfer, Securities Regulatory Bureau, they require spot checks to verify shareholders,key management personnel personal bank account details and transaction counterparty details in the declaration of the project If the business being reported checks or verification have large differences between inside and outside companies, then, they will be severely punished. While regulators’financial disclosure requirements are more and more higher, financial discipline has become the regulatory focus before and after companies listing the New Third Board, so financial discipline is essential to the companies who intend to list the New Third Board.In this paper, the research summarizes the financial discipline problems that should be focused and solutions of technological SME in the process of listing the New Third Board, proposes measures, ideas and practical guidance to deal with the New Third Board companies’financial normative issues with analysizing the ZY Technology Co., Ltd.’ financial standard problems before listing, based on the analysis of ZY’s administrative and financial status. This paper is divided into six chapters. The first chapter is the introduction describing the research background, purpose and significance, research ideas, methods, innovation and lack of research, it is also the generalization of full text; The second chapter outlines the origin of the New Third Board, lists the New Third Board listing rules and requirements, and describes the financial management theory and principal-agent theory, establishing the theoretical basis for the analysis of the text; In the third chapter, the history and structure of ZY Technology Co., Ltd. and the company’s operations in the industry analysis and competitive analysis is described in detail, a detailed description of the status of corporate governance is also made to lay the environment foundation for the following financial analysis, and then it introduces the ZY technology companies’current financial problems before listing and the specific financial issues needing to standardize in the ZY technology company; The fourth chapter analyzes ZY Technology’s financial regulatory issues in three aspects of the awareness of financial norms, accounting basis and non-standard funding issues; The fifth chapter puts forward suggestions to ZY Technology Co., Ltd. listing the three new board’s of by strengthening financial discipline awareness, accounting basis and capital reality. Chapter six is to summarize this study and prospect the development for future study.