Analysis On The Financing Effect For SMEs In Hebei NEEQ Board

By the end of December 31,2016,there were 195 small and medium-sized enterprises listed in the NEEQ Board market in Hebei province,accounting for about 2% of the total number of new three boards in the country.Large number of small and medium-sized enterprises in Hebei province,accounting for over 90% of the overall company in Hebei province,the development of small and medium-sized enterprises in Hebei province,the economic reform plays an important role in the process of ascension,however,the recent development of small and medium-sized enterprises are increasingly highlights the financing difficult problem,while the new three board market provides a new platform for small and medium-sized enterprise financing.Hebei's small and medium-sized enterprises should hold fast to the opportunity of the new three boards to expand and expand rapidly,and to solve the problem of financing difficulties of enterprises in the new three board financing platform.By combing the domestic and foreign related literature found only in the current research explored the new three board market development present situation,since the national expansion and new three board for small and medium-sized enterprise financing difficult problem are analyzed in different angles and analyses the reasons of the financing difficulties of small and medium-sized enterprises,the lack of area in Hebei province based on the characteristics of the new three board financing effect analysis.Therefore this paper from the liquidity,private placement,profit ability three aspects to explore the new three board overall financing current situation in Hebei province,the analysis results show that the new three board market in Hebei province overall financing activity from the national new three board market and the larger gap,the new three board market in Hebei province there are less liquid,and the problems of the price discovery function needs to improve.Again,based on their own in the internship involvement in Cangzhou Four-star Glass Co.,LTD as a case,from the perspective of liquidity,private placement,profitability qualitative analysis listed on the new three board four glass effect of financing and the financing effect after make inspection,quantitative analysis of liquidity,directional issuance and profitability to four-star glass financing effect.Finally,the article summarizes four glass new three board financing experience of success,for other small and medium-sized enterprises in Hebei province in the new three board to provide reference of financing,but also to optimize the new three board financing effect to provide the corresponding Suggestions in Hebei province.