北交所明确申报前业务咨询注意事项

Core Insights - The Beijing Stock Exchange (BSE) has disclosed its listing review dynamics for the first half of 2025, indicating that 115 companies submitted applications, with 12 approved by the listing committee and 7 registered by the CSRC, resulting in 6 companies listed and raising 1.923 billion yuan [1] - The introduction of the new "National Nine Articles" has led to an increase in the awareness of responsibilities among issuers and intermediaries, with a rapid growth in pre-application business consultations [1][2] - The BSE aims to enhance the standardization and normalization of the pre-application consultation mechanism, focusing on the purpose, content, and discipline of consultations to ensure that companies' listing applications are based on their own compliance levels and the professional capabilities of intermediaries [1][2] Pre-Application Consultation Mechanism - The pre-application consultation is designed to eliminate information asymmetry and facilitate smoother listing applications for companies, allowing them to decide whether to seek consultation based on their circumstances and understanding of the rules [1] - The BSE emphasizes that engaging in pre-application consultations does not affect the submission of listing application documents and does not imply a substantive judgment or guarantee regarding the issuer's compliance with listing conditions [1][2] Focus on Genuine Issues - The BSE has clarified that the content of pre-application consultations should adhere to specific guidelines, focusing on significant issues related to industry policies, listing conditions, and information disclosure, while avoiding basic or common knowledge inquiries [2][3] - Issuers and intermediaries are encouraged to concentrate their consultation resources on resolving genuine issues to navigate the new regulatory environment effectively [3] Consultation Discipline and Supervision - The BSE has established clear rules for consultation discipline, requiring written communications to be conducted through the BSE's online communication system, with all communications recorded [3]