Shandong Taipeng Smart Home Co Ltd, located in Feicheng city, Tai'an, Shandong, successfully debuted on the North Stock Exchange in November 2023. This marked a significant milestone as the first listed enterprise in Feicheng.

"Without the government's policy support and professional guidance, we would not have been able to approach the capital market so swiftly," remarked company chairman Liu Jiansan.

Policy support has created a favorable environment for enterprises to go public in Feicheng. The city has implemented a streamlined approval system and established a green channel to expedite the listing process. Enterprises in the listing queue can submit queries at any time, with relevant departments promptly addressing and resolving issues. A dedicated task force resolves any obstacles requiring coordination at the municipal level, facilitating a smooth path to listing for enterprises.

In recent years, Feicheng has prioritized facilitating enterprise listings, offering specialized support funds and establishing tailored service mechanisms to guide enterprises through the listing process with precision and comprehensiveness.

The success of Feicheng's enterprises going public not only injects substantial funds for their development but also drives the enhancement and upgrading of the local industrial value chain. Leveraging the catalytic effect of listed companies, Feicheng has focused on fostering industry clusters in new materials, high-end equipment manufacturing, modern food, and more, promoting the high-quality development of local enterprises.

"By combining excellent services with a conducive environment, we have established a comprehensive and multi-tiered service system to steer enterprises towards development," highlighted Zhao Yanshui, Party secretary of the Feicheng High-tech Zone.