For two weeks in a row, string of good news have spread over Shandong's capital market!

Recently, the reporter learned from China Securities Regulatory Commission (CSRC) and Shenzhen Stock Exchange that the IPO application of Qingdao Decai Decoration Co., Ltd. (hereinafter referred to as "Decai Decoration") was approved by the CSRC, and Qingdao Richmat Intelligent Technology Co., Ltd. (hereinafter referred to as "Richmat Intelligent") was accepted by the Shenzhen Stock Exchange for its GEM board IPO. Meanwhile, the official website of Shandong Securities Regulatory Bureau also recently announced the IPO guidance work summary reports of Shandong Taipeng Environmental Protection Materials Co., Ltd., Shandong Bangji Technology Co., Ltd. and Shandong Yarward Electronics Co., Ltd., implying that the three companies are expected to submit IPO materials in the near future and join the A-share listing queue.

In recent years, Shandong province has been continuously speeding up the pace of transition from old to new drivers of growth, and Shandong enterprises have kicked off their intensive planning for listing. At the same time, the efforts for SOE mixed ownership reform in Shandong Province focused on asset securitization have achieved further results.

To take Shandong Iron & Steel Group as an example, with the smooth listing of Zhongtai Securities in June last year, the number of A-share listed companies of Shandong Iron & Steel Group has hit three. Moreover, Shandong Iron & Steel Group also owns one Hong Kong stock listed company of Luzheng Futures and one new third board listed company of Luxin Materials.

Guoming Ductile Iron Pipe, which was recently announced that it would receive listing guidance, is also expected to become the fourth A-share listed company of Shandong Iron & Steel Group, which may also become the second ownership enterprise of Shandong Iron & Steel Group Shandong Iron & Steel Group to complete the SOE mixed ownership reform through asset securitization.

On January 22, 2021, the Information Office of Shandong Provincial Government held a press conference to introduce that in 2020, there would be 29 new listed companies in Shandong, an increase of 61% over the previous year. By the end of 2020, Shandong Province has reached approved and passed 24 companies, 32 enterprises under review and 105 enterprises under guidance, all reaching a new high in recent years.

In 2021, Shandong's capital market will usher in the "bumper year" of listing. According to the statistics by www.dzwww.com reporters, 13 companies have been successfully listed in the A-share market since this year. As of June 18, there are 240 listed companies in Shandong, with a total market value of more than 3.6 trillion yuan.

According to the official information disclosed by China Securities Regulatory Commission, as of June 14, 2021, there are 757 enterprises under review for A-share IPO information disclosure, including 95 on the main board of Shanghai Stock Exchange, 53 on the main board of Shenzhen Stock Exchange, 177 on the science and technology innovation board, 382 on the growth enterprise market and 50 on the selection layer of the new third board. Among them, Shandong's capital market has 114 companies waiting for IPO and listing.