About Sci-Tech Innovation Board Photovoltaic Dark Horse
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6 FAQs about [Sci-Tech Innovation Board Photovoltaic Dark Horse]
What is China's Sci-Tech Innovation Board?
On June 13, 2019, China inaugurated the sci-tech innovation board, a milestone in the country's capital market reform. As of the end of May, 572 companies had been listed on the board, and total capitalization has hit 5.7 trillion yuan ($785.8 billion), according to financial information provider Wind.
How to position the Sci-Tech Innovation Board at the implementation level?
To grasp the positioning of the Sci-Tech Innovation Board at the implementation level, it is necessary to respect the law of science and technology innovation, the law of the capital market and the law of enterprise development.
What are the conditions for issuance on the Sci-Tech Innovation Board?
The conditions for issuance on the Sci-Tech Innovation Board have been streamlined and optimized in relevant systems, and in the four aspects of the entity’s qualification, accounting and internal control, independence and legal operation, the conditions for the initial public offering on the Board have been specified.
What is a pilot registration-based IPO system for Sci-Tech Innovation Board?
A: Under the pilot registration-based IPO system for the Sci-Tech Innovation Board, in the review for issuance and listing, the SSE will adhere to the concept of focusing on information disclosure, and urge the issuers and the intermediaries to disclose information in an authentic, accurate and complete manner.
What are the characteristics of scientific and technological innovation?
Characterized by rapid update, slow cultivation and high risk, the scientific and technological innovation is especially in need of the support of the venture capital and the capital market.
When will Xi Jinping launch the Sci-Tech Innovation Board?
A: On November 5, 2018, CPC General Secretary Xi Jinping announced that the Sci-Tech Innovation Board will be launched and the Registration-based IPO System will be piloted on the SSE.
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