OREANDA-NEWS.  February 22, 2012. 33 enterprises in Anhui province will go public, authorities said at the provincial conference on the supervision of securities and futures Tuesday.

In 2011, Anhui-based companies' direct financing amounted to 35.8 billion yuan (USD 5.68 billion), which accounted for 5.28 percent of China's direct financing scale and was the highest figure among those of six provinces in central China, said Fang Xiangyu, head of the provincial branch of China Securities Regulatory Commission.

11 corporations in the province were listed last year, raising funds of 10.4 billion yuan through initial public offering(IPO). Compared to central China's provinces of Henan, Shanxi, Hubei, Hunan and Jiangxi, Anhui had the largest number of listed firms and the vastest direct financing scale. Also, the province hit an all-time high in 2011 either by the number of IPO launchers or by the amount of funds raised.

In addition to those companies which finally managed to go public, many followers in the province are geared up to be floated on the stock market. 11 firms are now reportedly waiting for the approval of their IPO applications and 22 others are under IPO guidance. They all specialize in hi-tech industries.