The New Third Board Market Financing Problem Research Of Henan Minzheng Agricultural And Animal Husbandry Co.,Ltd

Since the Central Government has expressed concern and support for the development of agricultural enterprises many times in recent years,the “Central No.1 Document”issued has also been involved,so the investment fever for agricultural enterprises in the market has gradually increased.The number is also a growing trend in the National Equities Exchange and Quotations market.By June,2020,a total of 196 agriculture-related enterprises in China had been listed on the new third board.So far,the number of agriculture-related enterprises listed on the new third board far exceeds the number of agriculture-related enterprises listed on the Shanghai stock exchange and the Shenzhen stock exchange.However,with the increase of the number of listed agriculture-related enterprises in the new third board market,the overall amount of financing expands,and the financing status of individual listed agriculture-related enterprises is somewhat poor,and the financing status of agriculture-related enterprises remains to be paid attention to.First of all,this paper starts from the overview of the new three board of agricultural enterprises and enterprise financing,through the analysis of the financing supply and demand status of Henan Minzheng agricultural and animal husbandry,it finds that the company financing has financing problems such as limited fund-raising objects,relatively fixed financing structure,and decreasing financing amount year by year.Then,starting from the financing problem of the company,this paper explores the causes of the company financing problem,including weak profitability of enterprises,insufficient liquidity of the new third board market and imperfect exit mechanism,weak local capital market,and non-preference of investors in agriculture-related industries.Finally,based on the research and analysis of the financing problem of the company,the countermeasures and suggestions to improve the financing situation of Minzheng agriculture and animal husbandry new three board market in Henan are proposed.It has played a role in promoting the development of Henan agriculture,improving the competitive strength of related enterprises,and thus strengthening the team capabilities of the enterprise.Proposals were made in terms of policy guidance and comprehensive enterprise management,to speed up the production technologyinnovation,at the same time focus on capital market dynamics,followed by the capital market reform,seize the opportunity to promote their own development;Government may establish agricultural industry alliance,led by support agricultural enterprises can improve the ability of independent innovation,promote financial technology support agricultural enterprise indirect financing,support local financial investment institutions,push for pratt &Whitney financial aggregation patterns and structures,"zheng silver bear" policy financing guarantee platform incentive policy to help the people were such as agriculture and animal husbandry,etc.New three board agricultural enterprise development in Henan province.This paper aims at promoting the development of Henan Minzheng agriculture and animal husbandry in Henan province,and hopes to provide some reference for the development of the company.