China’s securities regulator on Tuesday approved nine initial public offerings, the second batch under new listing rules that are expected to pave the way for a registration-based IPO system.

Four companies - Qianhe Condiment and Food, Zhejiang Starry Pharmaceutical, Jinhui Liquor and Tibet Huayu Mining - will list on the Shanghai Stock Exchange, according to a statement published on the official microblog of the China Securities Regulatory Commission.