1-10月A股81家IPO成功！10家企业的中介机构收费过亿，北交所中介费占募资比例最高占12.34%

Core Insights - In 2025, a total of 81 companies successfully went public on the A-share market, raising a total of 78.464 billion yuan, with 5.745 billion yuan allocated for intermediary fees, accounting for 7.32% of the total fundraising [1][3] Summary by Category Overall Market Performance - The average fundraising amount per company was 969 million yuan, with an average intermediary fee of 70.925 million yuan, resulting in an average intermediary fee percentage of 11.40% [3] - The highest fundraising amount recorded was 18.171 billion yuan, with the highest intermediary fee reaching 212.132 million yuan, which accounted for 20.94% of the total fundraising [3] Intermediary Fees by Market Segment - ChiNext: - Total fundraising: 709 million yuan - Total intermediary fees: 68.502 million yuan - Intermediary fee percentage: 11.56% [5] - STAR Market: - Total fundraising: 1.015 billion yuan - Total intermediary fees: 94.409 million yuan - Intermediary fee percentage: 12.13% [5] - Main Board: - Total fundraising: 1.643 billion yuan - Total intermediary fees: 90.072 million yuan - Intermediary fee percentage: 10.43% [5] - Beijing Stock Exchange: - Total fundraising: 320 million yuan - Total intermediary fees: 33.597 million yuan - Intermediary fee percentage: 12.34% [5] Notable Companies and Their Fees - ChiNext: - Highest intermediary fee: Han Shuo Technology (301275.SZ) with 132.488 million yuan, accounting for 11.41% of its 1.162 billion yuan fundraising [6] - Lowest intermediary fee: Chao Yan Co. (301602.SZ) with 41.064 million yuan, accounting for 9.54% of its 430 million yuan fundraising [6] - STAR Market: - Highest intermediary fee: Ying Shi Innovation (688775.SH) with 184.414 million yuan, accounting for 9.52% of its 1.938 billion yuan fundraising [7] - Lowest intermediary fee: Sai Fen Technology (688758.SH) with 45.213 million yuan, accounting for 20.94% of its 216 million yuan fundraising [7] - Main Board: - Highest intermediary fee: Huaneng New Energy (600930.SH) with 212.132 million yuan, accounting for 1.17% of its 18.171 billion yuan fundraising [8] - Lowest intermediary fee: Jiangnan New Materials (603124.SH) with 47.598 million yuan, accounting for 12.39% of its 384 million yuan fundraising [8] - Beijing Stock Exchange: - Highest intermediary fee: Kai Fa Technology (920029.BJ) with 59.725 million yuan, accounting for 5.11% of its 1.169 billion yuan fundraising [9] - Lowest intermediary fee: Hong Hai Technology (920108.BJ) with 18.426 million yuan, accounting for 14.38% of its 128 million yuan fundraising [9]