The Beijing Stock Exchange conducts multiple rounds of progressive inquiries on companies planning to IPO, rigorously examining the "gold content" of their performance and the feasibility of their fundraising.

Since August, 18 companies planning to list on the Beijing Stock Exchange have updated relevant information. Among them, 6 companies have disclosed the second round of inquiry letters, 2 companies have disclosed the third round of inquiry letters, and 10 companies have disclosed inquiry responses. Journalists found that regulatory inquiries have clearly advanced in depth, extending from traditional financial data verification to a multidimensional examination of the essence of business and the sustainability of operations, focusing on the three core dimensions of performance sustainability, rationality of fundraising projects, and the truthfulness of income, reflecting the regulatory orientation of the Beijing Stock Exchange to strictly control the entry point from the source and improve the quality of listed companies.