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1. Terminate IPO review! Under the current strict market access threshold, even those IPO companies that withdraw their listing applications will inevitably be punished accordingly. As accountability after IPO withdrawal gradually becomes the norm, many companies eager to enter the listing market have to terminate IPO review.

So far this year, the total amount of IPO financing in the A-share market has exceeded 40 billion yuan, and the number of IPO terminations has reached 357, of which 351 were forced to terminate due to the withdrawal of application materials. Although these data seem optimistic, they have not effectively boosted our A-shares.

Faced with the continued sluggish stock market, unexpectedly, due to excessive focus on the number of IPO issuances in the past few years, the market value of the stock market has become too large, and the funds invested in the stock market are just a drop in the bucket, which has not given the index any impetus to rise.

2. Is the lithium battery leader also short of money? Yiwei Lithium Energy's net operating cash has dropped by 90%, and it plans to reduce its holdings to realize cash + convertible bond financing.

The company revealed in its financial report for the first half of 2024 that although operating income reached 21.659 billion yuan, it fell 5.73% compared with the same period last year, and the net profit attributable to the parent company was 2.137 billion yuan, also a slight decrease of 0.64%.