Innovation Growth & Economy
2021year12month30Today, "Innovation-driven Growth & Economic Development" - CBN Little Lion100The index release event was successfully held at the Shanghai TV Tower in Shanghai Media Group's headquarters. Yang Yudong, the chief editor of CBN Financial News, delivered a speech on behalf of the organizers. Huang Yuncheng, former deputy director of the Policy Research Office of the China Securities Regulatory Commission, and Yin Yantai, director of the Hua'an Securities Research Institute, gave keynote speeches. Frost & SullivanFrost & SullivanMr. Xu Biao, Executive Director of Frost & Sullivan's Greater China Region, was invited to attend the event and host a roundtable discussion. He joined forces with guests such as Jiang Yuan, Chairman of Zhichun Technology, Fei Zhi, President of GCL Energy Science & Technology, Su Bin, General Manager of Feikai Materials, and Xue Lixin, President of Jingrui Electric Materials, to explore the core driving forces for the growth of small and medium-cap enterprises.
Little lion100Indices are selected by CBN after quantitative screening, subjective research, and supplemented by first-hand field investigations.100homeASmall and medium market value listed companies, aiming to reflectACompanies with healthy financials, steady growth, emphasis on R&D and innovation, and leading growth potential in niche industries100Market price performance of small-cap listed companies in China.
Yang Yudong, Chief Editor of CBN
Yang Yudong stated that CBN has always been practicing frontline tracking and research on microeconomic entities in its daily news coverage, deeply feeling the surging momentum of China's high-quality economic development. In this process, we have found that among many 'small but beautiful' listed companies, there are those dedicated to import substitution with hard technology, those leveraging their strengths in strengthening and supplementing chains, as well as tomorrow's stars under the trend of carbon peak. Therefore, CBN has fully launched the 'Little Lion Growth Potential Research Program' and the 'Little Lion Growth Potential Index Project' this year, focusing on these outstanding small and medium-cap listed companies with high growth potential.
Huang Yuncheng, former deputy director of the Policy Research Office of the China Securities Regulatory Commission
The theme shared by Huang Yuncheng is 'Listed Companies are an Important Force in Promoting China's Economic Development'. Huang Yuncheng believes that the most important indicator for evaluating listed companies is market value. Currently, market value is100Listed companies with less than 100 million yuan3000Home, accounting for70% - 80%The transformation and upgrading of these listed companies will be the main focus of the entire listed company transformation and upgrading in the future.100Yuan to1000Yuan billion represents a significant growth potential. Little lion100The index mainly studies market capitalization at50hundred million~800A listed company worth hundreds of millions is currently within this range.
Yin Yantai, Director of Research Institute at Hua'an Securities
Yin Yanji stated in his speech that since the establishment of the Sci-tech Innovation Board, many technology companies have gone public, and in the future, many technology companies may grow into enterprises with market values exceeding one hundred billion. Many technology companies2017In [a certain year], the market value was only a few hundred billion, or even just a few hundred million. However, leading enterprises in artificial intelligence and industrial Internet have now steadily reached a market value of hundreds of billions, which started from that time. We are currently at a stage where the industrial era is transitioning into the information age, with new and old technologies replacing each other. The future will be the information age, and the core resource of the information age is data. In the past two years, the growth rate of the global digital economy has far exceededGDPGrowth rate, this is the general trend of the times.
What are the important factors for the growth of small and medium-cap listed companies? How are they different from large-cap enterprises like CATL and WuXi AppTec? By CBN Little Lion100At the index release event, Xu Biao, Executive Director of Frost & Sullivan China, discussed with Jiang Yuan, Chairman of Zhichun Technology, Fei Zhi, President of GCL Energy Science & Technology, Su Bin, General Manager of Feikai Materials, Xue Lixin, President of Jingrui Electric Materials, and others the core drivers for the growth of small and medium-cap enterprises.
Roundtable Discussion: Observations on the Growth Potential of Small and Medium Market Cap Enterprises
Jiang Yuan, Chairman of Zhichun Technology, stated that throughout its journey, Zhichun Technology has been most concerned with strategic management and the construction of innovation capabilities. She mentioned that financial resources, core technology, and the ability to acquire high-end talents are the three core competencies that, alongside strategic management capabilities, are of utmost importance.
Xue Lixin, President of Jingrui Electric Materials, believes that the development of Jingrui Electric Materials requires four elements. The first is a market capacity with high-speed development and scalability; the second is products with core competitiveness; the third is a team characterized by wolf-like traits; and the fourth is capital.
Su Bin, General Manager of Feikai Materials, stated that for listed companies to achieve long-term growth, two major elements are needed. One is diversification from downstream industries and diversification of products within the same industry. As an advanced materials enterprise, this is a direction for future growth. Second, for a materials company, independent research and development should be carried out alongside external collaboration.
Fei Zhi, President of GCL Energy Technology Group Co., Ltd., stated that for an enterprise to achieve higher-speed development, there are several characteristics: First and foremost, it is necessary to find the right track; a small track definitely cannot support large-scale operations. Secondly, innovation is essential. Currently, the degree of homogenization is also very high, so there must be a good business model and technological competitiveness. Thirdly, it comes down to the team and mechanisms. Talent is the primary resource, and the mechanism is the fundamental guarantee for leveraging talent's capabilities.
The good wind favours the brave; now is the time to set sail. It is reported that Frost & Sullivan, in collaboration with its strategic partner LeadLeo, Navigator/navigatorPlan ” at2022Upgrade annually and set off anew. In addition to continuing to assist start-ups and small and medium-sized growing enterprises, the plan will further cover outstanding small and medium-cap listed companies with high growth potential. It will provide companies with the necessary professional knowledge and services for sustainable growth, empower them to upgrade their business models, improve internal efficiency and strategic development, and enable them to quickly establish value advantages.
As of2021At the end of the year, Navigator/navigatorPlan ” We have helped over a hundred enterprises complete in-depth research, uncover their investment value and growth potential, provide value dissemination services, grasp industry trend dividends, and assist them in achieving all-round growth, expansion, and strengthening. Whether supporting 'Little Lions' or empowering 'Dream Chasers', Frost & Sullivan and LeadLeo always believe in and support the original driving force of the Chinese economy, persist in research-driven strategies, place a heavy emphasis on China, strive with Chinese entrepreneurs and grow together.
