Summary of Key Points Core Viewpoint - The Beijing Stock Exchange (BSE) has seen a steady increase in trading volume and value, with a total of 268 listed companies as of July 20, 2025, indicating a growing market presence and activity [2][3]. Trading Activity - As of the week of July 14-20, 2025, the BSE recorded a trading volume of 5.148 billion shares, reflecting a week-on-week increase of 1.04% [3]. - The total trading value for the same week was 109.284 billion yuan, which is a 1.34% increase compared to the previous week [3]. - The average trading price during this period was 21.23 yuan, showing a slight increase of 0.30% [3]. - The BSE 50 Index experienced a minor decline of 0.15%, closing at 1420.81 points, with 23 stocks rising and 27 falling [3]. New Stock Issuance - During the week of July 14-20, 2025, one company received approval for IPO registration, while no new companies submitted registration or were listed [6][8]. - As of July 20, 2024, there are 159 companies awaiting review, with 58 under "accepted," 89 under "inquiry," 2 approved by the listing committee, and 10 submitted for registration [7]. Company Specifics - Hongyuan Electric Wire Co., Ltd. received approval for an IPO, planning to issue up to 30.6818 million shares, with intended fundraising of approximately 282 million yuan for various projects [10]. - The company reported revenues of 131 million yuan, 146 million yuan, and 207 million yuan for the years 2022 to 2024, with net profits of 50 million yuan, 64 million yuan, and 102 million yuan respectively [10]. Counseling and Termination - One company entered the counseling phase, while four companies terminated their counseling applications during the week of July 14-20, 2025 [15][19]. - Notable companies that terminated counseling include Xinhang Precision, Anyi Extreme, Jintaiyang, and Tianyun Co., each with specific business focuses ranging from automotive parts to energy technology [20][22][23][24].