Beijing small business board hits 800 listings

Beijing's specialized board for innovative small- and medium-sized enterprises (SMEs) has operated for two years and now lists more than 800 companies, marking notable growth in both quantity and quality. Officials expect the number to reach 1,000 by year's end.

Launched Aug. 24, 2023, as one of China's first dedicated boards for innovative SMEs, the platform provides comprehensive financial services to high-quality small businesses in Beijing, including equity and debt financing and initial public offering preparation.

The board now lists 809 companies as of Aug. 20, 2025, divided into three categories based on their development stage. Among these companies are 471 "specialized and new" SMEs, 129 national-level "little giant" firms and 160 innovative SMEs.

Officials said companies on the board align closely with Beijing's 10 high-tech industries, with nearly 90% engaged in cutting-edge sectors such as next-generation information technology, software and information services.

More than 40% of the firms invest over 10 million yuan ($1.4 million) annually in research and development, with nearly 60% exceeding the industry average, according to official data. Almost half of the listed companies generated operating revenue exceeding 30 million yuan in 2024.