MBMC News Flash: Gansu offers a maximum reward of 10 million yuan to fully support and promote the listing of enterprises.
Furthermore, for enterprises that complete their initial public offerings (IPOs) on the domestic Main Board, ChiNext, STAR Market and Beijing Stock Exchange, equivalent subsidies will be granted based on their actual listing expenditures, with a maximum cap of 10 million yuan;
The Action Plan specifies that it will further improve the incentive policies for listing and going public. Enterprises will receive gradient incentives ranging from 100,000 yuan to 10 million yuan for their listing and IPO efforts, together with corresponding tax preferences, and the implementation period will be from 2023 to 2025.
Furthermore, for enterprises that complete their initial public offerings (IPOs) on the domestic Main Board, ChiNext, STAR Market and Beijing Stock Exchange, equivalent subsidies will be granted based on their actual listing expenditures, with a maximum cap of 10 million yuan;
For enterprises whose registered address and operating entity are located within the administrative region of Gansu Province and that complete their IPOs on the Hong Kong Stock Exchange (HKEX) or other major overseas stock exchanges, equivalent subsidies will be granted based on their actual listing expenditures, with a maximum cap of 5 million yuan;
For high-quality listed companies from other regions that relocate to Gansu Province or complete backdoor listings and relocate their registered addresses to within the province, equivalent subsidies will be granted based on their actual listing expenditures, with a maximum cap of 5 million yuan;
Enterprises listed on the National Equities Exchange and Quotations (NEEQ, the "New Third Board") will receive equivalent subsidies based on their actual listing expenditures, with a maximum cap of 1 million yuan;
Enterprises that complete shareholding system reform, get listed on the Gansu Equity Exchange and raise funds will be awarded 100,000 yuan.
Up to now, Gansu Province has a total of 36 listed companies (35 A-share listed companies and 1 H-share listed company); 25 NEEQ-listed companies; and 2501 display-listed enterprises on the regional equity market.
It is learned that Gansu Province will next fully tap the resources of listed and pre-listed enterprises. Every year, it will select enterprises with prominent main businesses, strong competitiveness and good development prospects into the provincial key reserve resource pool for planned listing enterprises. It will also combine optimizing the business environment with serving enterprises' listing and promoting the high-quality development of listed companies, simplify administrative examination and approval procedures, help enterprises resolve historical legacy issues encountered in the process of restructuring, listing and going public, and remove barriers to enterprises' listing.
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