A-share IPO market is recovering strongly, with new quality projects listing in large numbers.

Since 2026, the A-share IPO market has significantly warmed up. As of April 12th, 36 companies have completed IPOs, an increase of about 16% compared to the same period last year; the total amount raised reached 31.332 billion yuan, a significant increase of 66.9%. In terms of underwriting market, CITIC Securities, Guotai Junan Securities, and CICC are leading the market, monopolizing large-scale IPO projects. The highly anticipated IPO projects in the market this year are highly concentrated in the "new productive forces" track such as electronics and new energy materials. The Beijing Stock Exchange has become an important battleground for small and medium-sized securities firms to achieve differentiation and compete, fully reflecting the development orientation of the capital market to serve "specialized, refined, and innovative" enterprises and advanced manufacturing industries.