Yan Qingmin: setting up a select layer is the starting point of further deepening the reform of the new third board

category:Finance
 Yan Qingmin: setting up a select layer is the starting point of further deepening the reform of the new third board


Good morning, everyone!

Promoting the reform of the new third board is a major decision-making and deployment of the CPC Central Committee and the State Council. With the joint efforts of all parties concerned, today, we usher in the historic moment of setting up a select level and upgrading the first batch of enterprises! First of all, on behalf of the CSRC, I would like to express my warm congratulations on behalf of the CSRC! Under the special background of epidemic prevention and control, we would like to extend a warm welcome to all the guests and friends who participated in the activity online and offline! I would like to express my heartfelt thanks to friends from all walks of life who have been caring and supporting the construction of the new third board market for a long time!

The new third board is an important part of the multi-level capital market system and an important platform for serving innovative, entrepreneurial and growing small and medium-sized enterprises. Over the past seven years of operation, it has done a lot of pioneering work in enriching the market hierarchy, improving the differentiated institutional arrangements, and broadening the direct financing channels for small and medium-sized enterprises The road of Inclusive Finance in this market. Since last year, in order to promote the structural reform of the financial supply side, the CSRC, together with the Beijing Municipal Party committee and municipal government, has comprehensively launched the deepening of the new third board reform. It has launched a series of innovative measures, such as the establishment of a selective layer, the establishment of a public offering system, the optimization of investors suitability arrangement, and the establishment of a transfer mechanism. These measures are conducive to stimulating the vitality of the new third board market, promoting high-quality economic development and better services The construction of the four centers in the capital will play an important role in promoting. The establishment of the selected layer is not only a milestone in the development of the new third board, but also the starting point for further deepening the reform of the new third board. We will focus on building a multi-level capital market system with Chinese characteristics, adhere to the direction of marketization, legalization and internationalization, further promote the reform of registration system, transaction settlement and other basic systems, innovate financing products and tools, do fine and fine selection level, promote coordinated development of selection level, innovation level and basic level, strengthen market supervision and risk prevention, and constantly improve the new third board market The radiation force, attraction and competitiveness of the field. It is also hoped that all parties concerned will continue to care and support the reform of the new third board, jointly promote the sustained, stable and healthy development of the new third board market, and strive to create a standardized, transparent, open, dynamic and resilient capital market. Thank you! Source: responsible editor of China Securities Regulatory Commission: Wang Xiaowu_ NF

The new third board is an important part of the multi-level capital market system and an important platform for serving innovative, entrepreneurial and growing small and medium-sized enterprises. Over the past seven years of operation, it has done a lot of pioneering work in enriching the market hierarchy, improving the differentiated institutional arrangements, and broadening the direct financing channels for small and medium-sized enterprises The road of Inclusive Finance in this market. Since last year, in order to promote the structural reform of the financial supply side, the CSRC, together with the Beijing Municipal Party committee and municipal government, has comprehensively launched the deepening of the new third board reform. It has launched a series of innovative measures, such as the establishment of a selective layer, the establishment of a public offering system, the optimization of investors suitability arrangement, and the establishment of a transfer mechanism. These measures are conducive to stimulating the vitality of the new third board market, promoting high-quality economic development and better services The construction of the four centers in the capital will play an important role in promoting.

The establishment of the selected layer is not only a milestone in the development of the new third board, but also the starting point for further deepening the reform of the new third board. We will focus on building a multi-level capital market system with Chinese characteristics, adhere to the direction of marketization, legalization and internationalization, further promote the reform of registration system, transaction settlement and other basic systems, innovate financing products and tools, do fine and fine selection level, promote coordinated development of selection level, innovation level and basic level, strengthen market supervision and risk prevention, and constantly improve the new third board market The radiation force, attraction and competitiveness of the field. It is also hoped that all parties concerned will continue to care and support the reform of the new third board, jointly promote the sustained, stable and healthy development of the new third board market, and strive to create a standardized, transparent, open, dynamic and resilient capital market.

Thank you!