The Research Of Effect Of SMEs Being Listed In The New Three Board

Since the reform and opening up,the number,size,output value and profit contribution of SMEs have been rapid growth.And the SEMs have made tremendous contributions to strong growth in order to improve the level of China's overall economy.In other aspects of jobs,exports,taxes paid,these companies had promoted the healthy and orderly operation of the national economy.However,in the post-crisis era,with domestic and international economic slowdown,the external situation which enterprises have to face is more complex and diverse.Also these companies must to face the dual pressures of reducing external demand and increased internal operating costs,SMEs have suffered unprecedented challenges.Thus,capital investment determines the size and growth of the quality of enterprises,but also related to the ability of the company to win new opportunities in economic shocks.Currently,it has become a world problem of SMEs to finance in capital market.The introduction of the new three board is an important opportunity to solve the financing difficulties of SMEs.This paper take H company as example,through the analysis of its effect of success listed in the three new board to solve the financing difficulties,then make recommendations of SMEs in China.This paper is divided into five parts,the first part is the introduction of this article,highlighting the background and significance of the article,and describe methods and innovative.The second part is the background of this case.First of all,it review the theory and collate literature;then,it introduce the brief history of the development of three new board,and to analyze the current situation;and finally,access to many relevant materials,combined with the daily learning and cognitive analysis reveals that the promotion and development of three new board market necessity and practical significance.The third part is the details of the case.In this paper,the selected cases,H Company is a SME,with great innovation and initiative,and in line with today's society respected technological development requirements.The company traded through the new three board market.The article also focus on the company's development process,its operation and listed on a detailed analysis of the reasons and so on in order to pave the way papers case studies.The fourth part is a case study.This section belongs to the paper focuses on paper only from the company's liquidity,directed replenishment and financial aspects to analyze the effect of the listing,but also to non-financial aspects also made a corresponding explanation,can be seen by the new Third Market traded,the company successfully through the financing difficulties,adequate preparatory funds,promote self-operation and development.The fifth part is to summarize the findings.This part will analysis the outcome of the case,whereby the proposed the new three board listing the advantages of financing transactions,as well as the future development of high hopes.