According to data from the Public Offering Ranking Network, as of July 28, a total of 24 public equity institutions have participated in the fixed share increase of 75 companies since July 28, with a total allocation amount of 38.05 billion yuan, an increase of 173.42% over the 13.9 billion yuan in the same period in 2025. Based on the closing price on July 28, the average floating profit ratio of public funding institutions participating in the fixed increase has now reached 15.9%, and more than half of these institutions have received positive returns. Although the overall earnings situation is relatively good, there has been a clear divergence in fixed income from public funding institutions since this year. According to the public offering ranking network data, out of the 75 projects mentioned above, the public offering achieved floating profits on 26 orders, of which 12 had a floating profit ratio of more than 10%. The performance of some projects in the field of technology manufacturing was outstanding, and the revenue performance of some projects was relatively limited. Industry insiders said that fixed income differentiation reflects changes in the market environment. In the past, one of the important sources of income from fixed increase investment was safety pads brought about by issuing discounts, but as market participants increase and competition for high-quality projects intensifies, the discount space is gradually narrowing.

According to data from the Public Offering Ranking Network, as of July 28, a total of 24 public equity institutions have participated in the fixed share increase of 75 companies since July 28, with a total allocation amount of 38.05 billion yuan, an increase of 173.42% over the 13.9 billion yuan in the same period in 2025. Based on the closing price on July 28, the average floating profit ratio of public funding institutions participating in the fixed increase has now reached 15.9%, and more than half of these institutions have received positive returns. Although the overall earnings situation is relatively good, there has been a clear divergence in fixed income from public funding institutions since this year. According to the public offering ranking network data, out of the 75 projects mentioned above, the public offering achieved floating profits on 26 orders, of which 12 had a floating profit ratio of more than 10%. The performance of some projects in the field of technology manufacturing was outstanding, and the revenue performance of some projects was relatively limited. Industry insiders said that fixed income differentiation reflects changes in the market environment. In the past, one of the important sources of income from fixed increase investment was safety pads brought about by issuing discounts, but as market participants increase and competition for high-quality projects intensifies, the discount space is gradually narrowing.