Three new board crazy storm this year, more than 20 LED companies landing

[LED]] this year, three new board fiery degree unabated.

According to relevant statistics, as of December 1st, three new board listed company reached 4407, of which the number of companies using the market to do the transfer of the number of transactions amounted to 998, the number of companies using the agreement to transfer the number of transactions amounted to 3409. Three new board listed company's total share capital of 248 billion 502 million shares, tradable share capital of 89 billion 782 million shares.

LED enterprise crazy influx of new three board

Three new board is also increasingly fiery LED companies have the opportunity. With the industry reshuffle intensified, fast hold capital thigh has become a survival path. IPO boarded the motherboard, gem difficulty is too high, some small and medium sized LED enterprises through the landing of the new three board curve salvation".

First seek new three board market, to be ripe and then turn board. Analysis of the industry, LED companies want to open the door to the capital market as soon as possible, the first three new board is a more pragmatic approach.

According to the Chinese LED network to incomplete statistics, in 2015 listed on the new board of the LED enterprises have 22, of which 2 enterprises in the middle reaches of the upstream chip, package 5 enterprises (including 1 enterprises and downstream enterprises lighting capacitors) 15.

Note: the data in the table are from the annual reports of the enterprises or the public transfer instructions. "Revenue", "net profit" column unless otherwise specified (such as 1-4 refers to the enterprise revenue and net profit in 2015 1-4 month, Q1 refers to the companies in the first quarter 2015 revenue and net profit, 2014 refers to the enterprise in 2014 full year revenue and net profit), refers to the enterprise in mid 2015 revenue and interim net profit.

LED companies crazy influx of three new board, indeed also get the real benefits. In the past, our company to the bank to seek loans, often met with a cold reception, but after the new three board listing, the banks in recent months but the initiative to come to the door, willing to provide loans. "As Jiangmen's first successful listed companies in three new board, Guangdong juke lighting director of Limited by Share Ltd, deputy general manager Wang Junhua said in an interview with Nanfang Daily, three new board listed enterprise is to change obviously, which means" let us enterprises open the door to the capital markets, in the development path have more possibilities. "

This year successfully listed on the new board of the emerald market (831804) financial director, secretaries Tong Hong Shen had also said in an interview, the new board listed the great significance to the development of emerald, enhance the morale of employees, employees are more rewarding, but also help enterprises to attract talent, retain talent; foreign customers. And the confidence of suppliers is greater emerald.

Three new board problems still exist

There is no doubt that the listing of three new board to allow enterprises to have a financing path, external credit can be increased, can boost morale. However, the coin has its other side.

After the enterprise successfully landed three new board market, some high-quality listed company can quickly attract the attention of investors, but also a lot of had to hold the financing and enhance brand value of the enterprise and lofty ideals and high aspirations for a variety of reasons and dreams dashed.

Three new board's current outlook is not very clear, in order to return to the new board, companies have to pay a variety of costs, the gamble is still a little big for the enterprise. Analysis of the industry, which is also the reason why many companies for three new board prohibitive.

Apart from financing uncertainty, lack of liquidity, the new board valuation is too low also widely criticized. In addition, with the increase in the number of listed company and trading funds, irregularities also showed an increasing trend, as of May 21st, there are three new board listed company 12 Commission investigation.

However, with the introduction and implementation of the new three layered program, the above problems are expected to get a certain degree of mitigation.

November 24th, China's small enterprises share transfer system announced on the national share transfer system listed company layered program (Draft) for public comment notice. According to the new board hierarchical scheme of public disclosure, in the initial stage at present three new board listed company into innovation layer and the base layer, then with the continuous development of the new third market and mature, optimize and adjust the relevant level. (text / China LED network Sophie)

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