GEM early June the first batch of about 70 listed companies.

<P> Pass the first landing of the GEM business will likely already have from the current market conditions in the small and medium enterprises board production, this is mainly to strictly control risks and ensure the early launch of the GEM running smoothly. .In addition, a large brokerage investment banking official said, according to the process, the earliest before the end of June this year, the company will be the first landing on GEM, the first scale will be 60-70 business </ P> <P> the first batch of medium and small companies or from .Board reserve resources </ P> <P> It http:// hearing, as the "IPO and listing on the GEM management approach (draft)" on Friday (21 May) announced the industry on the first .many listed companies approved guess. .Had a higher rate of market recognition theory is first listed on GEM listed companies in the agency share transfer system of Zhongguancun Science Park in the selected enterprises. .</ P> <P> But they have recently said that due to strictly control the risk of the market was first considered, the first listed company listed in the small board reserve selected resources. ."GEM Listing to set a lower threshold, the main purpose is to small and medium business enterprises, especially small and medium sized high-tech enterprises, innovative financing channels for enterprises." This person said. .</ P> <P> the provisions under the draft, the financial position of the issuer shall meet the following conditions: the profitability of the past two years, the last two years the cumulative net profit of not less than ten million yuan, and growing; or a recent .year earnings, and net profit of not less than five million revenue last year of not less than fifty million yuan, revenue growth the last two years no less than 30%. .</ P> <P> "lower listing threshold in the investment objective, lead to an increased risk." The source said that a market in the just-established, tend to be immature, anti-risk capability is weak. .Therefore should follow the "high step" principle, the selection of good quality companies listed on the first, to prevent the Growth Enterprise Market "sick on the road." .</ P> <P> this statement with the Shenzhen Stock Exchange chairman Chen Dongzheng coincides with the previous view. .Chen Dongzheng had admitted during two sessions, the first one listed higher qualification requirements of enterprises, and second, the first scale than the small plate to more mass market principles will be taken to prevent the hype. .According to informed sources, the first number of listed companies is expected in the 20 or so. .</ P> <P> the first batch of listed companies of about 60-70 </ P> <P> According to "the Oriental Morning Post" reports, brokerage sources, in accordance with the procedure, 21 of the draft to the public, will take .down listen to public views within two weeks. .Two weeks later, the Commission will be based on feedback to modify "procedures" and finally declared officially issued with the "management approach", then, the relevant departments will gradually be accepted and reviewed the materials submitted by the company, the review period will not exceed the maximum .three months. ."In other words, the fastest before the end of June, there will be the first company qualified GEM landing." The source said. .</ P> <P> about the current preparations for the Shenzhen Stock Exchange has 200 listed resources. .Shenzhen Stock Exchange chairman Chen Dongzheng once during the two sessions, announced that the volume is too small to avoid the initial launch will be taken each time the number of listed homes in the form of 60-70. ."Official data, the first of dozens of listed companies." A Shanghai investment company official said the first batch of enterprises are "in good quality" companies. .</ P> <P>.