北交所官宣！10月9日起，全部切换920代码！

Core Viewpoint - The Beijing Stock Exchange (BSE) will switch to a new securities code (920) for all existing stocks starting from October 9, 2025, enhancing its independent market status and brand recognition [1][3]. Group 1: Code Switching Announcement - The BSE announced the readiness for the code switching of existing listed companies, which will take effect on October 9, 2025 [3]. - The transition to the 920 code signifies a new identity for the BSE, detaching from the previous codes used in the New Third Board [1][3]. - The China Securities Regulatory Commission (CSRC) emphasized the need for an independent code segment to improve stock identification [3][4]. Group 2: Implementation Timeline - The process of changing codes has been in preparation for nearly two years, with the 920 code functionality launched for new listings on April 22, 2024 [2][4]. - The BSE will reserve securities codes for existing companies, ensuring a smooth transition and avoiding code duplication [4]. Group 3: Impact on Investors - The continuity of the identity of listed companies and investor rights will remain unaffected by the code switch [5][6]. - Trading information will continue to be displayed under the new code, and the previous closing prices will be carried over to the first trading day under the new code [6]. - Brokerage firms are required to support trading under both old and new codes and ensure that investors can access complete trading records [6].