In June, the A-share IPO acceptance reached a small peak, with over a hundred companies "taking the exam" in the first half of the year.

Jin10 data reported on June 27 that preliminary statistics show that as of the evening of June 26, the three major exchanges in Shanghai and Shenzhen have accepted a total of 113 companies for listing in the first half of this year. Among them, the number of newly accepted companies in June was 86, which is more than a fourfold increase compared to May, when the total number of companies accepted by the three exchanges was 16. Interviews revealed that there are two main reasons for the increase in IPO acceptance in June: first, due to the impact of financial report updates, the financial statements in the prospectus of companies intending to go public are valid for 6 months after the latest deadline; to avoid the need for subsequent updates to financial report data, some issuers and sponsoring institutions concentrated on applying for IPOs in June to secure a longer validity period for future IPOs; second, driven by policy, the new round of Sci-Tech Innovation Board reforms has enhanced the inclusivity and adaptability of the board, better serving technological innovation and the development of new quality productivity, and has further released positive signals to high-quality hard tech companies.