I have never understood whether there is a difference between IPO pricing mechanism and pricing method. Does the IPO pricing mechanism include pricing methods? Or what?

You can understand it this way, but you don't have to be demanding:

1, the pricing mechanism is the rules of pricing, that is, the rules that the pricing method needs to abide by, which can be considered as the rules designated by the CSRC.

2. Pricing method is an available method formed under the pricing mechanism.

3. Give a simple example. For example, the pricing mechanism of IPO is based on inquiry mechanism, and the main board needs to go through preliminary inquiry and cumulative bidding inquiry; Small and medium-sized board only needs preliminary inquiry, and then the price is decided by brokers and issuers. Then inquiry is a pricing mechanism, and two-step inquiry and one-step inquiry are methods.

Actually ~ I think many people have the same confusion as you. Mechanism and method can also be understood by extension, that is, mechanism is method and method is mechanism. Except for the strictness of the paper, the two can be understood together ~