With the dual stimulus of Bullish policies and the demand for New energy vehicles, the Charging Industry has sparked a wave of IPOs. Companies like Star Charging and Zhida Technology are racing for IPOs, and Telepower has also planned a spin-off IPO. This series of actions shows that charging companies are full of expectations for entering the Capital Markets. After interviewing multiple sources, the consensus within the industry is that the current Capital Markets are imposing increasingly strict requirements on the IPOs of companies related to the Charging Industry. This is mainly due to the inherent issues of the Charging Station industry, such as large investments, long payback periods, and low utilization rates, as well as the profitability difficulties faced by industry participants. The Capital Markets hope to ensure the profitability and market competitiveness of listed companies through stricter requirements.