GEM Companies Take Immediate Action To Actively Explore The Use Of Refinancing

< p > reporter learned from < a href= "//www.sjfzxm.com" > Shenzhen Stock Exchange < /a >, after the China Securities Regulatory Commission promulgated (Finance court) to implement the Interim Measures for securities issuance management of listed companies on GEM (hereinafter referred to as "management measures") and gem related information disclosure guidelines, GEM companies immediately took action and actively explored the use of refinancing to promote the development of the company.

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< p > June 17, 2014 night, pole information [-3.91% Fund Research Report] (300324) and LIAN energy [-3.52% Fund Research Report] (300343) the two companies disclosed plans for non-public offering a href= "//www.sjfzxm.com/news/index_s.asp" > stock < /a >.

Prior to this, Jinfu new material [0.95% fund research report also put forward a motion entitled "shareholders' meeting of the company authorized the board of directors to apply for non-public development bank stock financing no more than ten percent of the net assets of the latest year".

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< p > "management measures" has introduced a "small, fast and flexible" refinancing mechanism that meets the characteristics of gem enterprises, which meets the rapid and flexible refinancing needs of gem enterprises which are in urgent need of capital.

From the previous three companies that launched the refinancing scheme, three companies have adopted the "small quick refinancing" method proposed in the "management measures" to raise small refinancing which does not exceed 10% of their net assets and does not exceed 50 million yuan, which shows the practical characteristics of GEM companies.

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< p > reporter is concerned that the information of pole rotation and LIAN energy has been identified in the resolution of the board of directors, and the ten major shareholders have been refinancing through the way of independent sales, and the subscription of funds has been enthusiastic.

For example, the total amount of the proposed fund-raising information is no more than 50 million yuan, all of which are subscribed by the Chinese business fund management company of the former ten largest shareholders and the China Post venture fund management company.

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< p > the industry generally believes that < a href= "//www.sjfzxm.com/news/index_c.asp" > gem < /a > companies actively use the "small rapid refinancing" of management measures to obtain the funds needed for sustainable development, which will help reduce financing costs, speed up the efficiency of financing, further enhance the quality of company assets, and truly play the key supporting role of gem in effectively supporting the sustainable growth of innovative and technological companies.

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