Gyeonggi-do Supports Stock Market Listing for 10 Outstanding Small and Medium Enterprises

Stock Market Listing Consulting, Listing Cost Support Up to 20 Million KRW

Gyeonggi Provincial Government Northern Office

[Asia Economy Reporter Ra Young-cheol] Gyeonggi Province is promoting the 'Outstanding Small and Medium Enterprises Stock Market Listing Support Project' within the province.

According to the province on the 2nd, this year they plan to support 5 companies in the 'Stock Market Listing Consulting' field and 5 companies in the 'Listing Cost Support' field among small and medium enterprises with headquarters or factories located in the province that wish to be listed on the stock market.

The 'Stock Market Listing Consulting' field provides 1:1 expert consulting on KOSDAQ and KONEX listing procedures, required time, preparation items, requirement verification and company diagnosis, and listing strategy establishment.

In the 'Listing Cost Support' field, costs for internal accounting system and articles of incorporation maintenance for pre-listing preparation, listing examination fees, technology evaluation costs, and underwriting fees will be supported up to a maximum of 20 million KRW.

The province plans to select the final support targets by comprehensively evaluating the sales scale, growth rate, debt ratio, technology level, and listing intention of participating companies through an evaluation committee composed of stock market listing experts.

Companies holding the province's outstanding enterprise certification, women-owned businesses, disabled-owned businesses, and companies that participated in stock market listing consulting from 2020 to 2021 will be given additional points during selection. Companies that have violated major laws in four areas?fair trade, labor, environment, and taxation?are not eligible to participate.

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