From June 28 to June 29, the 2025 Listed Companies Forum was held in Wenzhou. Zhang Xiaohong, president of Wenzhou Business School and senior partner of AllBright Law Firm, said at the forum that it is proposed to increase the proportion of direct financing. At the same time, the market environment is further optimized, venture capital exit paths are broadened, reliance on a single IPO exit method is reduced, and diversified exit methods such as the M&A market are encouraged.

From June 28 to June 29, the 2025 Listed Companies Forum was held in Wenzhou. Zhang Xiaohong, president of Wenzhou Business School and senior partner of AllBright Law Firm, said at the forum that it is proposed to increase the proportion of direct financing. At the same time, the market environment is further optimized, venture capital exit paths are broadened, reliance on a single IPO exit method is reduced, and diversified exit methods such as the M&A market are encouraged.