Research On The Issues Of Switch Board In China NEEQ

Between 2016 and 2017,New OTC Market has entered the fast lane of development.Especially along with our country the government encourage the entrepreneurship and peoples innovation policy,a number of micro,small and medium enterprises will be rapid growth,this batch of enterprise development,cannot leave the strong support of the capital market,especially New OTC Market.At this stage,should meet the financing needs of different development stages of enterprises,and create in an orderly,fair and efficient capital market environment,for the development of capital market in China has vital significance and prosperity.At present,the pattern of the multi-level capital market in China has been basically established,but compared with developed economies of the capital market,capital market in China is also a lack of rich practical experience,and still need to improve on the system model.For now,the main body of capital market represented by New OTC Market in China's capital market has produced strong vitality.However,the supporting system of New OTC Market is still defective,which restricts the development of New OTC Market.An example is the lack of efficient and convenient rotating plate mechanism.At this stage,if it is convenient for establishing efficient rotating plate mechanism,make the New OTC Market listed companies can be directly through the rotating plate mechanism to Second-board Market board,Small and Medium Enterprise Board Market or Main-Board Market benign switch board,such not only can meet the financing needs of New OTC Market enterprise further,the end result will certainly make a batch of innovation ability is strong,honest and trustworthy,and market prospect of good enterprise by rotating plate to a higher level of capital market to achieve better development.Because New OTC Market in our country multi-level capital market structure in the following link,how New OTC Market and other capital market set up benign transfer board system,this subject has become a New OTC Market market reform under a deep waters.The introduction of the efficient andconvenient transfer board system will facilitate the listing of small and medium-sized enterprises directly to Second-board Market board,Small and Medium Enterprise Board Market or Main-Board Market.New OTC Market rotating plate mechanism is of great significance to our country capital market,but the present stage our country capital market has not build system of rotating plate,for the New OTC Market listed companies only through the IPO turning plate,this way of turning plate laborious,has become the bottleneck of restricting enterprise financing further development.Rotating plate so you need to draw lessons from foreign mature capital markets experience,and combining the actual situation of capital market in our country the present stage,the New OTC Market for practical reform of system of rotating plate,efficient and convenient transfer board system was introduced,and in view of the capital market to make timely adjust practice,realize the system turn plate,different types,different stage of development,in order to solve enterprise financing difficult problem.It will make the capital market more dynamic.There are three main parts of this article:The first part,through the development history of the comprehensive carding New OTC Market market in China,and connecting with the current trend of development of capital markets,elaborated profoundly the changes of the New OTC Market turn plate,for Wanma Technology Co.ltd transfer plate case clear background.In the second part,through the case analysis of Wanma Technology Co.ltd,the motivation,conditions and process of the rotary plate are emphasized.Secondly,the paper analyzes the underlying problems of the rotary plate.The third part,from a case of Wanma Technology Co.ltd transfer board,to our country New OTC Market listed companies encountered in the process of turning plate of combing and analysis of the problems,and sums up the related things in common,on this basis of rotating plate system rationalization proposal is put forward.