Yesterday “Sino-Germany (Europe) Investment and Financing Cooperation Fair” was held at the Xiamen Conference and Exhibition Center. The reporters know that Chinese enterprises with assets over one million Euros can go public in the Frankfurt Exchange.

Shandong Enterprise became the first listed company in Germany

It is understood that Shandong Gongyou Group became the first German listed company on March 30 this year, and its financing amounted to € 4,500,000, the equivalent of approximately RMB 45 million yuan.

Before Deutsche Börse Group developed Chinese market, the overseas securities exchange such as the United States, Britain, Singapore and Hong Kong came to Xiamen and looked for good projects. As the world's first Stock Exchange- Deutsche Börse Group developed Xiamen market was a little late.

Mr. Li Wenhai, General Manager of Bode Equity Group said that because there were some differences in culture, product quality standard and labor standards, Deutsche Börse Group had some difficulties to open Chinese market. Alexanco, the expert of Secutiry development of Deutsche Börse Group said that ,we should accelerate to develop such a potential market in China.

The shortest listing time is five months

Alexander says the efficiency of listing in German is very high, only needing five months.

In addition, the listing fee is much lower in Frankfurt Exchange. the market cost is € 3000 in general market and regulated market, and the cost is from 750 euros to 1500 euros in Entry market. For follow-up maintenance costs, entry market is € 5000 , general market is € 7500, and regulated market is € 10000.

Private enterprise is welcome

Alexander said, private enterprise is welcome to go public in Germany. He also said, the enterprises which is only for financing were not suitable for German Stock Exchange , the product sales and long-term customers of the enterprise were from Europe, which is welcome, the internet and high technology enterprises is also weicome in Germany capital market. Xiamen evening paper Hongping Lai.