According to the recent news on the official website of the China Securities Regulatory Commission (CSRC), Xiamen Jiarong Technology Co., Ltd. (Jiarong Technology) was approved to go public on the GEM board. Jiarong Technology might be the second A-share Xiamen enterprise listed in 2022. After the IPO, Jiarong Technology will become the 18th GEM board enterprise of Xiamen. At present, Xiamen boasts 17 GEM board enterprises, accounting for 44.74% of the provincial total, the number of which tops the entire Fujian. Another two Xiamen companies are still in the queue to IPO. If they succeed this year, the number of Xiamen-based GEM board enterprises will exceed 20. Four companies have already submitted the material for IPO on the GEM board.
