Chapter 109: Going to the road

"Governor, look at this." Zhang Hongwei walked into Zhao Guodong's office with a smile, holding several newspapers in his hand.

"Oh? What other important good news?" Zhao Guodong raised his eyebrows and smiled.

Zhang Hongwei got into the state quickly. He took office as director of the National Development and Reform Commission for a short time and quickly promoted the work of the National Development and Reform Commission. Many of the work and problems that Yang Shaopeng had owed in the early stage were quickly pushed out or solved by his very skillful means of handling. Even Ling Zhengyue, who had always been a little biased towards Zhang Hongwei, publicly praised the National Development and Reform Commission for outstanding work in recent times on one occasion. Of course, this is probably related to the approval progress of the two projects of Tongcheng Petrochemical. After completing the environmental impact assessment, the National Development and Reform Commission’s approval progress is very fast and is now waiting for the State Council Executive Meeting to approve the procedures for these two super-large chemical projects.

"Let's talk about it later." Zhang Hongwei smiled mysteriously, "Maybe this will surprise us."

Zhao Guodong opened the newspaper with some confusion and looked at it. This was an old newspaper from some time ago. On August 20, the newspaper "Interim Measures for the Management of Initial Public Offering and Listing on the GEM" was approved by the State Council Executive Meeting in a line of black letters.

This news is not new news. Zhao Guodong has noticed this news for a long time. The Shenzhen Stock Exchange has been waiting for it for many years and has done a lot of work. Could it be that Zhang Hongwei has any ideas about this?

"Why, Hongwei, do you still think that the country can set up a third stock exchange in our Andu to specialize in stock trading in the GEM market?" Zhao Guodong was amused. This was too whimsical. Shenzhen has been thinking about it for so many years, and the Shenzhen Stock Exchange has been public relations for many years. The China Securities Regulatory Commission has not yet made a clear statement. Can it still give this opportunity to Andu, who has no foundation?

"Hehe, Governor, you know this is impossible. No matter how far the GEM market is, we are not even going to be. The people in the China Securities Regulatory Commission are almost crazy about gaining or losing their hearts." Zhang Hongwei shrugged.

"Hongwei, what you said is to enhance others' ambition and destroy your own prestige." Zhao Guodong smiled.

"Governor, you are actually the same as I thought. We Andu has no foundation. How is it possible? In addition, we are ready-made Shanghai Stock Exchange and Shenzhen Stock Exchange. Where can we get the turn of Andu to eat this piece of candy?" Zhang Hongwei shook his head repeatedly.

"Then what do you mean by showing this newspaper? Are you planning to support small and medium-sized enterprises and high-tech enterprises in our province to go to the GEM to fight for the situation? The "Interim Measures" alone is not very useful, and it will officially take effect on January 1st. This is just a guiding thing. If it is really implemented, I guess the efficiency of some of our departments is not necessary to think about it for less than a year or two. If it is really set at the Shenzhen Stock Exchange, I guess I don't even think about it in less than a year or two." Zhao Guodong put the newspaper aside disapprovingly.

"Hehe, Governor, don't put it aside. This is just a reason. I don't expect our small and medium-sized enterprises in the province to "spark" on the Shenzhen Stock Exchange all at once. Look at the newspapers behind you." Zhang Hongwei pretended to be mysterious.

Zhao Guodong glanced at the other party in confusion, stopped talking, and then looked through the newspaper behind. Gradually, Zhao Guodong's expression became serious. Zhang Hongwei was secretly happy and a little admired. It seemed that Zhao Guodong had seen his intention, and he felt that Zhao Guodong might not be able to figure it out, but just based on the other party's expression, he felt that the other party had figured out some tricks.

Zhao Guodong became more and more impressed as he looked at it. After reading it, he turned it over and read it carefully again. He closed his eyes and thought silently for dozens of seconds before opening his eyes.

"Hongwei, what do you think of these experts' opinions?"

"I think it is quite pertinent. my country's small and medium-sized enterprises are developing very fast, but they are mixed with fish and dragons, and the market order is also very chaotic. The construction of the credit system is seriously lagging behind. This has brought great impact on the development of small and medium-sized enterprises. If the GEM is rashly promoted, it may be a sturdy seedling and boosting growth, which may also cause harm to the development of my country's GEM market. Therefore, the central government proposed to formulate and improve laws and regulations as soon as possible, but it is still a more cautious attitude when it is officially launched. So I agree with your point of view. There is no more than one or two years, and the GEM cannot be pushed out." Zhang Hongwei seemed very confident, "There are two problems. One is that the past two years should have been the prime time for the development of small and medium-sized enterprises in our country, especially small and medium-sized private enterprises, but the development of small and medium-sized enterprises is limited due to the lack of single financing channels. On the other hand, when the GEM market is officially launched, there is a lack of a selection transition stage from ordinary small and medium-sized enterprises to the GEM market."

"So do you think our Anyuan United Property Exchange can act as the touchstone test field and shoulder the heavy responsibility of this selection transition?" Zhao Guodong said word by word on the table with his eyes shining.

"Yes, that's what I think. If An Yuan can take the lead, it will not only help break the financing bottleneck of small and medium-sized enterprises in our province, but also help Andu build an inland financial center. It can be said to be a great opportunity." Seeing that Zhao Guodong was so excited, Zhang Hongwei was also inspired. He also took a try-out attitude to see if Zhao Guodong would be interested in this. Unexpectedly, Zhao Guodong's reaction speed was so fast and the intensity of the reaction was so strong that he was simply beyond his imagination, and he became a little excited.

"Since this trading market is a property rights transaction before listing, it should be subject to the jurisdiction of the Ministry of Industry and Information Technology in the future, right? It should not belong to the China Securities Regulatory Commission, but if such a trading market is built, what do you think the China Securities Regulatory Commission will view it?" Zhao Guodong keenly captured one of the key points of the problem.

Zhang Hongwei smiled bitterly, "Governor, you are so powerful. You can grasp the crux of the problem at once. Logically speaking, these are non-listed companies, which only refer to property rights transactions and are not under the jurisdiction of the China Securities Regulatory Commission. However, according to relevant policies and regulations, such property rights transactions are easy to cross the line, especially the control of the number of shareholders is difficult. If you are not careful, you will touch the high-voltage line. I remember that the General Office of the State Council has a "Notice on Severely Cracking down on Illegal Issues of Stocks and Illegal Securities Business" which has a limit on the number of shareholders initiated by joint-stock companies and the number of shareholders after the issuance of stocks such as non-specific or specific objects. Once it exceeds it, it means violations. It is also strictly prohibited for companies to transfer stocks to the public in public. This is a policy restriction."

"Policy restrictions?" Zhao Guodong pondered for a moment and said decisively: "Policies are also determined by the times and are not constant. Moreover, we have a lot of room for operation. The problem of the Ministry of Industry and Information Technology in Pipa River in Mianzhou has been somewhat relaxed, and the relationship with our Anyuan has also eased. I think we can do a good job and win their support for Anyuan. In addition, we have to consider it carefully on the CSRC. This matter is a big strait. As you said, if you are not careful, you may cross the line. My principle is that if you want to do it, you must do it well, otherwise you would rather not do it, especially if the things that fail or die prematurely hurt the most. So before that, we must do the work in detail and in-depth. Well, I think Secretary Ling and I will take charge of this matter. Governor Jin Guang and you have to play the leading role."

Before Zhao Guodong finished speaking, he heard a voice coming from the door: "Governor, I heard you arranged a job for me before I even entered the door. What should I do?”

Yang Jinguang walked in with a smile, and he heard the discussion between Zhao Guodong and Zhang Hongwei from a distance. Although he did not hear the specific content clearly, he probably heard about the content related to property rights transactions and stocks.

Zhao Guodong asked Zhang Hongwei to introduce the situation to Yang Jinguang, and then handed the newspaper to Yang Jinguang to read it carefully. Yang Jinguang was also very interested and felt that this opportunity was rare. However, he was a scholar and was more organized. He immediately asked: "Hongwei, I am not rich in knowledge in this area, but I think there are still some problems here. First of all, I would like to say whether it is possible to conflict with the current laws, regulations and policies?"

Zhang Hongwei and Zhao Guodong both gave thumbs up at the same time. Zhao Guodong laughed and said, "Jinguang, it's true that you can smell the smell here in just one moment."

"Governor Jinguang has some problems, which is exactly what I discussed with the Governor. The Governor said that if there is a problem, we must overcome it and solve it, so that we can open up a new world." Zhang Hongwei and Yang Jinguang also have a good relationship and speak casually.

Immediately afterwards, Zhang Hongwei talked about the existing policy obstacles, and Yang Jinguang quickly realized the clues: "Governor, Hongwei, this seems to be a power struggle. Logically speaking, this should be under the jurisdiction of the Ministry of Industry and Information Technology, but it is also playing the edge of the CSRC. If we are mainly on the Ministry of Industry and Information Technology, then the CSRC will definitely grab these little braids and will become a fruitless dispute. We are at the disadvantage. But if we hold the CSRC's thick legs, the Ministry of Industry and Information Technology will not agree, and the CSRC may not be able to look at us. There are two ready-made ones in Hujiang and Shenzhen. They will not put the spots easily on us. It is definitely no chance. Hehe, this is a difficult thing."
Chapter completed!