In August, 2022, there were five trials in one week. What is the reason for the record? What signal was released?

In August, 2022, the North Stock Exchange audited five companies a week, and five companies passed the audit, which also set a historical record. It can be seen that the audit rhythm of the North Exchange is obviously accelerated and the process is very smooth. The filing was mainly due to the fact that the North Stock Exchange held several consecutive deliberation meetings and conducted intensive review of the listing applications of these five enterprises. In the process of soliciting opinions for many times, the audit reports of five enterprises have also come out, that is, all of them meet the requirements and will be submitted to the CSRC for registration, and then wait for the final approval results. This incident has also released many positive signals, that is, it is no longer as difficult as before to go public, and there is no need to wait for a long time.

Most enterprises want to go public when they operate to a certain extent, so that they can sell stocks and raise funds for many years, which makes the scale of enterprises bigger and bigger and makes the capital flow of enterprises more and more, which is also an important factor for the development of enterprises. However, the audit of the North Exchange is really tough and takes a long time, and most enterprises may get stuck in the listing process. However, since August, the North Exchange has approved five companies within one week, and this pace has obviously accelerated. For example, a company applied for listing on June 29, but it passed on August 5, and it only took 37 days, which also set a record high.

Not only the audit speed is particularly fast, but also the audit quality of the North Exchange is excellent, which has been recognized by the market. In fact, the conditions before the listing of enterprises are excellent, such as a good corporate governance foundation, the establishment of an independent operating mechanism and corporate governance structure, extremely standardized information disclosure, efficient internal control operation and a good financial foundation. It can be seen that enterprises need internal rectification if they want to go public faster.

As can be seen from the above description, the North Exchange has been operating very efficiently from the beginning, which has improved the market ecology to a certain extent, and the enthusiasm of enterprises to apply for listing has also been continuously improved.