IPO现场检查不能忽略北交所公司

Group 1 - The China Securities Association announced the second batch of IPO on-site inspection list for 2025, including 12 companies, which is significantly larger than the first batch of only 2 companies [1] - On-site inspections are an effective method for reviewing IPOs, allowing auditors to verify the financial authenticity of issuers, thus enhancing the scrutiny of IPO applications [1] - The recent list represents the largest number of companies selected for inspection in recent years, aligning with the requirement from the CSRC chairman to significantly increase on-site inspections [1] Group 2 - The distribution of the 12 companies shows that 8 are planning to list on the Shanghai Stock Exchange, including 3 on the main board and 5 on the Sci-Tech Innovation Board, while 4 are set for the Shenzhen Stock Exchange [1] - The author argues that the IPO review process should also include companies listed on the Beijing Stock Exchange, as the CSRC's regulations apply to them as well [2] - The increasing number of IPO applications on the Beijing Stock Exchange necessitates a higher proportion of on-site inspections, especially for companies that previously withdrew applications from other exchanges [2]