YRD Capital Market Service Base opens in Zhangjiang
The Yangtze River Delta Capital Market Service Base is located in Zhangjiang Science City in Shanghai's Pudong New Area and covers an area of 12,000 square meters. [Photo/eastday.com]
The Yangtze River Delta (YRD) Capital Market Service Base was officially opened in Zhangjiang Science City, Shanghai's Pudong New Area, on April 10.
The service base was jointly developed by Pudong New Area and the Shanghai Stock Exchange to support the science and technology innovation board and the integrated development of the YRD region.
At present, the base provides 10 service functions, including debt financing service, credit information sharing, information release consulting, professional service matching and financial risk prevention.
"The service base will serve all science and technology innovation enterprises in the YRD region," said Wang Hua, deputy director of Pudong New Area.
At the opening ceremony, 12 cities and districts from the YRD region signed an initiative to promote the integrated development of high-quality capital market services in the region.
"The base can help companies like us who are planning to list on the science and technology innovation board to understand the capital market and precisely connect with financial services," said Da Shengwei, CEO of Xiaoyi Technology Co Ltd.
Pudong has set up a special team to help science and technology innovation enterprises get a head start in listing on the board. At present, relevant departments are providing professional training services to the enterprises.
The Shanghai Stock Exchange has received IPO applications from 57 enterprises as of April 9, 2019, including seven from Pudong.
The hall of the Yangtze River Delta Capital Market Service Base. [Photo/pdtimes.com.cn]
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