Professional analysis: why LED lighting companies rob's new three board?

So far, there are still many entrepreneurs to chew elder brother said: 'my enterprise development well, why want to go to the new three board? Become a public company, not restrict a lot, it's not that necessary. And the so-called 'new three board nuggets', is not on the new three board circle retail money? I compare righteousness, so not on the new three board. Questions about why the new three board ', is a topic that is said bad, but on elder brother or to begin with this problem. Chew brother thought, on the new three board, the most direct the most obvious is the purpose of financing. What other governance results specification, public company, it is a foil. So, have a powerful inner enterprise talked: 'I don't lack of money, don't need financing, so I need not on new three board! 'Chew brother sometimes don't want to argue, because this is not a few words can say, especially for the financial foundation is weak, can perhaps, over fifty thousand words. Then, on this topic, chew elder brother only to briefly introduce the new three board market positioning; Again and again that the new three board to the enterprise; Finally, the enterprise in the new three board financing convenience. Conclusion is: the modern enterprise, if not combined with capital market, chew the elder brother can only say that it is out, will be abandoned by the market, especially the growth enterprises. , of course, only understand the ideas of enterprise to embrace the capital market, listed on the new three board. But on the other hand, chew elder brother also know that not all enterprises can understand, and not all businesses will be able to use the capital market. So, not to embrace the new three board, in the future there will be a great probability get out is the way of mergers and acquisitions, because the law of the world history of enterprise has been very clear, is a process of mergers and acquisitions and mergers and acquisitions, and mergers and acquisitions are mostly by the capital market, oneself by listing, high premium, to complete the industry consolidation. New three board market positioning multi-level capital market in the third layer of the new three board is an important component of China's multi-level capital market: the first layer is the shenzhen stock exchange and the Shanghai stock exchange main board; The second layer is the shenzhen stock exchange for small and medium-sized board and gem; The third layer is the new three board; The fourth floor is the local equity market ( The four board) 。 And four plates, according to the State Council on rectification of various types of trading places to guard against financial risk decision '( The country is sent [ 2011 】 38) And The General Office of the State Council on the implementation of the rectification of various types of trading places opinion '( Guo fa do 【 2012 】 37) Relevant provision, is T + 5 trading system, which bought after 5 days to sell. Therefore, it can be said that China's four plate has no future. So the mainboard, small and medium-sized plate, the gem has developed very well, and four board can't development, therefore, can develop the new three board only. Policy based on December 13, 2013, the State Council released the 'state council on issues concerning national small and medium-sized enterprise stock transfer system decision, The country is sent [ 2013 】 No. 49) ( Hereinafter referred to as the 'decision of the State Council') Share transfer system, made clear that the small and medium enterprises is approved by the State Council, according to the securities law set up a national securities exchange; The CSRC will implement the 'decision of the State Council' about matters when a reporter asked, points out that the stock transfer system is in the third national stock exchange, after the Shanghai and shenzhen stock exchange in place on the nature and legal status, the same as the stock exchange, is the important component of the multi-level capital market system. Is clear to policy, the new three board is parallel to the shenzhen stock exchange, the Shanghai stock exchange, no subordinate relations, visible position. So, don't think the new three board is better than A shares, it is very wrong. Floor and otc markets according to the provisions of the CSRC, belong to 'non-listed public company' new three board, the A shares are 'listed public companies'. The difference between the 'public' and 'private', belongs to the field is mainly A shares market, trading desks, and the new three board belongs to the over-the-counter market, there is no trading desks. However, due to the advanced electronic system at present, based on the otc market is only two concepts of finance, and has no any affiliate or less difference. Don't think the court is tall. The nasdaq and otc markets, has been more than the nyse and the exchange, to become America's biggest exchanges. Who can say the new three board will not repeat the nasdaq's story? The next page 12