Core Viewpoint - The article discusses the regulatory actions taken by the Jiangsu Securities Regulatory Bureau against Beijing Hairun Tianrui Law Firm for non-compliance during the IPO legal services for Zhongjian Technology Co., Ltd. [2][5][6] Group 1: Regulatory Issues - The law firm failed to follow proper verification procedures, neglecting the reliability of information and lacking signatures from responsible lawyers on key documents [5][6] - Work papers were inadequately prepared, with some investigation records lacking signatures from relevant individuals and missing essential details such as source identification and page numbering [5][6] - The legal opinion letter issued by the firm was incomplete, lacking necessary factual materials and essential content in the declaration section [5][6] Group 2: Compliance Violations - The actions of the law firm violated several provisions of the "Regulations on Securities Legal Services by Law Firms" and the "Management Measures for Law Firms Engaging in Securities Legal Business" [6] - The Jiangsu Securities Regulatory Bureau has mandated the law firm to rectify these issues and submit a written report within one month of receiving the decision [6] Group 3: Company Background - Zhongjian Technology Co., Ltd. was listed on the Growth Enterprise Market on May 16, 2019, with Everbright Securities as the sponsor and Beijing Hairun Law Firm as the legal service provider [6]

Group 1 - The Shanxi, Hunan, and Yunnan Securities Regulatory Bureaus announced the random selection results for on-site inspections of law firms engaged in securities legal services for the year 2025 [1][2][3] - Shanxi Securities Regulatory Bureau selected Shanxi Ningfeng Law Firm and Shanxi Huaju Law Firm for on-site inspections, with the inspection personnel listed [2][4] - Hunan Securities Regulatory Bureau will conduct a special inspection on Hunan Qiyuan Law Firm regarding the project of acquiring 51% equity of Yongda Co., Ltd. from Jiangsu Jinyuan High-end Equipment Co., Ltd. [4] - Yunnan Securities Regulatory Bureau randomly selected two law firms for on-site inspections related to securities legal services, including projects involving Yunnan Energy Investment Co., Ltd. and Yunnan Provincial Energy Investment Group Co., Ltd. [4]

Group 1 - The event "5.15-5.19 Small Investor Protection Publicity Week" was officially launched, aimed at enhancing investor protection awareness [1] - Securities lawyers play a dual role as "gatekeepers" and "trustees" in the capital market, ensuring the authenticity and completeness of documents while assisting issuers in compliance [4] - The emergence of securities rights protection lawyers has improved the environment for investor claims, with better compensation responses due to advancements in loss assessment methods and judicial maturity [5] Group 2 - Collaboration between securities lawyers and organizations like the China Securities Investor Service Center has led to successful mediation of investor disputes, demonstrating a balance of interests [5] - The increasing emphasis on the right to defense by regulatory bodies has resulted in a growing number of cases where defendants' opinions are considered, indicating a potential for greater involvement of securities lawyers in regulatory processes [5] - The commitment of securities lawyers to diligent work is seen as a significant effort towards investor protection [6]