Zhongshan revised and issued the "Opinions on Further Promoting the Listing of Enterprises" in August. Recently, Zhongshan revised and issued the "Interim Measures for the Administration of Special Funds for Listed Enterprises in Zhongshan City" to refine the use of special funds.

The "Interim Measures" list 13 items of the subsidy, and the beneficiaries include: backup companies in Zhongshan to be listed that meet the basic conditions for listing after being approved, backup enterprises to be listed on the NEEQ, listed or new NEEQ-listed companies, relevant companies that finance through the capital market, and equity investment funds.

Four out of the thirteen subsidy items can reach 5 million yuan. Specifically, the companies that have drawn up a detailed listing plan, signed the listing agreements with an intermediary institution and completed the restructuring and establishment of the joint stock limited company, will be given a subsidy of 5 million yuan after being filed by the Guangdong Supervision Bureau of the China Securities Regulatory Commission.

According to the amount of funds raised by the initial public offering of shares and invested in Zhongshan, subsidies will be given in four grades, ranging from 1 million to 5 million yuan. If the amount of funds raised by the company is more than 2 billion yuan, a subsidy of 5 million yuan will be given.

After the listing, if a company refinances in the capital market through the issuance of new shares, allotment of shares, issuance of corporate bonds and other means, and invests the raised funds in Zhongshan, it will receive a subsidy when the amount of raised funds exceeds 100 million. If the amount exceeds 1 billion yuan, the subsidy will be increased to 5 million yuan.

In addition, if a company is successfully listed on the Science and Technology Innovation Board of Shanghai Stock Exchange, it will be given a one-time subsidy of 5 million yuan.

The revised "Interim Measures" includes three newly-added subsidy items. Specifically, in addition to the subsidy of 5 million yuan for the listing, Zhongshan will also allocate the subsidies according to four grades for the investment of funds raised from the initial public offering. If the amount of funds raised is more than 2 billion yuan, a subsidy of 5 million yuan will be given.