中小企业新三板市场融资功能及挂牌影响

A Brief Discussion on the Financing Function and Listing Influence of the New Third Board Market for Small and Medium-sized Enterprises

作为我国多层次资本市场的重要环节,新三板市场的建立为我国中小企业提供了新的融资平台,对提高中小企业活力和竞争力具有重大意义。通过多维度比较新三板市场的融资功能,以生物医药研发类企业诺思兰德和软件开发类企业山大地纬为例探讨了新三板对企业融资和市场价值发现的作用。针对新三板市场的现状,提出了对企业挂牌新三板的建议。

As an important link of China's multi-level capital market,the establishment of the new third board mar? ket provides a new financing platform for China's small and medium-sized enterprises,which is of great significance for improving the vitality and competitiveness of small and medium-sized enterprises. By comparing the financing functions of the new third board market in multiple dimensions,this paper discusses the role of the new third board in enterprise financing and marketvalue discovery by taking the case of northland,a biomedical research and development enterprise,and the case of Shandadiwei,a software development enterprise. Finally,according to the current situation of the new third board market,this paper puts forward some thoughts on listing enterprises on the new third board.