Since 2019, Haizhu district has added seven new listed companies, increasing its total to 11 listed companies.

Qingmu Technology was listed on the Shenzhen Stock Exchange on March 11, becoming another listed company on the board cultivated in Haizhu after Chinese beauty group Yatsen (YSG) and S.P.I. Landscape Group. The main business of Qingmu Technology is to provide one-stop comprehensive e-commerce services for world-renowned brands, such as e-commerce sales services, brand digital marketing, technical solutions, as well as consumer operation services.

Qingmu Technology is listed on the Shenzhen Stock Exchange on March 11. [Photo/WeChat account: gzhzfb]

YSG was listed on the New York Stock Exchange in 2020. It only took four years from its establishment to its listing. Its Perfect Diary brand became the first makeup brand on the Tmall platform in 2018 with sales exceeding 100 million yuan ($15.71 million) and it also ranked first in sales among domestic brands in the Tmall makeup category during the 2021 Singles Day shopping festival.

YSG in Haizhu. [Photo/WeChat account: gzhzfb]

S.P.I. Landscape Group was listed in 2021. It focuses on landscape design services, providing solutions for community landscape, cultural tourism, commercial spaces, and municipal public areas.

Before 2019, there were only four listed companies in Haizhu. In 2019, China's capital market reform entered a stage of vigorous development. That year, the district issued a guideline regarding the application of reward funds for listings, providing support and incentives to companies that have successfully listed at home and abroad.

In recent years, Haizhu has focused on innovation, with a particular focus on the optimization and upgrading of its industrial system. Led by the digital economy and guided by the integration of digital industries, it has promoted digital industrialization and industrial digitization, building a more competitive modern industrial system.

The person in charge of S.P.I. Landscape Group said that digital development was a major strategic decision of the company, but that the technical and talent difficulties were obvious. As a result, the company relocated its office to Pazhou, where technology-based companies are densely populated, so that they could cooperate with the surrounding enterprises.

At present, there are 22 listed backup companies in Haizhu, six of which have been registered with the Guangdong Securities Regulatory Bureau and four of which are planning to be listed on the Beijing Stock Exchange.

Haizhu has demonstrated its ability to cultivate innovative enterprises. The Guangzhou Science and Technology Innovation Enterprise Association released the list of 2021 Guangzhou Unicorn Innovative Enterprises on Feb 28 that was comprised of 139 companies, of which 16 Haizhu companies were included. To date, Haizhu has cultivated eight unicorn enterprises and 14 future unicorn enterprises. 

In the future, Haizhu will introduce measures to promote the listing of enterprises and increase the incentives for companies that are listed on the Beijing Stock Exchange to help enterprises develop.