"Sub-IPO" is generally a relative term in the stock market, which is earlier than new shares (stocks listed in recent trading weeks) but later than old shares (stocks listed for more than three years). Strictly speaking, its time to market will generally not exceed one year.

The advantages of sub-new shares are as follows:

1. It has great potential for equity expansion.

There is also a unique advantage of sub-new shares, that is, the capital reserve of sub-new shares is relatively high and there is a strong potential for equity expansion. Strong equity expansion potential is also an important reason to attract institutional funds. A large amount of investment funds lurk in small and medium-sized listed companies.

2. The upshift resistance is relatively small.

The quality of new shares is good and there is no historical burden. From the market point of view, the time to market of sub-new shares is relatively short. Although the previous share price also fluctuated and fell with the broader market, compared with other stocks, the resistance of sub-new shares was relatively light. Once the rebound market starts, the sub-new shares will show greater flexibility.