Research On The Financing Issues Of Small And Medium-sized Information Technology Enterprises Of Thenew Third Board In China

At present,the rapid development of Chinaundefineds economy has brought benign development environment and potential to the development of information technology small and medium-sized enterprises.Although the operating scale,asset scale and personnel scale of enterprises are relatively small,it is beneficial to promote the optimization and promotion of the overall development level of our society.In the new period,information technology small and medium-sized enterprises have gradually become the main force in the financing market.From decentralized management to intensive management,they have experienced a course of development,and gradually expanded from the domestic market to the international market.Among them,the development of information technology small and medium-sized enterprises in China is facing the trend of high efficiency.According to the investigation,the proportion of information technology SMEs in the total number of SMEs in 2017 is as high as 60%,revenue and net profit rose by 20 per cent and 13 per cent respectively from a year early,and the proportion of patent invention is more than 57%.Information technology small and medium-sized enterprises have made great contributions to the economic development of our country.The new third-board market is an important bridge for the financing of technology-based information technology small and medium-sized enterprises and their way to the main board market,as well as an important component of the stock market.It works with other markets to promote the establishment and perfection of our countryundefineds multi-level capital market.The new third board market has attracted peopleundefineds attention from the beginning of its emergence,among which the most important concern is the variability of the performance of the new three boards.A sound new third board market is conducive to the development of many aspects,such as the planning of domestic information technology small and medium-sized enterprisesundefined venture capital investment model,the improvement of multi-level capital market,and the implementation of economic reform policy.Although the new three-board provides a development platform,but many information technology SMEs have not been obvious development after listing.The purpose of this paper is to help the new three-board market to develop better.In the past,financing was used as the basis to study and find solutions to the existing problems.This paper synthesizes the whole financing situation of information technology small and medium-sized enterprises in the new third board of our country,introduces the financing situation of the current information technology small and medium-sized enterprises in the new third board,and takes the concrete enterprise of Huaxida as an example.It is concluded that after the listing of the new third board,its financing impact and existing problems.The conclusions are as follows:the financing channel is single,the financing cost is high and the financing mode dependence is too strong.But in order to realize the long-term development of the company,the information technology small and medium-sized enterprises must pay more attention to the new third board market to play the positive effect,weaken its negative influence.It is the only choice that information technology small and medium-sized enterprises must make in establishing effective financing mode,developing capital market and improving the efficiency of capital use.