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[From the perspective of audit inquiries, according to the reporter's analysis, in addition to the stability of control rights and the authenticity of performance, the innovation capabilities and core technology barriers of the companies to be listed have also become the focus of the exchange. The audit side continues to be strict, and the importance of IPO working papers has increased. China Business News learned that the Beijing Stock Exchange recently reviewed the working papers of the sponsor institutions and reported the problems found in the inspection to the industry, mainly involving the authenticity of performance and independence. ]

It has been two months since the full restart of A-share IPOs. What stage have the first 30 companies that debuted after the new "Nine National Policies" reached on their road to A-share listings?

According to the exchange websites, as of now, the Shanghai and Shenzhen Stock Exchanges have only accepted one IPO application each this year. The accepted companies are Xi'an Taijin New Energy Technology Co., Ltd. (hereinafter referred to as "Taijin New Energy") and China Uranium Corporation (hereinafter referred to as "China Uranium"). Both were accepted in late June and no new applications have been accepted since then. The Beijing Stock Exchange intensively accepted listing applications from 28 companies in late June and has not accepted any new applications in the past two months.

In terms of the audit progress, the above 30 companies have entered the first round of inquiries, among which three companies planning to go public have had their IPOs put on hold due to the investigation of their auditing agencies. From the perspective of audit inquiries, according to the reporter's analysis, in addition to the stability of control and the authenticity of performance, the innovation capabilities and core technology barriers of companies planning to go public have also become the focus of the exchange.

Why is the current IPO acceptance process so slow? An investment banker told reporters: "IPOs have been opened, but the extent is small. Many applicants are still in the guidance and acceptance stage, and some materials have been collected but not accepted." An industry insider believes that "we understand that in order to implement the spirit of the new 'Nine National Regulations', we must first solve the many problems existing in the market. At the same time, we must also take into account the performance of the secondary market."