BEIJING - China's top securities regulator has approved the registration for the initial public offerings (IPOs) of three companies on the ChiNext, China's Nasdaq-style board of growth enterprises.

China introduced a series of measures in June to replace the approval-based IPO system with a registration-based one on the ChiNext

Guanglian Aviation Industry Co, Ltd, Beijing Topnew Info&Tech Co, Ltd and Zhejiang Songyuan Automotive Safety Systems Co, Ltd, will be listed on the Shenzhen Stock Exchange's ChiNext board, the China Securities Regulatory Commission said in a statement.

The companies and their underwriters will confirm the IPO dates and publish respective prospectuses following discussions with the stock exchange.

China introduced a series of measures in June to replace the approval-based IPO system with a registration-based one on the ChiNext. 

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