TEDA Listing Reservation Board Welcomes 12 Companies
On January 25, Carale, Dongquan Petroleum, Orich Medical Equipment, Heneng Home, and 8 other companies were listed on the TEDA Listing Reservation Board. These enterprises will leverage the multi-tiered capital market to achieve standardized development, broaden financing channels, and expedite the listing process.
In recent years, in order to fostering the growth of SMEs, TEDA has introduced a series of policies to promote high-quality growth and assist enterprises in overcoming difficulties. In August 2023, the “TEDA Listing Reservation Board,” jointly initiated by TEDA and Tianjin OTC, was officially launched. It aims to capitalize on the concentration of financial institutions such as banks, securities firms, and funds within the region. The board establishes a service coordination mechanism of “one commissioner for each company,” providing support to enterprises in terms of credit limits, interest rates, and terms to accelerate their listing process. As of now, Tianjin has 28 companies listed on the TEDA Listing Reservation Board.