On March 28, the Guangdong-Macao In-depth Cooperation Zone in Hengqinsignificantly expanded its listing pipeline with the addition of 25 new enterprises, bringing the total number of companies in its listing preparation program to 42.

This milestone was celebrated during a signing ceremony and awarding event held in Hengqin, where the cooperation zone and the Shenzhen Stock Exchange (SZSE) formalized a strategic partnership aimed at enhancing market expansion and financial services.

Strategic partnership for market expansion

The collaboration between the Hengqin Cooperation Zone and the SZSE focuses on establishing a comprehensive information exchange mechanism. This partnership will facilitate the screening and cultivation of listing-ready enterprises, strengthen risk prevention in the capital market, and advance financial talent development, underscoring a commitment to leveraging capital markets for economic growth.

Fu Yongge, Deputy Director of the Cooperation Zone's Executive Committee, highlighted the zone's progress in industrial agglomeration and efforts to refine policies on loan interest subsidies and risk compensation. These measures aim to enhance financial services for the real economy and innovation, accelerating the development of the capital market within the cooperation zone.

Talent cultivation and expertise exchange

The event also marked the expansion of the cooperation zone's capital market expert resource pool with the appointment of 13 new members. The experts, representing leading securities companies, accounting firms, law firms, and investment institutions, bring extensive practical experience in enterprise listings and industrial investment.

According to the cooperation agreement, the cooperation zone and the SZSE will deepen exchanges in expert resources and financial talent cultivation, providing enterprises with professional guidance and high-quality services to support their growth and innovation.

Promising enterprises drive economic growth

Of the 42 companies now in the listing preparation program, 13 are Macao-funded, accounting for nearly 30%. Several have already initiated listing preparations, reflecting the zone's dynamic business environment and innovation capacity.

Yu Peilun, Senior Manager of the Market Development Department of the SZSE, delivered a keynote speech on leveraging capital markets to serve new-quality productivity development. Representatives of the listing preparation enterprises also conducted specialized roadshows and investor meetings, laying the groundwork for future financing and investment opportunities.