Since opening its doorways 4 years in the past, the Beijing Stock Exchange has turn out to be the launch pad for China’s new-generation sci-tech companies.
Among its earliest trailblazers was Beijing Tri-Prime Gene Pharmaceutical Co., which joined the trade in 2021 and rapidly turned capital into functionality.
Today, the corporate stands on the forefront of biotech innovation, powered by a brand new clever manufacturing and Research and Development (R&D) base.
“This is our intelligent production and R&D base. Our production capacity is three times what it was. Back then, we had to check the density of our products with the naked eye. Now, we use laser eyes, robotic arms, and AI for quality management,” stated Tri-Prime Gene Chairman and General Manager Cheng Yongqing whereas displaying reporter round.
The most putting distinction from 4 years in the past is the brand new plant’s superior tools. This improve has established Tri-Prime Gene, a analysis and development-driven biotech agency, as one in every of Beijing’s first superior clever factories.
Cheng straight credited this transformation to the corporate’s itemizing on the Beijing Stock Exchange.
“After listing on the Beijing Stock Exchange, we raised a lot of capital, which we invested in our case studies and research. With sufficient funds, the speed and scale of our corporate management and research and development have been greatly enhanced,” stated Cheng.
In the primary half of this 12 months alone, the corporate re-invested 10.93 p.c of its working revenue again into analysis and improvement.
“Focusing on Beijing’s role as a science and innovation center, we have guided capital to flow into fields like technology and green finance. We have also established 10 professional policy research teams in securities, funds, insurance, and banking to respond to the real needs of financial governance,” stated Song Yi, vp of the Beijing Financial Court.
As of the top of September this 12 months, 276 corporations like Tri-Prime Gene have listed on the Beijing Stock Exchange.
Moving ahead, Beijing plans to proceed guiding enterprises to leverage the platform successfully, encouraging extra high-quality tech companies to go public and absolutely capitalize on their “home-field advantage.”
Beijing Stock Exchange fuels sci-tech growth, innovation
A swearing-in ceremony for volunteers of the upcoming eighth China International Import Expo (CIIE) was held on the Shanghai Exhibition Center on Wednesday, marking the official launch of volunteer companies for this 12 months’s CIIE.
The volunteer group includes 114 long-term administration volunteers and three,668 event-period service volunteers, with an extra 71 volunteers recruited from the Hong Kong Special Administrative Region, the Macao Special Administrative Region, and the Taiwan area.
These volunteers will serve in 9 main classes, together with on-site steerage and session, registration administration, and visitor liaison and reception.
“For this year’s volunteer training program, we adopted a three-tiered approach: university-level basic training supplemented by city-level specialized training, combined with on-the-job practical training. This integrated model established a comprehensive training system covering the volunteers’ service knowledge framework, position-specific skills, service etiquette, emergency response protocols, and other essential competencies,” stated Tang Zhiyu, deputy secretary of the Shanghai Municipal Committee of the Communist Youth League of China.
To higher present multilingual companies for exhibitors and consumers, the organizers for the primary time partnered with 9 universities to determine a expertise pool for much less generally taught languages and launched a volunteer alliance for these languages.
A complete of 129 volunteers who’re proficient in much less generally taught languages had been recruited to supply companies in 12 languages, together with German, French, and Spanish.
“I want to use my professional expertise to build bridges of communication and effectively address issues for foreign guests at the venue, so that they can experience the warmth and enthusiasm of China’s youth through my efforts,” stated Wu Siyu, a Russian language scholar from Shanghai University of Political Science and Law.
The eighth CIIE will happen in Shanghai from Nov. 5 to 10.
Swearing-in ceremony for volunteers of upcoming 8th CIIE held in Shanghai