证监局对IPO辅导机构提出四项核心要求，严把上市“入口关”

Core Points - Beijing Securities Regulatory Bureau emphasizes the importance of enhancing the quality of listed companies by implementing strict requirements for IPO counseling institutions [1][6] - The meeting outlined four specific requirements for counseling institutions to ensure high-quality listings and prevent substandard companies from entering the market [2][6] Group 1: Requirements for Counseling Institutions - Diligence and Responsibility: Counseling institutions must conduct thorough due diligence and help companies establish robust governance, financial management, and internal control systems [2][6] - Accountability: Institutions are required to take responsibility for the quality of projects they submit, ensuring accurate and complete financial disclosures to prevent fraud [3][6] - Focus on New Productive Forces: Institutions should align their services with national strategic directions, particularly supporting technology innovation companies and capitalizing on policy benefits [4][6] - Integrity and Self-Discipline: Emphasis on maintaining ethical standards and preventing improper competition and corruption within the counseling institutions [5][6] Group 2: Regulatory Context - The meeting highlighted the achievements of the Beijing Securities Regulatory Bureau in enhancing IPO counseling and the positive outcomes, including the addition of 20 new counseling companies and 3 new listed companies this year [7][8] - The year 2025 is identified as a critical year for implementing comprehensive reforms and supporting high-quality development in the capital market [8]