On Nov. 27, the Local Financial Bureau of Yichang city held multilevel training courses of capital market financing, with administrators of more than 120 enterprises coached and trained this time.
During the training courses, Yang Tao, chairman of Heyuan Gas Corporation which has recently obtained IPO approval, shared the experience of the listed enterprise. Experts from Tianfeng Securities, Shanghai University of Finance and Economics, Wuhan Equity Exchange Center trained the enterprises administrators and answered their questions
At present, there are 10 listed enterprises（Heyuan Gas Corporation is excluded for the time being）in Yichang, 20 new three board enterprises and 170 four board enterprises in our city. 6 enterprises are selected as provincial level Gold Seeds, and 20 enterprises are chosen as Silver Seeds. The number of listed enterprises ranked first among cities of the same level in Hubei province.
This year, incentive policies were introduced successively in Yichang city, such as a reward of 8 million yuan to listed enterprises with main board, small and middle board, start board, science and technology board or Hong Kong H-share by stages, 2 million yuan to new three board listing and the subsidy from 0.5 million to 1 million yuan for refinancing of listed enterprises. In our city, a reward of no more than 1 million yuan shall be granted to the establishment of Equity Investment Firms, a reward of 0.3 million yuan to new municipal branches of securities, futures, etc., and 0.1 million yuan to intermediary agencies that set up branches like business departments in urban areas, such as accounting firms and law firms with securities qualification. Provincial enterprises getting ready to list, which were qualified as Science and Technology Innovation Board Seeds, Gold Seedsand Silver Seeds were rewarded with 0.1 million yuan or 0.5 million yuan respectively. In 2019, the municipal government finance carried out the reward and subsidy of 6.6 million yuan. (Reporter Xiaomin, Correspondent Yangming)