A Research On The Financing Effect Of The Small And Medium Sized Technology Enterprises Listed On The New Third Board

Under the background of the socialist market economy,the New Third Board Market has created a financing platform for the rapid development of small and medium-sized enterprises.Since the beginning of 2014,the new third board market has continuously grown in size and its number of listed companies has also gradually increased,So that the country's small and medium micro-enterprises saw tailor-made financing platform for them.In particular,small and medium-sized SMEs are generally small in scale and have great potential for development.Successful financing is one of the important factors for their rapid growth.In recent years,the market of our country has been in a steady and rapid state of development,in which small and medium-sized enterprises occupy a larger scale and their development is playing a decisive role in the economic development of our country.In order to make our country's economy develop steadily and healthily,the financing of S&T-based SMEs is the first issue to be solved.The New Third Board market provides a platform for S&T SMEs to promote their own financing.Gradually improve the financing effect of small and medium-sized technology enterprises,so as to improve the structure and function of capital market.So,for small and mid-sized enterprise financing effect analysis on the New Three Board on the one hand,can promote the rapid development of this kind of small and medium-sized enterprises,on the other hand also for the subsequent growth of the New Three Board make more mature health financing environment and financing platform.First of all,explain the research background and significance,and put forward the research ideas and framework,research methods.Second,the related theoretical research has been carried out.Mainly combing the financing-related theory,capital structure theory and MM theory related to the research,providing the theoretical basis for the follow-up study.Third,the status of technology-based SME financing.This paper introduces the status quo of development and financing characteristics of small and medium-sized technology-based enterprises,lists the current financing mode and financing difficulties of small and medium-sized technology-based enterprises,and analyzes the reasons for the formation of the difficulties.Fourth,combined with the case of CliniSciences successful placement of specific cases,the comparative analysis of the new board after the third board CliniSciences comparative analysis of various financial and financial indicators summary of the advantages of successful financing summary of the new three board market financing of science and technology SME Significance,inspire other technology SMEs how to use the successful financing of the new board.Fifth,conclusion and outlook.It will summarize the research point of view,summarize the full text,put forward some suggestions on how SMEs in science and technology can make better use of the new three-board financing,and look into the future of the third board and other related financing channels.