Securities Compliance

• Participated in the first securities administrative settlement case in China

• Participated in the first over-the-counter placement penalty case in China

• Participated in one of the first cases of ETF manipulation in the securities market in China

• Participated in the first case of securities market manipulation by market makers in NEEQ in China

• Represented dozens of listed companies and their directors, supervisors, and executives in response to administrative investigations, administrative penalty hearings, administrative reviews, and disciplinary hearings for alleged information disclosure violations

• Represented several fund companies, investment companies, trust companies, dozens of directors, supervisors, and executives of listed companies, fund managers, and investors in response to administrative investigations, administrative penalty hearings, and administrative reviews for alleged insider trading and use of undisclosed information

• Represented dozens of securities market participants in response to administrative investigations, administrative penalty hearings, and administrative reviews for alleged manipulation of the securities market

• Represented several securities companies and accounting firms in response to administrative investigations and administrative penalty hearings for alleged failure to exercise due diligence

Securities Crime

• Provided several directors, supervisors, and executives of listed companies with legal services for alleged crime of illegal disclosure or concealment of important information

• Provided several directors, supervisors, and executives of listed companies with legal services for alleged crime of impairing interests of listed companies

• Provided many investors with legal services for alleged crime of insider trading

• Provided many investors with legal services for alleged crime of securities market manipulation

• Provided many fund managers with legal services for alleged crime of fund rat trading

Securities Litigation

• Acted in the first securities misrepresentation litigation model judgment case in China

• Acted in the first bond misrepresentation representative litigation in China

• Acted in the first ABS securities misrepresentation case in China

• Acted in the first securities misrepresentation case involving private offering in China

• Acted in the first securities misrepresentation case in China where the proportion of non-systematic risk factors were quantified and disproportional risk factors excluded

• Acted in the first securities misrepresentation case in China where a director of a listed company was exonerated from civil liability after facing administrative penalties

• Acted in the first share repurchase and securities misrepresentation litigation in China arising from the delisting of a listed company for fraudulent issuance

• Acted in a securities misrepresentation case in China where for the first time a securities company acting as a sponsor and independent financial advisor was exempted from civil liability

• Acting in the first securities misrepresentation case in China where bond rating agencies were involved in private placement bond offering (pending)

• Acting in a securities misrepresentation case in China where for the first time the court proactively applied the "representative actions with an indefinite number of persons" procedure to solicit investors after the implementation of the new Securities Law (pending)

• Represented dozens of listed companies and their directors, supervisors and executives, securities companies, accounting firms, and rating agencies in civil claims for securities misrepresentation

Corporate Litigation

• Acted in the first case in China where shareholders' rights were restricted for their failure to make capital contributions, which was selected as a guiding case by the Supreme People's Court

• Acted in a guiding case in which the court applied the denial of corporate personality to hold shareholders jointly and severally liable for the debts of a company prior to the implementation of the Company Law in 2005

• Represented dozens of group companies and listed companies in corporate control disputes, M&A disputes, valuation adjustment mechanism disputes, and other cases

• Represented dozens of companies in disputes over the validity of corporate resolutions, distribution of corporate surplus, transfer of equity interests, proxy holding of equity interests, confirmation of shareholders' qualifications, and infringement by management