tera power leveling IPO regulatory tightening - PWO

IPO in the first quarter the rate rose to more than 80% have successfully reached 66 First quarter of 2012, a total of 82 companies on the first episode, get rid of postponing the vote, 4 3 companies cancel audited outside tera power leveling, there are 9 enterprises audit does not pass smoothly up to 66, the overall rate of up to 80.5%. Enterprise for the year 2011 on the first episode 345 enterprises, through the Committee of audit for 265, only 76.8%,2012 will be significantly higher than last year's level. Specifically, on the Shanghai Stock Exchange in the first quarter of the 12 companies were approved, total enterprise 18.2%. 28 on small enterprises in Shenzhen, 20 approved, total enterprise 30.3%; 5 companies were attached to stakes, financial indicators flaws, "PE sponsored" modeFactors such as the type examined by the Committee was not, Shenyang bolinte and hanjia designed to suspend vote Jiangsu Jinyuan forging withdrawn documents on the day the trial was cancelled by the Committee for approval. Companies on the gem 42 34 in a smooth, 66 per cent of enterprise 51.52%; remove Xian day and defence of postponing the vote tera gold, and Eagle electrical, Anhui, Shanghai copper valve andSpectrum test was cancelled by the Committee of science and technology outside the audit, there are 4 was not. Although territory of listed companies, the IPO market in the first quarter of this year total size, the IPO price of financing and the sharp decline in earnings over the same period in 2011, but the IPO will rate increases significantly. According to the analysis of Kiyoshina Research Center, will be a significant increase in the rate of the first quarter, is the securities supervisionPolicy effectiveness has shown signs of performance. Since last year, IPO regulatory tightening, will rate in the second half disappointing 2012 early in the new year, financing scale and number of new shares issued and although at a low level in comparison with the same period last year tera power leveling, but because of the Securities and Futures Commission to improve information disclosure standards, establish and improve the governance of the listed companies and initiatives such as operation level, quality of listed companiesBoost. The other hand, will sponsor institutions sponsor rate increase also reflects rising levels. Others:

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