On the occasion of the National People's Congress, Li Yanhong, deputy of the National People's Congress and Chairman and CEO of Baidu, said in an interview that “has always hoped that Baidu can be listed in China as a whole. Any time the policy allows Baidu to return, we definitely hope to return as soon as possible. To the domestic stock market." Similarly, on the 2nd CPPCC Press and Publication Committee, Ding Lei, Chairman and CEO of Netease, stated that “I am willing to return to the A-share marketâ€. “Of course we will consider a market in preparation. , is ready to go public." More and more domestic technology companies choose to list A shares Li Yanhong and Ding Lei are formally saying that they are willing to return to A shares, while 360 ​​has already "physically practiced" at the end of February. On February 28th, 360 held a ringing ceremony at the Shanghai Stock Exchange, officially announcing the official launch of the A-share and securities abbreviation “Three-60â€. Zhou Hongyi, founder and CEO of 360 Group, said: “Many people ask me, is 360 a return to A-shares a special case? Is it unique? In my understanding, this is only the beginning, because China has entered a new era, GDP has been ranked Second in the world, there needs to be a capital market commensurate with it." It is possible to return to the A-share listing after three years of disobedience. In addition to the factors of the national economic situation, there is still a key point. Previously, the issuance department of the China Securities Regulatory Commission provided guidance to relevant brokers, including the Internet, artificial intelligence, biomedicine, and eco-environmental protection. If there were “unicorns†corporate customers, they immediately reported to the issuing department, which was relevant. The stipulated person can implement the immediate report, without queuing, and can be completed in two or three months. At the same time, according to the A-share IPO requirements, for the main board and small and medium-sized board, the net profit of the last three accounting years is an integer and accumulated more than RMB 30 million; the GEM needs continuous profit for consecutive years, and the net profit has accumulated in the last two years. At 10 million yuan. But for the unicorn companies in the above four industries, the profit requirements can be relaxed. Under such policy signals, Foxconn, which covers core businesses such as cloud services and industrial robots, quickly completed the IPO approval: from February 1 to submit the prospectus (declaration draft), to February 9th, the CSRC feedback Net, in this short period of time to complete this approval, can be described as unprecedented. Recently, the computer vision enterprise cloud from the technology also meets the conditions of the above-mentioned unicorn company, so they also quickly entered the "fast track" of the IPO declaration. After returning to A shares, 360 also clearly stated that in the big data and artificial intelligence, 360 will continue to innovate and have greater achievements. The regulatory authorities are not only opening up and approving the green channel for the technology unicorn company, but also starting from the actual situation, lowering the threshold for those companies with VIE structure: the VIE structure will not become an obstacle to immediate reporting, and can go after reporting Remove the VIE architecture Therefore, Li Yanhong specifically pointed out in the interview that "the reason why the company went public in the United States was because the policy did not allow it. Baidu's VIE structure is a foreign company from the perspective of Chinese law." If a policy barrier is found to be eliminated, Baidu's return to domestic listing is only a matter of time. In other words, the original domestic listing conditions were too strict, which is not conducive to technology companies. But now the regulatory authorities are slowly relaxing the conditions. For example, the CSRC allows companies to take VIEs while they are going through the process. This is a huge positive for technology companies to list in China. "Fat water" is determined not to flow outside the field At this stage, most A-share listed companies are still dominated by traditional industries, which is also a major factor in why the regulatory authorities will start a new policy system. In the past, Internet and high-tech companies wanted to list in A-shares. As many BATs we are familiar with are listed in China, and with the rise of technology stocks in recent years, the way this fertilizer is left to outsiders makes the regulatory authorities even more helpless. In addition, from the perspective of the macro international environment, after Trump took office, the US domestic policy tends to be conservative and contracted, and pursues the "US priority" policy. Large companies have returned to the United States, which is a kind of harm to the economies outside the United States. . In this case, domestic policies must naturally keep up, and capital must be encouraged to return to China. In addition, according to the latest statistics of CB Insights, according to investment research institutes, the global AI startups' financing amount reached US$15.2 billion in 2017, a record high. China's rapid growth in AI in the past year accounted for 48% of the investment ratio (total of $7.3 billion), more than 38% of the US. China accounted for 11.6% of 2016. In the past two years, the Chinese government has also placed great emphasis on the development of emerging technologies such as artificial intelligence, and has frequently released favorable signals from the policy side. In such a large environment, it has become a global consensus to enter the securities market through cutting-edge technological innovation enterprises such as artificial intelligence. Therefore, we are wooing and retaining more domestic technology unicorn companies listed on the A-share market. It is also a trend. Laparoscopic Scissor,Laparoscopic Straight Scissors,Double Single Action Scissors,Stainless Steel Hook Scissors ZHEJIANG SHENDASIAO MEDICAL INSTRUMENT CO.,LTD. , https://www.sdsmedtools.com
