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Shenzhen Stock Exchange: Semi-Annual Report of GEM Shown Organizations Released, and Nearly 60% of Company’s Functioning Revenue Managed Expansion

The Shenzhen Inventory Trade revealed that as of August 31, 2022, a overall of 1,179 GEM firms disclosed the “2022 Semi-Annual Report” on timetable, ensuing in a full working revenue of 1,516.669 billion yuan, with an normal running income of 1.286. billion yuan, a calendar year-more than-12 months increase of 19.10%, virtually sixty percent of the firm’s working revenue managed advancement. As of August 31, 2022, 360 freshly stated companies underneath the registration process have landed on the progress company industry. Between the recently detailed corporations, common functioning income was 1.103 billion yuan, up 12.97% year-over-calendar year. In the first 50 % of 2022, amid the 312 “tiny giants” on the ChiNext board, 279 were being lucrative and 156 experienced web money increasing year in excess of calendar year. Thanks to the solid ensure of immediate financing, the R&D depth of the GEM organizations has been continuously enhanced. In the initially half of 2022, GEM companies’ total R&D expense reached 73.276 billion yuan, up 24.07% yr-over-year.

(Reporter from headquarters Yang Litian Shaqian)

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