Approval time of China Securities Regulatory Commission: +30 days after approval by IEC. During this period, approval can be given within any 1 day, but not more than 30 days.
Completion time of fixed increase: +2 1 day on the approval date of CSRC, which can be completed within any 1 day, but not more than 2 1 day.
The completion time of the fixed increase is still 48 days from today, and 48 days is the longest time. During this period, it can be completed in any 1 day.
China Securities Regulatory Commission is a ministerial-level institution directly under the State Council. According to laws, regulations and the State Council's authorization, it uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market, and ensures its legal operation.
The State Council stipulated in the Regulations on the Administration of Futures Trading that "China Securities Regulatory Commission shall exercise centralized and unified supervision and management over the futures market". There is a special futures supervision department within the CSRC, which is the functional department of China Securities Regulatory Commission to supervise and manage the futures market.
Initial public offering (IPO) means that an enterprise or company (joint stock limited company) sells its shares to the public for the first time (IPO means that a joint stock company makes an initial public offering to the public).
Usually, the shares of listed companies are sold through brokers or market makers according to the agreed terms in the prospectus or registration statement issued by the corresponding CSRC. Generally speaking, once the initial public listing is completed, the company can apply for listing on the stock exchange or quotation system. ] A limited liability company should be changed into a joint stock limited company before applying for IPO.
Source: Baidu Encyclopedia Securities Regulatory Commission? Baidu encyclopedia IPO