According to statistics released by the Merger and Reorganization Committee of China Securities Regulatory Commission (CSRC), in the first half of 2015, applications for merger and reorganization filed by 145 listed companies were reviewed by the Committee, and 132 of which were approved. Grandall Law Firm took the first position and maintained its advantage in the field by acting as legal counsel for 19 out of 132 companies (Shanghai Office served for 9 companies, Hangzhou Office for 5 companies, Shenzhen Office for 2 companies, and Beijing Office, Nanning Office and Nanjing Office for 1 company, respectively).