Offline placement of new shares has always been an important source for public equity institutions to increase portfolio income. As Class A investors who enjoy priority placement, public funding institutions actively participate in it. According to data from the Public Placement Ranking Network, as of September 20, 2026, a total of 125 public funding institutions participated in the offline placement of 59 IPOs listed during the year, receiving a total allocation amount of 33.875 billion yuan.

Offline placement of new shares has always been an important source for public equity institutions to increase portfolio income. As Class A investors who enjoy priority placement, public funding institutions actively participate in it. According to data from the Public Placement Ranking Network, as of September 20, 2026, a total of 125 public funding institutions participated in the offline placement of 59 IPOs listed during the year, receiving a total allocation amount of 33.875 billion yuan.