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北交所审核提速 新三板基础层公司现IPO辅导热
Xin Hua Wang· 2025-08-12 06:28
Group 1: Core Insights - The Beijing Stock Exchange (BSE) has accelerated its new stock review process, changing from "1 review per week" to "2 reviews for 3 companies per week" since last week [1][3] - The BSE is expected to further increase its review speed after the annual report disclosures, entering a phase of expansion and efficiency improvement [1][3] - As of March 27, over 1,000 companies meet the financial criteria for listing on the BSE, with 330 companies having submitted counseling materials for listing [2][8] Group 2: Listing and Review Status - Currently, there are 3 companies in the "accepted" status, 30 in "inquiry," and 3 that have been "approved" for listing [2] - The BSE has held 5 meetings in March, reviewing 7 companies, with a total of 16 companies approved since its establishment [3] - The first company to receive a "deferred review" status is Sanwei Co., which must provide further documentation regarding its financial reporting and internal controls [5][6] Group 3: New Third Board Developments - The upcoming first tier adjustment of the New Third Board is set to begin on March 31, with many basic tier companies preparing for "upgrading" while also seeking to list on the BSE [1][7] - In the past week, 7 companies have updated their listing counseling progress, indicating a strong interest in BSE listings [7] - The revised tier management rules allow for more flexible timing for tier adjustments, enabling companies to better prepare for annual report disclosures and financing [7][8]