IPO Review and Registration Progress - 11 new IPO applications were accepted last week, including companies like Baifei Dairy, Huikang Technology, and Shanghai Super Silicon [2][3] - Baifei Dairy plans to raise 497 million yuan on the Shanghai main board, with a revenue of 1.423 billion yuan in 2024, up 32.33% year-on-year [2] - Huikang Technology aims to raise 1.794 billion yuan, reporting a revenue of 3.204 billion yuan in 2024, a 28.49% increase [3] - Shanghai Super Silicon, a leading manufacturer of semiconductor silicon wafers, reported a revenue of 1.327 billion yuan but has not yet achieved profitability [3] - The North Exchange has accelerated its IPO acceptance pace, with 6 new companies accepted last week, many of which have shifted from other exchanges [3] New Stock Listings and Subscription Dynamics - Three new stocks were listed last week, with significant price increases, including Ying Shi Innovation, which saw a 274.44% rise on its first day [11] - Ying Shi Innovation's market capitalization exceeded 70 billion yuan, with a global market share of 67.2% in the consumer-grade smart imaging device sector [11] - This week, two new stocks are scheduled for subscription, including Guangxin Technology, which plans to raise 200 million yuan [12] Policy and Regulatory Trends - The Ministry of Industry and Information Technology supports qualified metrology institutions in listing and financing, encouraging early-stage investments in manufacturing metrology technology [13] - The China Securities Association plans to evaluate the capabilities of securities firms in supporting listed companies' mergers and acquisitions for 2025 [15]