60%占比！北交所IPO受理量领跑A股

Core Viewpoint - The IPO acceptance process in China's A-share market is accelerating, with a notable increase in the number of projects being accepted, particularly on the Beijing Stock Exchange (BSE) [1][2][3]. Group 1: IPO Acceptance Trends - From May 9 to June 10, 20 IPO projects were accepted in A-shares, compared to only 12 from January to April [1]. - The BSE has seen the fastest growth, with 12 new IPO projects accepted during the same period, accounting for 60% of the total A-share IPOs [1][2]. - The overall number of accepted IPO projects in 2025 has reached 32 by June 10, a significant increase from just 4 in the same period last year [7]. Group 2: Quality of New IPO Projects - The quality of new IPO projects on the BSE has improved significantly, with the minimum net profit for accepted projects rising to 5.9 million yuan, compared to 2.5 million yuan previously [8][9]. - Among the 21 new projects accepted in 2025, 40% had net profits exceeding 10 million yuan, aligning with the main board's listing requirements [9][10]. Group 3: Market Dynamics and Future Outlook - The increase in IPO acceptance is attributed to companies seeking the BSE as a favorable listing channel, especially those not fitting the criteria of larger boards [2][10]. - The trend indicates a shift towards supporting high-quality enterprises that align with national strategic goals and technological innovation [10][11]. - The number of rejected IPO applications has decreased, suggesting that the market is stabilizing as companies that do not meet the new standards are being filtered out [11].