作品简介

　　本书由资深投资银行家沈春晖写作，全面、系统地梳理A股IPO的政策和实务，展示全面实行注册制背景下A股IPO的全流程，带你看透全面注册制实施后A股IPO的最新政策与实践。

　　本书首先对上市进行总括性介绍，为深入理解A股IPO提供了必需的资本市场背景知识，接着详述发行上市的条件、上市板块的选择等关键事项，为有意上市的企业进行具体方案设计提供决策参考。然后详细分析A股IPO需要历经的全过程，包括选择中介机构、设立股份公司、辅导、交易所审核与证监会注册、发行上市等。之后深度聚焦如何通过审核这个核心事项，介绍注册制审核的理念、财务审核的要点及其他审核细则。

　　本书还介绍了从新三板挂牌到北交所上市、转板、分拆上市等特殊事项，以及全面实行注册制带来的直接和深远影响。作者沈春晖一直工作在资本市场一线，他在本书中大量分享了自己的实务经验和投行思维。

　　本书内容贴近业务实际，所有案例都来自注册制审核实践，是企业家、管理者、投资机构和中介机构业务人员以及所有对A股市场感兴趣人士的上市指南和资本市场教科书。

　　沈春晖，我国首批注册的保荐代表人，北京大学学士硕士，中国证券业协会投资银行委员会委员，拥有20多年的投资银行和资本市场实务经验。

　　在多所财经院校担任客座教授或EMBA课程授课教师，在专业媒体发表过多篇投资银行实务文章。个人创办的“春晖投行在线”网站是我国投咨行界广具知名度的专业网站。微博账号“春辉投行在线”和微信公众号“春晖投行在线”，拥有费十万专业读者。

　　著有《一本书看诱IPO：注册制IPO全流程度剖析》（2023年）、《投行十讲：从菜鸟到按资银行家》（2020年）、《一本书看透IPO：AIPO全流程深度剖析》（2018年）。他还是中国《投资银行，理论与实行间市场交易商协会教（上、下）》（2019年）编写组主要成员。

Introduction of works

Written by senior investment banker Shen Chunhui, this book comprehensively and systematically reviews the policies and practices of A-share ipos, shows the whole process of A-share ipos under the background of full implementation of the registration system, and takes you through the latest policies and practices of A-share ipos after the implementation of the full registration system.

First of all, this book provides A comprehensive introduction to listing, providing the necessary capital market background knowledge for in-depth understanding of A-share IPO, and then details the conditions for listing, the selection of listed sectors and other key matters, so as to provide a decision reference for the specific plan design of enterprises intending to list. Then A detailed analysis of the A-share IPO needs to go through the whole process, including the selection of intermediaries, the establishment of joint stock companies, counseling, exchange review and CSRC registration, issuance and listing. After that, the core issue of how to pass the audit is deeply focused, and the concept of registration audit, the key points of financial audit and other audit rules are introduced.

The book also introduces the special issues from the New three board listing to the Beijing Stock Exchange listing, board transfer, spin-off listing, as well as the direct and far-reaching impact of the full implementation of the registration system. The author, Shen Chunhui, has been working on the front line of the capital market, and he shares his practical experience and investment banking thinking extensively in this book.

The content of this book is close to the actual business, all cases are from the registered audit practice, and it is A listing guide and capital market textbook for entrepreneurs, managers, investment institutions and intermediary business personnel, and all those interested in the A-share market.

Shen Chunhui, one of the first registered sponsor representatives in China, has a bachelor's degree in Peking University and a member of the Investment Banking Committee of the Securities Association of China. He has more than 20 years of experience in investment banking and capital markets.

He has served as a visiting professor or EMBA teacher in many financial institutions, and has published many practical articles on investment banking in professional media. Personally founded "Chunhui Investment Bank Online" website is a widely known professional website in China's investment banking industry. Weibo account "Chunhui Investment Bank online" and wechat public number "Chunhui Investment Bank online", with a fee of 100,000 professional readers.

He is the author of "A Book to See the IPO: Analysis of the full flow of Registered IPO" (2023), "Ten lessons in Investment Banking: From Rookie to Capital Banker" (2020), "A book to See through IPO: In-depth Analysis of the whole process of AIPO" (2018). He is also a leading member of the editorial team of China's Investment Banking, Theoretical and Practical Inter-Market Traders Association (Part I, Part II) (2019).