The success or failure of securities issuance often directly relates to the survival and development of an enterprise.

On April 23, 2025, the Beijing Securities Regulatory Bureau issued a warning letter to four private fund managers within its jurisdiction at one time. Among them, Beijing Ganxiang Haiquan Investment Management Co., LTD. (referred to as "Ganxiang Haiquan"), which is actually controlled by the well-known male star Hu Haiquan in the entertainment industry, was once actually controlled (although it has now withdrawn its shareholding at the industrial and commercial level).

​Suppose the target company is a limited company registered in Hong Kong, with actual business operations in Hong Kong, and a net profit of approximately 20 million yuan. It has not conducted business or established branches on the Chinese mainland (for the purpose of this article, Hong Kong, Macao and Taiwan are excluded).

On March 10, 2025, Zhou Lunjun, the deputy director of the Civil Division II of the Supreme People's Court, stated in an interview that stock false statement cases still account for the vast majority of securities disputes, indicating that cracking down on financial fraud has become an important aspect of the court's trial work.

A legal career is like an ocean of wisdom, with an unwavering heart as a guiding beacon.

On April 9, 2025, the Shanghai Bankruptcy Court released the "Shanghai Bankruptcy Court 2024 Annual Case Statistics".