2020 saw Xiamen enterprises excel in the capital market: there were 9 new A-share listed companies, 7 more than in 2019. Altogether, 12 enterprises in Xiamen successfully passed the IPO application of A-shares last year, setting an annual record. Also, reserve enterprises for listing in the city still show strong strength. As of December 31 last year, there were 4 enterprises in Xiamen that have passed the IPO application but haven't been listed, 8 enterprises that have submitted applications for listing, and 15 enterprises that have been under recordation and tutorship. Xiamen A-share listed companies are expected to exceed 60 this year.
