On October 20, Hubei Yemingzhu Steel Ball Bearing Manufacturing Company signed an agreement on the cooperation of wind-powered bearing ball with an investment company. The latter will utilize the equity transaction to raise funds and market the independently researched and developed oil-free and self-lubricating bearing.

　　The sole pattern of financing of middle and small-sized enterprises relying on banks has been broken by the attempt to take advantages of the capital market. Since this year, 3 private enterprises of Yidu have stepped into the capital market and expanded their development through the successful public listing in Wuhan Equity Transaction Management Center.

　　For a long time, the middle and small-sized enterprises have mainly depended on the traditional ways of financing by the bank and pledge loan. In this year, Provincial Government has unveiled a series of preferential policies in succession to enhance the development of capital market and support middle and small-sized enterprises, and depend on the platform of Wuhan Equity Transaction Management Center to offer such services as equity trust, listing transaction and pledge loan to middle and small-sized enterprises. In August, Yidu HuaYi Tool Co., Ltd was publicly listed in Wuhan Equity Exchange and successfully issued 10,000,000 shares of total equity, starting the ice-breaking trip to step into the capital market for middle and small-sized enterprises of Yidu City.

　　The Financial Services Office and Economic Informationization Bureau of Yidu City actively follow and signed a comprehensive strategic cooperation agreement with the Provincial Equity Transaction Center, to support and encourage the enterprise\'s share reform and listing and financing in Equity Transaction Center by offering the preferential policies, and to invite experts on capital operation to train and guide the enterprise. The way of financing has expanded the financing vision of each person in charge of his enterprise, so that they begin to standardize the governance structure of business entity and to strengthen the management and innovation of the enterprise. On the eve of National Day, both Yemingzhu Steel Ball Bearing Manufacturing Company and WanXin Precision Casting Co., Ltd were successfully listed in Wuhan Equity Exchange and issued 8,000,000 shares of total equity respectively, which would bring opportunity to help the enterprises achieve a great stride from product-oriented management to capital-oriented management.

　　As introduced by the head of the Financial Services Office and Economic Informationization Bureau, listing in Equity Management Transaction Center is the first step for the enterprise to enter the capital market. After the listing, a new channel of direct financing of the off-site transaction market will be developed through such a series of "incubation" as hosting deal, corporate financing and perfection of the operation of shareholding system. Presently, it will be planned to push a group of leading enterprises into capital market and open a special performance of Yidu in Wuhan at the end of October, which now has attracted 8 enterprises to make agreements with the attempt for listing of 5 among them, to introduce investment companies to carry out the direct equity investment into enterprises, to promote the business combination and the smaller enterprises to be bigger and stronger with the capital as a link.

　　At present, 3 enterprises of Yidu have been listed in Wuhan Equity Exchange, while such 11 enterprises as TuLaoHan and HuaYang Chemical Engineering have been brought into reserve.

　　(Correspondent Yang Xianfeng)