The overall approval rate for A-share IPOs this year exceeds 90%.

From the situation within the year, according to statistics from First Financial, the three major exchanges have held a total of 30 listing committee meetings from the beginning of the year until now, including 16 meetings at the Beijing Stock Exchange, 6 meetings at the Shanghai Stock Exchange, and 8 meetings at the Shenzhen Stock Exchange. A total of 24 companies applying for initial public offerings have been reviewed, with only 2 companies having their votes temporarily postponed. The rest have all been approved, with an approval rate of over ninety percent.