The IPO market is showing signs of warming up: the pace of IPO reviews has accelerated, and consumer-oriented companies are favored.

In April, the number of monthly IPO meetings exceeded the total number for the quarter, with some companies registering and becoming effective within ten days. Several "consumer-oriented" companies have made substantial progress in their IPOs. According to investment banks and accounting firms, the pace of new stock issuance has clearly accelerated, signaling a gradual recovery in the A-share IPO market. However, it is still too early to talk about a "comprehensive recovery" and further observation is needed. In the industry's view, this normalized and predictable IPO pace is of positive significance for enhancing the stability of the capital market. Several capital market professionals believe that the A-share IPO market is expected to achieve a small increase by 2025.