Core Viewpoint - The Jilin Securities Regulatory Bureau issued a warning letter to Shanghai Jintiancheng Law Firm for non-compliance during the securities legal services for the initial public offering (IPO) of Ailian Machinery Co., Ltd. [1][2] Group 1: Compliance Issues - The law firm failed to follow proper verification procedures, including not signing interview records, not documenting on-site investigations, and not creating inquiry records, violating multiple regulations [1][5] - The legal opinion letter provided by the law firm contained only conclusive opinions without necessary factual materials, verification principles, and relevant documentation, breaching established rules [2][6] Group 2: Company IPO Details - Ailian Machinery's IPO on the Shenzhen Stock Exchange involved issuing 21.81 million shares, accounting for 25% of the post-issue total share capital, at a price of 19.08 yuan per share [2][3] - The total amount raised from the IPO was approximately 416.13 million yuan, with a net amount of about 361.78 million yuan, which was 38.87 million yuan less than the original plan [3][4] - The company incurred total issuance costs of approximately 54.35 million yuan, including underwriting and sponsorship fees of about 34.75 million yuan [4]