On April 1, Guangzhou Huigu New Materials Science & Technology Co., Ltd. officially listed on the ChiNext board of the Shenzhen Stock Exchange. With this addition, the cumulative number of listed companies in the Guangzhou Development District and Huangpu District has reached 93. This figure ranks first in Guangzhou and tops all national-level economic and technological development zones in China, allowing the district to continue leading capital market development in this category. In recent years, the Guangzhou Development District and Huangpu District have prioritized new materials as a strategic emerging industry. Through supportive policies such as the "30 Measures for New Quality Productive Forces" and the "10 Financial Measures," the local government has provided robust backing for technological upgrades, capacity expansion, and land acquisition. This support has enabled Huigu to establish innovation platforms, including a provincial-level enterprise technology center, accelerating its growth into a national "Little Giant" enterprise and a National Manufacturing Single Champion. Moving forward, the district plans to deepen its "Enterprise Listing Nursery Project." This initiative will accelerate the listing process for applicant companies, strengthen the cultivation of reserve candidates, and expedite the implementation and tangible results of fundraising and investment projects. Furthermore, the district will promote orderly mergers and acquisitions, enhancing the synergy between the capital and industrial chains. Ultimately, these efforts aim to better leverage the role of high-quality listed companies in driving industrial upgrading and high-quality economic development.

Macao residents can now use their familiar MPay e-wallet to scan and ride on all public transport in Guangzhou. [Photo provided to China Daily]

Huangpu district held a high-quality development conference on Feb 7, announcing a series of policy implementation details and measures to promote technological innovation and industrial upgrading.

On Nov 6, the first national issuance event for intellectual property (IP) securitization products related to new energy vehicles took place in Huangpu district.
Foreign firms continue to view China as a favored investment destination, driven by the country's steadfast commitment to opening-up and innovation, said foreign firm executives at the Invest in China Summit 2024 in Beijing in March.
Huangpu district in Guangzhou has achieved significant success in nurturing companies for public listing, establishing itself as a leader within the city.