55 companies have withdrawn their applications during the year, and 33 fines were issued within 2 months of supervision. Since 2024, the China Securities Regulatory Commission and the three major exchanges have issued a total of 33 fines to securities firms and their employees for IPO sponsorship business.
On February 29, the official website of the Shenzhen Stock Exchange showed that the review status of the GEM IPO of Shandong Valin Electronics Co., Ltd. was changed to "terminated" because the company and the sponsor withdrew its application for issuance and listing.