Science and Technology Innovation Board New Stock Photovoltaic

How much is China's Science & Technology Innovation Board worth?

As of July 2020, it is valued at more than US $400 billion. On November 5, 2018, Chinese leader and CCP general secretary Xi Jinping delivered a speech, announcing that China will "launch a science and technology innovation board (‘SSE STAR Market’) and the pilot registration-based IPO system at the Shanghai Stock Exchange."

Should a Sci-Tech Innovation Board disclose a prospectus?

Compared with other boards, the Sci-tech Innovation Board should attach more importance to the disclosure of the matters related to the sci-tech innovation in the prospectuses, but at present quite a few companies have the problem of insufficient disclosure.

Does SSE accept applications for issuance & listing on Sci-Tech Innovation Board?

A: On March 18, the listing and listing review system of the SSE officially accepted applications for the issuance and listing on the Sci-tech Innovation Board. On March 22, SSE decided to accept the applications of the first batch of nine companies.

What is the growth rate of sci-tech innovation enterprises?

Fourthly, the companies’ growth is encouraging. The sci-tech innovation enterprises with applications accepted recorded an average growth rate of 42% in operating revenue on an annual basis in the most recent year, with 22 companies growing by more than 50% and 7 by more than 100%.

What are the characteristics of sci-tech innovative enterprises?

The matters such as the core technologies, the R&D personnel and the R&D investment are important characteristics of sci-tech innovative enterprises, which provide an important basis for the investors to learn about and judge whether the issuer has the capacity of sci-tech innovation.

Are China's Science and technology innovation enterprises able to make breakthroughs?

Generally speaking, most of China's science and technology innovation enterprises are in the stage of trying to make breakthroughs and many of the them have certain capability of technological innovation and competitive advantage in the market.