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SSE Service Base inaugurated in Beijing E-Town

Updated: 2023-05-24

The unveiling and signing ceremony of the Shanghai Stock Exchange (SSE) Capital Market Service Base in Beijing E-Town took place on May 19. 

During the ceremony, Zheng Haitao, deputy director of the Beijing E-Town Administrative Committee, and Dong Guoqun, deputy general manager of the SSE, signed a strategic cooperation agreement and unveiled the service base, marking further support for corporate listing and financial services in Beijing E-Town.

Zheng stated that Beijing E-Town is the main field for Beijing's real economy and a gathering place for innovation and entrepreneurship. Many national high-tech enterprises here can provide high-quality listing candidates for the SSE. With the implementation of the comprehensive registration system, the cooperation between the two parties will have promising prospects.

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The unveiling and signing ceremony of the Shanghai Stock Exchange Capital Market Service Base in Beijing E-Town [Photo/beijingetown.com.cn]

The two parties will explore and nurture high-quality listed companies, strengthen information services for investment and financial matchmaking, and expand infrastructure construction financing channels based on Real Estate Investment Trusts (REITs). 

With the establishment of the SSE Service Base, Beijing E-Town has formed a favorable situation with the presence of service bases of the three major domestic securities exchanges (SSE, Shenzhen Stock Exchange, and Beijing Stock Exchange). 

The area will take this opportunity to enhance the quality and efficiency of listing services, and serve as a steward for enterprises, according to the Business and Financial Bureau of Beijing E-Town.

To date, there are a total of 48 listed companies in Beijing E-Town, with a total market value exceeding 2 trillion yuan ($283.62 billion). They cover various industries such as integrated circuits, biomedicine, and intelligent manufacturing. 

Meanwhile, Beijing E-Town continues to consolidate its reserve resources for future listings, with more than 270 companies in the reserve pool.

A symposium was held after the unveiling ceremony, during which the two parties exchanged views on stocks, bonds, REITs, and other topics, and conducted in-depth discussions on key enterprises and cooperative projects.