Research On IPO Conditions And Supervision System Of China’s New Energy Enterprises

At the 75 th UN General Assembly,China announced that it would strive to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.To achieve the double carbon goal,we need not only to reduce the use of traditional conventional energy such as coal and oil,but also to develop traditional alternative energy,namely new energy technology.This has laid a long-term good prospect for the development of new energy enterprises.IPO is a way for many enterprises to obtain direct financing.It has the advantages of large scale and marketization.It is one of the very good systems to encourage enterprises.On January 30,2019,the CSRC issued the opinions on the implementation of the pilot registration system for the establishment of the science and innovation board in the Shanghai Stock Exchange,and the pilot registration system,which marked the official landing and implementation of the registration system of China’s A-share IPO issuance system.The system effectively solves the phenomenon of "IPO barrier lake" formed by the accumulation of enterprises with listing financing needs due to the cumbersome audit process under the approval system.However,new energy enterprises have their own industry characteristics.The relevant provisions of the registration system may not match the characteristics of new energy enterprises,and the incentive for new energy enterprises is insufficient.Therefore,the main problem to be discussed in this paper is to study the conditions and supervision in the IPO issuance system,in order to find out the issuance conditions and supervision requirements more suitable for the IPO of new energy enterprises,Encourage new energy enterprises to increase technological innovation in order to form a competitive advantage in the world.The first part of this paper mainly expounds that IPO of new energy enterprises is one of the important ways to convert capital into low-carbon from the perspective of system.Through a brief analysis of China’s existing IPO issuance system and the establishment of science and innovation board,coupled with certain data statistics,this paper discusses the importance of matching special issuance system for new energy enterprises.The author takes two important issues in the IPO issuance system as the main research object of this paper.One is the issuance conditions and the other is the issuance supervision.The second part focuses on the conditions in the IPO system of new energy enterprises: "financial index standards,new energy attribute requirements." Carry out certain analysis and statistics in order to obtain the IPO conditions suitable for new energy enterprises.The third part studies the supervision of IPO issuance to ensure the investment value and sustainable innovation ability of new energy enterprises on the premise of relaxing financial indicators through the improvement of the supervision system.In the fourth part,according to the previous analysis,the author tries to put forward some constructive suggestions on the main argument of this paper "matching special IPO system for new energy enterprises" for reference.