Abstract
The NEEQ market is an important link in the construction of multi-level capital market, which plays an important role in building financing channels for small and medium-sized enterprises and improving the macroeconomic system. This report takes Zhongguancun NEEQ Enterprises as the main body of research. It systematically analyses the number of listed companies, market performance, business ability, innovation strength, social contribution and regional comparison, and presents the growth characteristics and existing problems of Zhongguancun NEEQ Enterprises. The data show that, affected by the macroeconomic situation, the overall development of Zhongguancun NEEQ Enterprises in 2018 is not optimistic, but the performance of the sustained operation enterprises is relatively stable, the R&D investment of enterprises continues to grow, and the tax burden of enterprises is significantly reduced. In addition, the overall quality and strength of Zhongguancun NEEQ Enterprises are still superior to other regions.
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Notes
- 1.
The delisting companies here only refer to enterprises that were delisted before December 31, 2018.
- 2.
The research objects are the Zhongguancun NEEQ listed companies, whose industrial and commercial registration is registered in Beijing and listed in the NEEQ, not including companies listed on the two networks (STAQ system and NET system) or the motherboard delisting company.
- 3.
The number of innovation level companies in this report is subject to the number of enterprises still in the innovation level in the “subordinate level” of NEEQ companies in WIND as of December 31, 2018.
- 4.
On May 24, 2019, the NEEQ officially released the list of companies listed on the innovation level in 2019, with 698 companies nationwide meeting the criteria of innovation level. Among them, there were 105 innovative enterprises in Zhongguancun, which is 8 more than the number of innovative enterprises (97) in Guangdong Province, and the number of innovative enterprises ranks first.
- 5.
At the end of 2017, the number of Zhongguancun NEEQ enterprises included in the statistics was 1446. At the end of 2018, the number of Zhongguancun NEEQ enterprises included in the statistics was 1224, a decrease of 222 compared with the same period of last year, a drop of 15%.
- 6.
The data related to the private placement in this book is unified by the listing date of the fixed shares.
- 7.
The average R&D intensity of the national NEEQ enterprises in 2018 is 3.23%.
- 8.
In 2018, the ratio of China’s annual research and experimental development (R&D) expenditure to GDP was 2.18%.
- 9.
Here, the 1440 Zhongguancun NEEQ enterprises in the city as of December 31, 2018 are used as the calculation standard.
- 10.
In 2018, a total of 287 Zhongguancun NEEQ listed companies applied for 1032 invention patents, and the average number of invention patent applications per company was 3.40, of which 109 companies applied for more invention patents than the average.
- 11.
In 2018, a total of 400 Zhongguancun NEEQ listed companies obtained 2144 patents, and each company has 5.36 patents, of which 24 companies have higher than the average companies.
- 12.
In 2018, a total of 180 Zhongguancun NEEQ listed companies obtained 508 invention patents, and each company has 2.82 invention patents, and 46 of them have higher invention patents than the average.
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Zhongguancun Listed Companies Association. (2019). Development Characteristics of the Zhongguancun NEEQ Market in 2018 and Suggestions for Its Development. In: The Growth Report of Zhongguancun NEEQ Listed Firms (2019). Springer, Singapore. https://doi.org/10.1007/978-981-15-0837-0_1
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DOI: https://doi.org/10.1007/978-981-15-0837-0_1
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