Group 1 - The A-share IPO acceptance pace has accelerated in the first half of the year, with 177 companies accepted, a year-on-year increase of approximately 4.5 times, adding 145 companies compared to the same period last year [1] - June was a peak month for IPO acceptance, with 150 companies accepted, accounting for 85% of the total for the first half of the year. The North Exchange saw a record high of 32 companies accepted in a single day on June 30, 2023 [3] - Over 80% of the companies submitted their applications in June, with the North Exchange leading with 97 companies accepted, followed by the Shanghai and Shenzhen exchanges [3] Group 2 - The IPO market is entering a new policy cycle, with the Sci-Tech Innovation Board and the Growth Enterprise Market favored by technology innovation companies. The Sci-Tech Innovation Board has seen an increase in acceptance, with over 70% of new applications coming from the semiconductor sector [4] - The Growth Enterprise Market is accelerating reforms, with the introduction of a third set of standards to support unprofitable innovative companies going public. The policy was officially implemented with the acceptance of Da Pu Wei's application on June 27 [5] - The main board has opened up to new consumer companies, with policies supporting quality consumer industry chain enterprises for financing, as seen with the acceptance of Bai Fei Dairy and Plant Doctor for IPOs in June [5]
上半年A股IPO受理加速,6月迎受理高峰
Huan Qiu Wang·2025-07-01 08:22