More than 40% of the GEM companies have the National Torch Plan projects, more than 70% of companies are strategic emerging industries, more than 80% have the core patented technology, high-tech companies accounted for more than 90%. Since its launch on October 30, 2009, seven years , GEM has created a marketization engine around the innovative allocation of resources.

Strong growth ability, adding new impetus to the new industry

The rapid growth of performance is the strong support of the index. This is closely related to the new industries leading our country's economic restructuring and upgrading, indicating that the GEM is becoming the stabilizer of the economy under new normal and the new engine for the development of power conversion. Professor Tian Lihui from Nankai University's Institute of Financial Development commented: The GEM effectively promoted innovation and entrepreneurship in our country and effectively reduced the equity financing costs of the listed companies in the sector.

Driven by innovation, becoming a gathering place for emerging industries

GEM promote the standardization and internationalization of GEM listed companies and listed companies not yet listed on the presence of the target to enhance the level of corporate governance, strategic emerging industries with the core competitiveness of enterprises wings capital. Tian Lihui analysis, GEM services entrepreneurship and innovation play in a positive demonstration effect, companies need innovation funds, GEM achieve equity financing and refinancing, and leveraging bond financing to provide capital to support innovation; at the same time, the entrepreneurial process hardships, need positive example, GEM is a collection of entrepreneurs success story; in addition, most of the GEM companies in strategic emerging industries, there are many companies in the field of the digital economy, the green economy, culture and economy, fully fit at this stage of China's economic transformation and upgrading direction.

Strict supervision, to further regulate the market rules

In September of this year, Shenzhen Stock Exchange made the delisting decision of Xintai Electric. This is the first company to terminate the GEM listed companies, China's securities market is the first issue is due to fraud delisting of listed companies.

GEM is expressly prohibited backdoor listing in order to clean up the market environment. The Shenzhen Stock Exchange official told reporters that companies such as Xintai Electric will be cleared out of the GEM market in order to enhance the overall quality of GEM companies and enhance the vitality and competitiveness of the market. It is understood that in order to strengthen information disclosure as the center line supervision, the full implementation of the Shenzhen Stock Exchange of information disclosure through train system, and build a film and television, medicine, industry and other Internet information disclosure guidance system, strict implementation of the delisting system, the establishment of market-based mechanisms for survival of the fittest.