新受理同比增长超三倍 IPO市场结构性回暖

Group 1 - The A-share IPO market is experiencing a significant recovery, with a total of 55 companies successfully listed and raising 59.504 billion yuan this year, marking an increase in both quantity and fundraising compared to the same period last year [3][4] - The number of IPOs accepted by the three major exchanges has increased by 361% year-on-year, with 180 IPOs accepted this year compared to 39 last year [3][4] - The number of companies that terminated their IPO applications has decreased by approximately 74.68%, with 78 companies withdrawing this year compared to 308 last year [3][4] Group 2 - The North Exchange has become a preferred platform for innovative small and medium-sized enterprises, with 116 out of the 180 newly accepted IPO projects coming from this exchange, accounting for 64.44% [4][5] - The top three industries for A-share IPOs in terms of quantity and fundraising are industrial, technology, and materials, which together account for 86% of the total IPO quantity and 89% of the total fundraising in the first half of the year [5][6] - The A-share IPO market is increasingly focusing on strategic sectors, with a significant number of applications from hard technology fields such as artificial intelligence, robotics, semiconductors, and new energy [5][6] Group 3 - The recent changes in the IPO market reflect a broader trend of deepening reforms in the capital market, with policies aimed at supporting technology-driven enterprises and enhancing market inclusivity [7][8] - The introduction of new listing standards and policies, such as the reactivation of the fifth listing standard for unprofitable companies on the Sci-Tech Innovation Board, is expected to attract more capital towards technology innovation [7][8] - The overall capital market is witnessing a structural improvement, with an increase in long-term funds entering the market, which is expected to enhance market stability and support enterprise growth [8][9]