Looking at the situation so far this year, according to statistics compiled by Yicai based on exchange data, the three major exchanges have held a total of 30 listing committee review meetings year-to-date, including 16 at the Beijing Stock Exchange, 6 at the Shanghai Stock Exchange, and 8 at the Shenzhen Stock Exchange. A total of 24 companies seeking initial public offerings were reviewed, with only two companies having their votes deferred; all others passed, resulting in an approval rate exceeding 90%. (Yicai)