Eight departments: support eligible small and micro enterprises to list on the New Third Board, and list on the Beijing Stock Exchange after standard growth.
The State Administration of Financial Supervision and Management and eight other departments jointly issued "Several Measures to Support Financing for Small and Micro Enterprises", supporting small and micro enterprises to engage in equity financing. Support eligible small and micro enterprises to list on the New Third Board, standardize their growth and list on the Beijing Stock Exchange, guide more social capital to gather towards innovative small and medium-sized enterprises, and drive mutual growth of small and micro enterprises in the same industry, up and downstream. Support local financial regulatory departments to continuously enhance the standardized cultivation and equity financing service capabilities for small and micro enterprises in their jurisdictional regional equity markets. Support venture capital funds to increase their equity investments in start-up and growth-stage small and micro enterprises. Explore and optimize the performance evaluation mechanism for government investment funds, extend the evaluation period, increase risk tolerance, and play a good guiding role in early and small investments.
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