4month27day,2023The fourth session of the 'Golden Seeds' listing special training at Nanguang Valley, titled 'An Analysis of Early Investment and Financing, Equity Incentives, and Listing Practices for Technology-based Enterprises', was successfully held in the large conference room on the third floor of the Optics Valley Science and Technology Building. The event was sponsored by the Wuhan East Lake High-tech Finance Bureau and organized by Haitong Securities. The purpose of this event is to provide more professional and resource support to companies preparing for listing, helping them stand firm for the future.IPO listingFrom a macro perspective, better plan the capital market path at its source and underlying layers.
Frost & SullivanFrost & SullivanZhang Zhiwei, Executive Director of Frost & Sullivan Greater China, was invited to participate in the event and delivered a speech on 'Using In-depth Research to Assist Science and Technology Innovation Enterprises in Preparation'.IPO listingAnd Long-Term Development Together with Hu Xuan, the Director of Healthcare Industry at Haitong Securities and Sponsorship Representative, Wang Zhe, the Director of Investment Banking at Haitong Securities and Sponsorship Representative, Xiong Chuan, a Partner at Zhong Lun Law Firm, Jiang Hao, the Deputy General Manager of Hubei Daily Fund Management Co., Ltd., and Zhang Enxue, a Partner at Tianjian Accounting Firm, we discussed and analyzed the early investment and financing, equity incentives, and listing practices of technology-based enterprises.
Executive Director, Greater China, Frost & Sullivan Zhang Zhiwei
Zhang Zhiwei stated that in-depth industry research is of great significance, as it spans every stage of a company's development from startup to maturity and growth, covering business planning,IPO listing, growth consulting, and other various tasks. Pre-IPO financingStage 1: Business Plan Writing, Sales Forecast/valuationIPO listingPreparation of prospectuses and Q&A during the process, preparation of fundraising reports, verification of experimental data, andESGBoth annual report updates and industry research are inseparable from in-depth analysis.
atIPO listingphases, industry data and materials will be widely referenced inIPO listingIn each link of the declaration.
Pre-listing Collaborated by the company, sponsor team, lawyers, and industry consultants, this effort analyzes the technological advancement of the company's products, equipment, process applications, etc., and sorts out the company's leading positions. Match exchange listing guidelines, prioritizing leading positions and industry tracks; Prepare an industry analysis report based on the company's track, listing prospectus, and industry section requirements. Includes market size data, competitor analysis, market drivers, future development trends, and more; Provide full Q&A and responses regarding industry-related issues encountered during the listing process. Including inquiries from regulatory authorities during the listing process, questions from investors during investment roadshows, etc.; through comparison with competitors, Highlight the company's competitive advantages Provides investors with an intuitive understanding and judgment of the company through market ranking information, Support the company's valuation.
Zhang Zhiwei pointed out that during the listing process, regulators will conduct multiple rounds of inquiries. In terms of business, it specifically involves the current development status of the market where the enterprise operates, multi-dimensional comparisons with major competitors, especially quantitative and qualitative comparisons related to competitors. Detailed industry data support is required to better meet the inquiry requirements and accelerate the listing process.
Enterprises in the fields of medical devices, pharmaceuticals, cutting-edge medical technologies, and medical servicesIPO listingIn the process, in-depth industry research support is even more necessary. "Zhang Zhiwei further added, since2019yearASince the launch of the Sci-tech Innovation Board, Frost & Sullivan's share has reached72.3%Due to the high demand for business and industry analysis in the fifth set of issues, systematic use of industry advisory services was adopted. Frost & Sullivan's share of clients served under the fifth set of standards has reached83.8%(Number of projects).
In addition to industry consultants,IPO listingThe fundraising project reports and feasibility studies also rely on in-depth industry research, and Frost & Sullivan can provide enterprises with a one-stop IPO listingOverall solution and feasibility study of the fundraising project report.
The fundraising project report includes an analysis of the future market prospects of the project, a construction plan for the project, implementation and supporting conditions of the project, the estimated amount of funds raised, as well as a use plan. The future3 - 5Annual development plan, project risk analysis and control measures, project feasibility study conclusions, etc. Feasibility study work From planning and designIPO listingThe fundraising project has started and is being compiledIPO listingFeasibility report for fundraising and investment projects, assisting enterprises in completing the filing procedures (obtaining filing documents) with local development and reform commissions and other government departments for each fundraising and investment project, handling environmental impact assessment approvals, assisting in dealing with the fundraising and investment inquiry opinions from the China Securities Regulatory Commission, and providing follow-up services until the enterprise successfully passes the review.
In the growth consulting sector, industry research is equally significant for strategic management consulting and business due diligence. " Based on industry research, we gain insights into market frontiers including products, technology, channels, and customers. We offer advice for internal decision-making and assist in formulating corporate strategic plans. "Zhang Zhiwei said.
The industry research framework provided by Frost & Sullivan to support corporate strategic planning includes in-depth analysis of the macro environment of the industry, target customers, company products, competitors, and prospects for niche markets. The content covers a comprehensive and high-quality network and database of first-hand intelligence analysis. It combines primary research with secondary data, conducting repeated cross-validation on the obtained materials based on thorough research, striving for a balanced view between qualitative and quantitative approaches, and ultimately providing a crucial reference for business analysis and decision-making.
Finally, Zhang Zhiwei introduced the consulting services of Frost & Sullivan to all the guests present. He said, As a global growth consulting firm, Frost & Sullivan brings together the world.62years of consulting experience,25Over the years, we have dedicated ourselves to serving the booming Chinese market with a commitment to helping enterprises grow. We deeply engage in global capital markets and corporate consulting services, providing comprehensive investment and financing as well as various other professional consulting services for enterprises. We are committed to offering local clients insights into the global and Chinese markets covering all industries.
The East Lake High-tech Zone is fully promoting the listing of enterprises, establishing “131"Full-process service system - establishment"1A listing guarantee service mechanism, the construction of the Optics Valley Investment Banking Base Project, the foundation-laying project for listing on the Beijing Stock Exchange, and the Golden Seed Cultivation Project3The major listing special project has been launched.1A listing expressway, efficiently coordinating to solve difficult issues in the process of corporate listing. today In [year], the East Lake High-tech Zone released its financial industry development plan (2023 - 2035Annual) and Three-Year Action Plan for Financial Work2023 - 2025In addition, the special policies of 'Ten New Measures for Science and Technology Innovation Finance', the 'Ice-breaking Action' for the first loans to small and medium-sized technology enterprises, and the establishment of a deep communication mechanism with exchanges in Shanghai, Shenzhen, Beijing, and Hong Kong will provide comprehensive financial empowerment for the listing of enterprises in Optics Valley. In the future, the East Lake High-tech Zone will launch a series of measures centered around 'serving enterprise listing and serving listed enterprises', driving the high-quality development of the industrial chain through the high-quality development of listed companies, and striving to build a 'listed golden valley' with national influence.
