Wendong Dai, Partner at JC Master, as a representative attended the Training Conference for the Issuance System of the Growth Enterprise Board (GEB) held on July 14, which was organized by China Securities Regulatory Commission (CSRC).

 

According to messages disclosed from the conference, CSRC will enable enterprise to apply for listing after releasing a series of documents about application for GEB offerings and listings. The acceptance of enterprises’ application materials for listings will be scheduled from late July to early August. In accordance with the listing procedure, the examination and approval by CSRC will take two or three months. Upon approval, enterprises will take about two weeks for enquiry and subscription. At the end of October or the beginning of November, the first group of GEB enterprises will be listed.

 

Regarding the the transfer of application for listing from Main Board to GEB, an official of CSRC replied as follows: “The enterprises waiting for listing at the Main Board have no priorities for application for listing at GEB. Such enterprises shall amend their application materials in accordance with the requirements of GEB and go through necessary procedures.”