Public companies constitute the real economy’s fundamentals. This year to date, with four newly listed companies including Seacon Shipping Group Holdings Limited, 3D Medicines, Inc., Qingdao Richmat Intelligence Technology Inc. and Qingdao Panguld Intelligent Manufacturing Co., Ltd., the number of public companies based in Qingdao has added up to 84, 67 of which are listed domestically, and topping Shandong Province.

To bolster the capital market construction, Qingdao has vigorously launched the “Spring Bamboo Shoots Campaign” for the capital market, built up professional service teams for the capital market, and continues to update the white list of public companies and companies with the intention of listing. Reportedly, another two companies in Qingdao are poised for listing, 12 companies are subject to pending approval by stock exchanges and 17 companies are under pre-listing tutoring and registration by the Qingdao Bureau of China Securities Regulatory Commission. Furthermore, Qingdao has made a list of 442 key companies with the intention of listing and foster a favorable development pattern ranging from cultivation, tutoring, pending approval to listing.   (Ding Qianqian)

Panguld listed on Shenzhen Stock Exchange this July.