Northbound IPO review process is expedited, the number of companies to be reviewed in the first quarter has significantly increased.

The IPO review of the Beijing Stock Exchange is quietly speeding up. As of March 16th, there have been 12 IPO companies scheduled for review at the Beijing Stock Exchange since March, setting a new high for the number of monthly reviews since 2026. According to a journalist from the Securities Times, the efficiency of IPO reviews at the Beijing Stock Exchange has been significantly improved since November last year; and the pace of reviews has further accelerated this year. As the first quarter is not yet over, the Beijing Stock Exchange has arranged a total of 29 IPO companies for review, exceeding the level of the fourth quarter of last year. In terms of review cycles, the average time from submission to review for IPO companies at the Beijing Stock Exchange this year is 268 days, significantly shorter than the fourth quarter of last year.