LOCATION: SZSE English/ABOUT/News/SZSE News

SZSE Upgrades the Functions of V-Next to Support the 11th China Innovation & Entrepreneurship Competition

Date: 2022-08-02

On July 25, SZSE launched a special zone for the Innovation & Entrepreneurship Competition on V-Next to support the quality holding of the 11th China Innovation & Entrepreneurship Competition. The competition is jointly guided by the Ministry of Science and Technology and other relevant ministries and commissions, supported by SZSE, etc., and organized by the Torch Center of the Ministry of Science and Technology and SZSE’s wholly-owned subsidiary Shenzhen Securities Information Co., Ltd. (SSIC).

 

V-Next is a comprehensive investment and financing service platform developed by SZSE for unlisted technological innovation enterprises. The platform has worked closely with the competition for seven years straight, participating in the organization of the national competition and providing network information platform support. V-Next has established cooperation with 28 local competition areas, organized or supported more than 270 events of the competition, and helped more than 3,700 projects post financing needs online. Among the enterprises participating in the competition, 517 enterprises successfully obtained equity financing and 12 enterprises later went public.

 

This year, SZSE has continued to focus on serving small and medium-sized enterprises (SMEs) and supporting national strategies. It has further strengthened cooperation with the Ministry of Science and Technology, given full play to the advantage of V-Next, and adopted a combination of measures to support the smooth holding of the competition. First, SZSE has launched a special zone for roadshows and live broadcasts of the competition. Meanwhile, it has exhibited information about roadshows and projects via app, applet, website, etc. to attract the attention of PE and VC institutional investors. Second, SZSE has learnt enterprises’ financing needs, improved enterprise portrait, and provided tag classification and screening, financing information push and investor matching services, in a bid to make the investment and financing matchmaking more efficient. Third, V-Next has added one-stop equity financing service functions including online valuation, value diagnosis, technical evaluation, listing evaluation, financing training, etc. for new enterprises, to enhance market investment and financing vitality. Fourth, SZSE has supported the establishment of the technology company library of the competition. Supported by the evaluation mechanism, quality enterprises are included into SZSE’s open and efficient cultivation system, so that they are fast connected to the cultivation service mechanism of the capital market that covers the whole chain and the full range of products. In this way, SZSE aims to help enterprises accelerate innovation.

 

Next, SZSE will, under the unified leadership of CSRC and the strategic task of building a quality innovation capital center, refine the technological innovation investment and financing service system and deepen cooperation with the Torch Center and local science and technology authorities. It will expand the service and ecosystem chains for different types of innovation investment and financing entities, work with them to build an innovation capital formation ecosystem, facilitate effective integration of technology and capital, and keep improving the quality and efficiency of capital market services for technological innovation.