226 SMEs transferred to China's "new third board" innovation layer for sci-tech innovation.
China's "new third board" companies, a financing platform for SMEs, have accelerated their innovation drive, with 226 companies transferred to the board's innovation layer. The National Equities Exchange and Quotations (NEEQ) innovation layer focuses on sci-tech innovation companies with special thresholds for profits, revenue, and capitalization. Over half of the 226 companies reported net profits of over 30 million yuan, while 73 are classified as national innovative SMEs, and three are involved in high-tech industries.
May 20, 2024
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