Although the relevant rules of the Science and Technology Innovation Board are still under discussion, the concept of venture capital in the A-share market is hot.
Dongcai Choice data shows that since November 5th, the entire venture capital sector has increased by more than 12%. Among them, the stock prices of Zhangjiang High-tech, Shibei High-tech, Luxin Venture Capital, etc. have doubled, and a number of venture capital concept stocks such as Fudan Fuhua, Jiuding Investment, etc. have continued to rise by the limit, with an increase of more than 70%.
Regarding the great opportunities of the Science and Technology Innovation Board, many chairman of listed companies expressed their optimism in interviews.
It is reported that under the high attention of investors, some listed companies with projects stated that they are "already taking active actions."
Information Development said: Subject to relevant conditions and policies permitting, the company's subsidiaries will not rule out listing on the Science and Technology Innovation Board in the future.
According to the reporter's review, the main subsidiaries of Information Development include Cuisu Cloud Information Development Co., Ltd., Guangdian Information Development Co., Ltd., Shanghai Zhuisu Information Technology Co., Ltd., etc.
Yaxia Shares disclosed that its subsidiary Yingchuang Technology, as a company with completely independent technological innovation, has the basic conditions for listing. It is reported that Yingchuang Technology's 3D printing commercialization has achieved results, and it has achieved profitability in 2017. Currently, Yingchuang Technology has 133 patents, including 19 invention patents. It is the first high-tech company in the world to master 3D architectural printing.
Shanghai Xinyang said in response to investor inquiries that it believed that major shareholders would make wise and correct choices.
Shanghai Xinyang holds 27.56% of Shanghai Xinsheng. In terms of stock price performance, Shanghai Xinyang’s stock price has increased by more than 30% since the 5th.
Shanghai Xinyang’s semi-annual report disclosed that Shanghai Xinsheng achieved operating income of 78.2589 million yuan and a net profit of 10.1456 million yuan in the first half of 2018.
Zhejiang Furun is more direct, saying that its companies will plan according to the listing standards of the Science and Technology Innovation Board. Since the 5th, the cumulative increase in Zhejiang Furun’s stock price has reached 22.5%, with the increase on the 16th being as high as 9.96%.
Phoenix Media stated that it will make every effort to promote the listing of relevant subsidiaries. As early as late October, Phoenix Media began to experience a wave of market trends, with its stock price rising by more than 30%.
"Please let us know as soon as possible whether you can be listed on the Science and Technology Innovation Board." In response to the "anxiety" of investors, many companies took the opportunity to hold "project roadshows." For example, Naiwei Technology disclosed a number of investment targets such as Naiwei Intelligent and Concentrated Energy Crystal Source.
Like secondary market investors, venture capital institutions are also gearing up, hoping to get a taste of the "head soup" of the Science and Technology Innovation Board.
“We have two suitable companies in Shanghai and are currently helping them sort them out. We hope to seize the opportunity next year and become backup targets.” A person from a well-known venture capital company told reporters with confidence. The venture capital company personnel further explained that although the detailed rules of the Science and Technology Innovation Board have not yet been released, the general direction is there. The company will maintain continuous and timely communication with securities firms and investment banks and wait for the release of the detailed rules.
Wang Lin, founding partner of CDH, responded to reporters: More than half of the companies invested by CDH Innovation and Growth Fund meet the requirements of the registration system.
As a fund under CDH that focuses on venture capital investment, CDH Innovation and Growth Fund has deployed more than 20 early- to mid-stage innovative companies in the past, mainly in the TMT, innovative drugs, and artificial intelligence sectors, of which more than half There are many companies that meet the requirements of the registration system, such as big data company Shulian Mingpin, Yitai Education, innovative drug Stansai, artificial intelligence company Lingdong Technology, etc. CDH said it will communicate with the corresponding regulatory authorities as soon as possible and recommend outstanding companies that meet the requirements of the Science and Technology Innovation Board.
It is reported that CDH Innovation and Growth Fund has invested at least 10 billion yuan in the field of technological innovation in the past, including SenseTime Technology, Koubei.com, Eft Robots, WeChat Invoice, Leading Drugs, and Fengchao Technology and many other companies that lead industry innovation and development.
(Source of article: Shanghai Securities News)