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Changzhou holds conference on high-quality IPO development for private enterprises
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On November 27, Changzhou hosted a conference on promoting the high-quality listing of private enterprises. Representatives from leading national securities firms, the city's pre-IPO companies, market intermediaries, and major financial media gathered to explore cooperation and jointly advance the high-quality development of Changzhou's capital market.

The conference was attended by Nie Zhenping, deputy secretary of the Financial Work Committee of the CPC Jiangsu Provincial Committee; Bi Qingfeng, deputy director of the CSRC Jiangsu Bureau; Wen Quansheng, assistant director of the Market Development Department at the Shanghai Stock Exchange; Li Fangyu, director of the Shanghai Center of the Shenzhen Stock Exchange; Huang Lei, director of the Market Development Department of the Beijing Stock Exchange; Wang Jianfeng, secretary of the CPC Changzhou Municipal Committee; and Zhou Wei, deputy secretary of the CPC Changzhou Municipal Committee and mayor of Changzhou.

Speaking on behalf of the municipal government, Mayor Zhou expressed gratitude for the long-standing support from all sectors of society and outlined Changzhou's recent efforts to help private enterprises pursue IPOs. He noted that the city will make full use of the opportunities offered by the ongoing comprehensive reform pilot program and aims to add 30 listed companies—up to 50 where possible—during the 15th Five-Year Plan period (2026–2030). With sustained and targeted efforts, Changzhou will continue to expand its presence in China's capital market.

Zhou emphasized that government departments at all levels will, under the city's "10+28" industrial system—comprising 10 advanced manufacturing clusters and 28 key industrial chains—accelerate the development of a listing-service system that is government-guided, market-oriented, and professionally supported. He called for deepened coordination of capital, industry, innovation, and talent; full use of government-guided funds such as the Longcheng Sci-Tech Innovation Fund; and the creation of a virtuous cycle in which capital drives industrial upgrading, industries attract talent, and talent powers innovation.

He encouraged private enterprises to become a dynamic force in the capital market by focusing on their core businesses, strengthening their competitiveness, and striving to become industry benchmarks and long-standing market leaders. He also expressed hope that financial institutions will align their services with Changzhou's industrial plans, provide end-to-end professional support, attract more high-quality resources to the city, and help more emerging companies grow into top performers.

To date, Changzhou has recorded a total of 90 listed companies across domestic and overseas markets. The number of A-share listed companies ranks among the top peer cities nationwide, with private enterprises accounting for more than 90 percent. This year, the city has added four newly listed companies and 12 New Third Board companies. A total of 816 enterprises have been included in Changzhou's pre-IPO pipeline, including 243 key candidates.

Deputy Mayor Xu Jun and Secretary-General Zhou Chengtao also attended the conference.

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