Rules for Implementation of the Support and fostering for Small and Medium-sized Enterprises of Longgang District to Get Listed
source:www.invest-lg.com Release time:2012年3月9日

ITEM 1

According to the Notice of Interim Measures of Management of Fund for Economic Development of Longgang District ( Shenlongfu [2006] No.95) , we lay out the detailed implementation considering the actual conditions in order to carry out the project of listing for small and medium-sized enterprises successfully and arouse their initiatives.

ITEM 2 The Supporting Objects

Supporting objects are corporate enterprises recorded in the Office of Project of Listing for Small and Medium-sized Enterprises of Longgang District whose both addresses of business registration and tax registration are in Longgang District with intention to get listed.

The enterprises have the right to apply the support when they have the following circumstances during their getting listed:

1 Enterprises have hired intermediaries to complete shareholding reform;

2 Enterprises have hired intermediaries to receive guidance for getting listed;

3 Enterprises have been listed in the Shenzhen Stock Exchange or other securities exchanges from both home and abroad ( not contained over-the-counter bulletin board and backdoor listing of company);

4 Enterprises have received supports of listing from municipal economic department.

ITEM 3

The support and fostering of listing for small and medium-sized enterprises implements control totals, voluntary disclosure, policy making and socially oriented publicity.  

ITEM 4

The support and fostering of listing for small and medium-sized enterprises adopts the supporting system, namely, they should afford certificates and other relevant documents, apply to economic department of the district, and then be approved by the joint meeting of funding management of the district government (joint meeting of the district) and appropriate funds for support at once on the condition that stages like restructuring of enterprises, guidance and listing have received supports from municipal economic department.

ITEM 5 The Sphere of Support

The fees caused by the actual guidances, sponsors, audits, laws, assets appraisal and changes in industrial and commercial registration on account of restructuring, counselling and listing of enterprises. 

ITEM 6 The Standard

The enterprise according with term 1 of paragraph 2 in the second item will obtain the amount of fund for support which is equal to municipal amount of fund whose ceiling is RMB300,000.00.

The enterprise according with term 2 of paragraph 2 in the second item will obtain the amount of fund for support which is equal to municipal amount of fund whose ceiling is RMB800,000.00.

The enterprise according with term 3 of paragraph 2 in the second item will obtain the fixed amount of fund which is RMB450,000.00.

The enterprise according with term 4 of paragraph 2 in the second item will obtain the amount of fund which is half of municiple amount of fund.

The firms which listed the second time will not be given support.

ITEM 7

The enterprises completing one of the restructuring, counselling and listing within two years can apply to the support of corresponding phase which has been completed within the given time according to the notice of applying the support of listing issued by the economic department of district; the enterprises can also apply the support after completing many phases.

The enterprises applying the support of listing should provide the following basic information:

1 The application form of economic development fund of the support and forstering of listing for small and medium-sized enterprises of Longgang District;

2 The copy of the certificates for the confirmation of record of small and medium-sized enterprise with intention to get listed of Longgang District (Original copy needs to be checked);

3 Code certificate of legal person of corporate enterprise and copy of legal representative’s ID card (Original copy needs to be checked and copy of ID card requires signature);

4 The tax certificate of enterprise in the previous year;

5 The related documents of support of listing issued by municipal economic department.

ITEM 8

The enterprises completing the shareholding reform should submit the copy of business license of joint-stock enterprise after restructuring (original copy needs to be checked) in addition to basic documents stipulated in the item 7 during their application of support of listing. 

ITEM 9

The enterprises completing the listing counselling should submit the copy of voucher (original copy needs to be checked) issued by the securities regulatory authority which can prove the completion of counselling and acceptance in addition to basic documents stipulated in the item 7 during their application of support of listing.

ITEM 10

The enterprises listed on the Shenzhen Stock Exchange or other securities exchanges from both home and abroad (not contained over-the-counter bulletin board and backdoor listing of company) should submit the copy of official documents (original copy needs to be checked) issued by the Shenzhen Stock Exchange or other securities exchange which can prove that enterprises have handled the relevant procedures of listing in addition to basic documents stipulated in the item 7 during their application of support of listing.

ITEM 11

The economic department of district, which is capable of giving a reply to an application of enterprise for support of listing, is responsible for conducting the formal examination of completeness and effectiveness of application materials. The complete materials shall be accepted and have an issue of a receipt; the incomplete materials shall not be accepted and have an issue of rejection of acceptance and be marked the reason and materials which needs to be submitted; the documents of enterprise which do not conform to the conditions of support shall not be accepted and have an issue of rejection of acceptance and be marked the reason.

ITEM 12

The meeting of economic department of district will conduct the examination and verification of declaring enterprise and determine the list which will be submitted to the joint meeting of district.

ITEM 13

The joint meeting of district will examine and approve the opinions from the economic department of district and determine the potential supporting objects.

ITEM 14

The department of finance of district will publicize the potential supporting objects determined by the joint meeting of district in the media for 5 days.

The economic department should investigate the enterprise which is objected duringty announcement after expiration of 10 working days and issue written investigation. 

ITEM 15

The enterprises without any objection by the public or non-objection to the establishment should print the minutes of the joint meeting of district after approval of deputy district director in charge of the finance and deputy district director in charge of the economy of the district government reported from the department of finance in the district. The department of finance in the district will examine and approve the application documents submitted by enterprises according to the minutes of joint meeting of the district and approriate funds for support if the documents are qualified according to requirement.

ITEM 16

The department of finance in the district, a regulator in charge of funds for support and fostering for listed enterprises, is responsible for supervising and checking the management of funds and going through the procedures of appropriation.

ITEM 17

The auditing and supervision authorities of the district is responsible for supervising and checking the verification and appropriation of funds for support and fostering for listed enterprises in order to ensure that the process is fair, just and transparent.

ITEM 18

The economic department of the district is responsible for establishing and managing the file of enterprises which needs support and tracks their fund in order to make sure its special use.

ITEM 19

The contravention of responsibilities:

1 The district government will not accept the application for economic development fund submitted by the enterprise which provide false information in five years.

2 The economic department of the district will cancel qualification of the enterprise which defrauded the funds for support and fostering for listed enterprises and order the enterprise to return the fund; if the circumstances are serious, it shall be investigated for the corresponding responsibility.

3 The auditing and supervision authorities and the department of finance of the district will punish the economic department official who abuses his authorities, resorts to frauds for personal ends or neglects his duties during the management and supervision in accordance with the relevant regulations; if a crime is constituted, he shall be transferred to the department of justice and subject to criminal liabilities.

ITEM 20

The spending caused by the appraisal and supervision of project carried out by the economic department of the district shall be brought into the departmental budget according to the relevant provisions.

ITEM 21

The economic department of the district is responsible for interpretation of these rules for implementation authorized by the district government.

ITEM 22

These rules shall come into effect from the day they are promulgated and the period of validity is 5 years. Meanwhile, the previous Rules for Implementation on Interim Provisions for Administration of Economic Development Fund ( Support of listing for Small and Medium-sized Enterprises) of Longgang District (Shenlongfuban [2007] No.68) shall be annulled.