Core Viewpoint - The article discusses the gradual implementation of the fifth set of listing standards on the Sci-Tech Innovation Board, which is expected to attract more innovative technology companies to go public in China [1]. Group 1: Preparation for IPO - The first part of the manual includes six chapters that cover essential tasks, participants, listing conditions, and overall processes that companies need to understand before going public [8]. - Companies should develop strategies based on whether the IPO initiation point falls within the reporting period, categorizing them into strategies for within and outside the reporting period [8][10]. - When assessing the feasibility of going public, companies must consider potential substantive obstacles and issues that may affect the IPO process, such as sudden shareholding changes and changes in the main business [10]. Group 2: Listing Norms - The second part introduces the "Five-Step Method" for listing norms, which includes adjustments to equity structure, organizational structure, business process refinement, financial system standardization, and ERP implementation [19]. - Each step of the "Five-Step Method" is elaborated upon, providing a systematic approach for companies to follow [19]. Group 3: Share Reform Key Points - The third part focuses on important timing for IPOs, considerations for share reform, and strategies to reduce listing costs, with a significant emphasis on share reform [25]. - Detailed explanations are provided on how to choose the right timing for share reform and the necessary preparations [27]. Group 4: Other Important Matters - The fourth part discusses other capital operations during the IPO process, departmental work arrangements, and highlights case studies from key industries [30]. - It includes analysis of six representative IPO review cases, focusing on regulatory concerns and common issues faced by companies in those industries [32].

Core Viewpoint - The article highlights the significant increase in IPO activities in A-shares during the first half of 2025, driven by the resumption of listing standards for unprofitable companies, particularly benefiting technology innovation enterprises [1]. Group 1: IPO Data Overview - In the first half of 2025, a total of 177 companies were newly accepted for IPO applications across the Shanghai, Shenzhen, and Beijing stock exchanges, surpassing the total number for the entire previous year [1]. - June alone accounted for over 80% of the total IPOs in the first half, with 150 new applications [1]. Group 2: Practical Guide for Companies - The "Domestic IPO Practical Manual (Company Perspective)" consists of 254 pages and 123,000 words, divided into four main sections: preparations before listing, listing norms, key points for corporate restructuring, and other important matters [4]. - The first section includes six chapters that cover essential tasks, participants, listing conditions, and overall processes, as well as how to select intermediary institutions and assess the likelihood of listing [7]. Group 3: Listing Norms and Strategies - The second section introduces a "Five-Step Method" for listing norms, which includes adjustments to equity structure, organizational structure, business process, financial system, and ERP implementation [18][19]. - The article emphasizes the importance of case studies to clarify operational strategies and frameworks for companies preparing for IPO [20]. Group 4: Corporate Restructuring Insights - The third section focuses on corporate restructuring, detailing how to choose restructuring methods, necessary preparations, and how to develop feasible plans [25]. - It provides guidance on selecting benchmark dates for restructuring and explains why certain dates are preferable over others [26]. Group 5: Capital Operations and Department Coordination - The fourth section discusses other capital operations during the IPO process, departmental work arrangements, and highlights six popular IPO industries with representative case studies [31][35]. - It emphasizes the importance of understanding investor engagement, mergers and acquisitions, and equity incentives, along with the roles of various departments in the IPO process [32][33].

Core Viewpoint - The article highlights the significant increase in IPO activities in A-shares during the first half of 2025, driven by the resumption of listing standards for unprofitable companies, particularly benefiting technology innovation enterprises [1]. Group 1: IPO Data Overview - In the first half of 2025, a total of 177 companies were newly accepted for IPO applications across the Shanghai, Shenzhen, and Beijing stock exchanges, surpassing the total number for the entire previous year [1]. - June alone accounted for over 80% of the IPOs in the first half, with 150 new applications [1]. Group 2: Practical Guide for Companies - The "Domestic IPO Practical Manual (Company Perspective)" consists of 254 pages and 123,000 words, divided into four main sections: preparation before listing, listing norms, key points for corporate restructuring, and other important matters [4]. - The first section includes six chapters that cover essential tasks, participants, listing conditions, and overall processes, as well as how to select intermediary institutions and assess the likelihood of listing [7][8]. Group 3: Listing Norms and Procedures - The second section introduces a "Five-Step Method" for listing, which includes adjustments to equity structure, organizational structure, business process refinement, IPO financial norms, and ERP implementation and maintenance [19]. - The manual provides case studies to clarify specific operational strategies and frameworks for companies preparing for IPO [20]. Group 4: Corporate Restructuring Insights - The third section focuses on important timelines for IPOs, considerations for corporate restructuring, and strategies to reduce listing costs, with a significant emphasis on practical guidance for corporate restructuring [24][25]. - It discusses how to choose a restructuring benchmark date and the rationale behind avoiding certain dates, providing detailed explanations from a corporate perspective [26][28]. Group 5: Capital Operations and Departmental Coordination - The fourth section elaborates on other capital operations during the IPO process, departmental work arrangements, and case studies of IPO reviews in key industries [31]. - It includes insights on engaging investors, mergers and acquisitions, and equity incentives, along with how various departments such as finance, sales, and R&D can effectively coordinate for the IPO [33][35].

Core Viewpoint - The article highlights the accelerated pace of IPO approvals in the A-share market, with a 100% approval rate for 21 companies as of May 2023, and a significant increase in net profit for these companies compared to the previous year [1]. Group 1: IPO Trends - As of May 2023, 21 companies have successfully passed the IPO approval process, marking a 100% approval rate [1]. - The median net profit of these companies is 1.22 million, representing an increase of over 50% compared to the full year of 2024, which was 0.80 million [1]. Group 2: IPO Practical Manual - The "Domestic IPO Practical Manual (Enterprise Perspective)" is introduced as a guide for companies to enhance their IPO success rate by coordinating with intermediary institutions and internal departments [2][5]. - The manual consists of 254 pages and 123,000 words, divided into four main sections: preparation before listing, listing norms, key points of corporate restructuring, and other important matters [5]. Group 3: Preparation Before Listing - The first section includes six chapters that cover essential tasks, participants, listing conditions, and overall processes that companies need to understand before going public [8]. - Companies are advised to develop strategies based on whether the IPO initiation falls within the reporting period, differentiating between strategies for within and outside the reporting period [9]. Group 4: Listing Norms - The second section introduces a "Five-Step Method" for listing norms, which includes adjustments to equity structure, organizational structure, business processes, financial norms, and ERP implementation [19][20]. - The section provides case studies to clarify specific operational strategies and frameworks for companies [21]. Group 5: Corporate Restructuring - The third section focuses on important timing for IPOs, considerations for corporate restructuring, and strategies to reduce listing costs [25]. - It emphasizes practical guidance on selecting restructuring methods and preparing actionable plans [26]. Group 6: Other Capital Operations - The fourth section discusses other capital operations during the IPO process, departmental responsibilities, and case studies from key industries [32]. - It includes detailed analysis of six representative IPO review cases, highlighting regulatory concerns and common issues faced by companies in these sectors [36].

Core Viewpoint - The A-share IPO market is showing signs of recovery, with a significant increase in the number of companies going public and a 100% approval rate for IPO applications as of April 2023 [1][2]. Group 1: IPO Preparation - The "Practical Manual for Domestic IPOs (Enterprise Perspective)" consists of 254 pages and 123,000 words, divided into four main sections: Pre-listing Preparation, IPO Norms, Share Reform Key Points, and Other Important Matters [2]. - The first section includes six chapters that cover essential tasks, participants, listing conditions, and overall processes that companies need to understand before going public [5][6]. - Companies should develop strategies based on whether the IPO initiation point falls within the application period, categorizing them into strategies for within and outside the application period [7]. Group 2: IPO Norms - The second section also contains six chapters, with the first chapter introducing a "Five-Step Method" for listing norms, which includes adjustments to equity structure, organizational structure, business process, financial system, and ERP implementation [16]. - The financial norms section provides case studies to clarify operational strategies and frameworks for companies [17]. Group 3: Share Reform - The third section focuses on important timing for IPOs, considerations for share reform, and strategies to reduce listing costs, with a significant portion dedicated to share reform methods and preparations [22][24]. - Detailed explanations are provided for choosing the benchmark date for share reform, advising against selecting certain month-end dates [22]. Group 4: Capital Operations and Department Coordination - The fourth section discusses other capital operations during the IPO process, departmental work arrangements, and case studies of IPO reviews in key industries [27][29]. - It emphasizes the importance of departmental coordination, detailing how nine departments, including finance and sales, should prepare for IPO-related inquiries [27]. - The section also highlights six popular IPO industries and analyzes representative IPO review cases, focusing on regulatory concerns and common issues faced by companies in those sectors [29].

当前，虽然IPO受理速度有所提升，但审核态势仍旧趋严。站在 企业视角 ，我们应该从哪些方面入手， 做好IPO规范和股改工作，协调好中介机构人员和企业各部门员工之间的具体分工，提升IPO成功率？ 答案就在 《境内IPO实操手册（企业视角）》 中—— 境内IPO实操手册（企业视角） 1.纸质资料《境内IPO实操手册（企业视角）》 扫码可查看详情 限时特惠 立减20元 Q： 如何试读？ A： 扫码→点击"赠品 内含3个商品"→点击"试读" 《境内IPO实操手册（企业视角）》共有254页，12.3万字，内容主要分为四个部分，分别是 上市前的准 备 、 企业上市规范 、 企业股改要点 、 其他重要事项 。 PPPPaaaarrrrtttt 1111 2.线上课程《不同板块IPO审核要点解析（14案例）》 3.梧桐定制笔记本1个 第一部分共有6个章节， 其中，既介绍了企业上市之前需要了解的主要工作、参与者、上市发行条件、 整体流程等基本事项，也有关于企业应该如何选择中介机构、判断上市可能性等关键事项。 例如，在IPO时间规划时，企业可以根据IPO启动时点是否在申报期内， 将其分为申报期内的策略和申 报期外的策略。 对于申 ...

当前，虽然IPO受理速度有所提升，但审核态势仍旧趋严。站在 企业视角 ，我们应该从哪些方面入手， 做好IPO规范和股改工作，协调好中介机构人员和企业各部门员工之间的具体分工，提升IPO成功率？ 答案就在 《境内IPO实操手册（企业视角）》 中—— 境内IPO实操手册（企业视角） 1.纸质资料《境内IPO实操手册（企业视角）》 2.线上课程《不同板块IPO审核要点解析（14案例）》 3.梧桐定制笔记本1个 扫码可查看详情 或试读内容 Q： 如何试读？ 第一部分共有6个章节， 其中，既介绍了企业上市之前需要了解的主要工作、参与者、上市发行条件、 整体流程等基本事项，也有关于企业应该如何选择中介机构、判断上市可能性等关键事项。 例如，在IPO时间规划时，企业可以根据IPO启动时点是否在申报期内， 将其分为申报期内的策略和申 报期外的策略。 对于申报期内的策略，企业不仅要控制增量，还要梳理过往的数据；而对于申报期外的策略，企业只需 要在申报期前一年的12月31日梳理出清晰的资产负债余额就可以了。 而在评估上市可能性的时候， 企业除了需要关注自身是否存在一些构成实质性障碍的问题以外，还要关 注一些可能影响企业上市进程的 ...