Days ago, Yichang State-owned Assets Supervision and Administration Commission set up a special team and took the forms of talk, questionnaires and inquiries on the Internet to carry out a research on seven listed companies including the Hubei Yihua Group, Angel Yeast, Yichang Transportation Group, and some groups to be listed.

　　According to the survey, there are seven listed companies in Yichang: Hubei Yihua Group, Angel Yeast, Yichang Transportation Group, Xingfa Group, Hubei Sanxia New Building Materials, Shuanghuan Science and Technology and Sound Environment. Their total assets volume reached 87.45 billion yuan at the end of 2014, realizing operating income of 44.21 billion yuan in the year, and profit reached 1.559 billion Yuan, they accounted for 64.01% and 43.07% of the 250 state-owned and state-controlled business respectively. (It was 57.67% and 20.86%, exclusive of the Sound Environment Co., Ltd) The data suggested that these listed companies have played a very important role in supporting the local economic development.

　　Hubei Yihua, which used to produce only ammonia fertilizer to a comprehensive enterprise, is now an integrated enterprise covering chemical fertilizer, chemical engineering, finance, commerce and trade, and machine manufacturing. With its operating receipt rising from 3.6 billion yuan in 2004 to 18.18 billion yuan in 2014, it ranks the 163 among the top 500 enterprises of China.

　　Angel Yeast is a national high and new technology enterprise, which has gone national and global from Yichang during 10 years, with its investing and setting up factories in Egypt and Russia successively, and its capacity of production increased from 2000 tons to 40 thousand tons, and the its scale of production stably kept first in China and third in the world. The production was sold to more than 140 countries and regions.

　　Xingfa Group rapidly expanded after being listed in June 1999, fostering over 70 subsidiary companies and the total assets up to 24.8 billion yuan, owning 131 parents. The sales revenue reached 26.2 billion yuan in 2014, profit and tax up stood at 1.365 billion yuan, ranking the 497th in the top 500 enterprises of China.

　　Faced with the impact on the  passenger transportation market resulted from high-speed rail opening, Yichang Transportation has witnessed active transformation and reaction ,relying on the abundant strength to merge and recombine the road passenger transportation enterprises of the counties(towns, districts)， opening the inter-city bus in Yidu, Changyang, Xingshan and so on, which promoted the development process of the integration of urban and rural passenger transport.

　　Sanxia New Building Materials was listed as important high-tech business in the National Torch Plan, the 100 top building materials of China and the 10 top enterprises of the China flat glass manufacturing industry within 3 –year-span of its being listed. In 2014, the operating receipt reached 1.303 billion yuan, becoming one of the important supports to the economic development of Dangyang district.

　　Shuanghuan Science and Technology, purchased by Yihua in February 2011, and producing sodiun carbonate, ammonia chloride and sodium bicarbonate as leading, is one of the biggest sodium carbonate produced enterprise in China and also the biggest enterprise of combined-soda manufacturing enterprise in the world. With its technical improvement and upgrade, and its constant promotion of the product research and invention, Shuanghuan Science and Technology has gradually moved from the dilemma to turning loss into gain, and its prospect is brilliant.

　　Sdic Resources Development (old name-Eguard Resources Development) is a high-tech environmental protection enterprise, integrating investment, research and development, consult, design, construction, operation and the equipment manufacture. The business covers many fields, including water supply, disposal of rubbish and garbage, the environment modification and so on. It owns perfect industrial chain and was reputed to “The Top 100　Listed Enterprises of the China Growth”, and “ The Top 100 Enterprises of Jiuniu Listed companies”.

　　According to the statistics, in recent five years, there were only five state-controlled enterprises or shareholding enterprises, such as Hubei Yihua, Angel Yeast, and Yichang Transportation which paid the local revenue of reaching billion yuan and State-Owned Capital Gains 0.374 reaching billion yuan. Sound Environment and its subordinate enterprises paid 0.4 billion yuan revenue at the same period, promoting the development of local economy and society. The average return on assets of seven listed companies is 6.27%, the investors were well paid.

　　The research suggested, though the vitality of the capital market in our city increased step by step, according to the demand of the assets capitalization and the capital securitization, there still existed a certain gap. On one hand, the rate of the capital securitization was low. The total market value of the seven listed companies was 50.452 billion yuan at the end of 2014.Though the rate of the capital securitization was about 30 %, the rate of securitization of whole caliber was only 15,34 percent, which was lower than the average level of 12.23% in our province. On the other hand, the foster intensity of the listed companies wasn’t enough. Since November, 2011, Yichang Transportation have appeared on the market in Shengzhen Stock Exchange and our city has not added a listed company so far. According to statistics provided by Hubei Securities Regulatory Bureau, so far among 16 companies, which has applied for listing and reported to the Securities Regulatory Bureau in our province, there is only one Yichang companies-Heixuanfeng.

　　Among 22 enterprises reported to the securities companies in Hubei, there were only 2 Yichang enterprises: HEC Group and Hebei Heyuan Gas.In Yichang, only Xiazhou Group and Materials Group were classified as provincial reserved listed companies. Compared with other cites and states, the strength of cultivating reserved listed companies should be enhanced.

　　Industries will bring prosperity to cities, as to Yichang, there is still a long journey to go in bringing the enterprises to market.