Private firms account for over 80% of all listed companies in Anhui

As of the end of June, eight listed companies were added in Anhui province. Seven of them were private enterprises, accounting for 87.5% of the total, according to Anhui Local Financial Supervision and Administration.

In recent years, the province has actively promoted the connection between private companies and multi-level capital markets. The number of listed private companies has continued to grow. By the end of June, there were 134 listed companies in the province, among which 117 were private enterprises, accounting for 87.31%.

Meanwhile, the development quality of listed private companies has been steadily improved. In spite of the complicated and changeable economic situation in 2020, listed private companies in the province maintained a good operating level in terms of operating income and profitability.

In addition, the innovation capacity has been continuously enhanced. Since the implementation of the registration system, 17 private companies have been listed on the science and technology innovation board and the growth enterprise board. In 2020, the total R&D expenditure of listed private companies in the province were 10.238 billion yuan, or 146 million yuan on average.

(By Yang Zixuan)