Core Viewpoint - The Beijing Stock Exchange (BSE) is set to officially launch a pilot program for switching stock codes for existing listed companies on May 6, 2025, enhancing stock identification and market differentiation [1][2][5] Group 1: Code Switching Announcement - The BSE announced that the pilot program for switching stock codes is ready and will commence on May 6, 2025, with a testing phase from May 1 to May 5, 2025 [1][2] - The new stock codes will be used for trading, market inquiries, and business operations related to the pilot stocks, while 242 other existing stocks will retain their current codes until a later date [1][2] Group 2: Selected Pilot Stocks - The pilot program will initially include six stocks: YingTai Biology, AiRong Software, LongZhu Technology, JiaXian Co., TongXiang Technology, and QiuGuan Cable, selected based on their approval sequence from the China Securities Regulatory Commission [2] - These companies are among the first batch of selected tier companies, and further selection criteria will be monitored [2] Group 3: Enhancing Stock Identification - The introduction of the 920 code segment aims to improve stock identification and recognition within the market, aligning with the BSE's strategic goals [3][4] - The code switch is part of a broader initiative to differentiate the BSE from the New Third Board, helping investors better understand the attributes of listed companies [4][5] Group 4: Market Impact and Investor Engagement - The code switch is expected to facilitate a clearer distinction between BSE-listed companies and those on the New Third Board, enhancing investor engagement and market participation [4] - The BSE emphasizes that the code switch will not affect overall market operations, ensuring continuity in investor rights and trading activities [3]

北交所"920"代码亮相 2023年9月1日，在北交所设立两周年之际，证监会发布《关于高质量建设北京证券交易所的意 见》，提出19条改革措施，其中提及启用北交所独立代码号段，提高股票辨识度。 2023年11月17日，北交所正式启动920代码号段相关工作。 2024年4月22日，北交所上线启用920代码号段功能，支持新上市公司使用920代码号段完成申 购、询价和上市。 2024年12月13日，北交所发布《关于做好北京证券交易所存量上市公司证券代码切换准备工作 的通知》，明确了推进存量上市公司代码切换工作的相关要求。 2024年4月22日以前上市的存量上市公司， 股票代码前三位变更为920，后三位保持不变 。 切换 后股票代码重复的，对后上市公司按照上市时间先后顺序逐家对第四位代码做递进处理，直至 股票代码与切换后其他公司的股票代码不重复。 2025年4月11日晚间，北交所关于发布北交所存量上市公司代码切换试点股票名单并实施配套业 务安排的公告，意味着北交所存量上市公司证券代码切换试点正式启动，首批6只股票进入名 单。 试点股票新旧代码对照表 | 序号 | 证券简称 | 上市日期 | 旧代码 | 新代码 | | ...

Group 1 - The core point of the article is the initiation of a pilot program for the switching of stock codes for existing listed companies on the Beijing Stock Exchange, with the first batch of six stocks participating in the test [1] - The stock code switching will apply to companies listed before April 22, 2024, with the new code format changing the first three digits to "920" while keeping the last three digits unchanged [1] - The testing phase for the code switching is officially underway, aimed at ensuring a smooth transition for the companies involved [1]