Translator：Xiong Yajie

【Introduction to Investor Services Center】

China Securities Investor Services Center (referred to as "Investor Services Center") is a non-profit financial institution approved by the China Securities Regulatory Commission and directly administered. It was registered with the State Administration for Market Regulation and was incorporated in Shanghai on December 5, 2014.

The Investor Services Center is a corporation. The shareholders are Shanghai Stock Exchange, Shenzhen Stock Exchange, Shanghai Futures Exchange, China Financial Futures Exchange and China Securities Depository and Clearing Corporation Limited.

The establishment of the China Securities Investor Services Center is an Important initiatives taken by the China Securities Regulatory Commission to improve regulatory policies, enrich the investor protection system, and effectively strengthen the protection of the legitimate rights and interests of small and medium investors and also an important symbol of the legalization and maturity of the national capital market.

On December 28, 2018, the China Securities Investor Services Center (referred to as "Investment Service Center") held the 2018 Pro Bono Lawyer Symposium in Shanghai. Yong Huang, Deputy General Manager of Investor Service Center, Weifeng Yu, Chairman of Shanghai Bar Association, Jianjun Guan, Vice President of Shanghai Bar Association, Suhua Shan, President of the FirstComprehensive Trial Tribunal of Shanghai Financial Court, and nearly 80 Pro Bono lawyers from all over the country participated this meeting. 

The lawyer from Landing Law Offices joined the team of Pro Bono lawyers. Lawyer Xiao Xu was hired as a Pro Bono lawyer. The symposium was rich in content and in-depth in discussion. At the meeting, relevant personnel from the Investor Services Center, Shanghai Bar Association and the Financial Court introduced to Pro Bono lawyers the development of software of supporting litigation work, the promotion of demonstration judgment mechanisms, and loss calculation. The Investor Services Center commended Pro Bono lawyers who actively participated in investor protection work, and the Pro Bono lawyers honored shared their experience in handling cases. The participants had a full discussion on issues such as the future development direction of securities-backed litigation.

Yong Huang, deputy general manager of the Investor Services Center, introduced to the participants the situation of the securities-backed litigation work of the Investor Service Center. He pointed out that securities-backed litigation has increasingly become a tool for small and medium-sized investors to protect their rights, and the litigation-support business has gradually reflected the characteristics of exploring a new business model of "supporting litigation + demonstration judgment", developing loss calculation tools, and increasing types of cases. During this process, Pro Bono lawyers fully participate in public services in the securities field, and provide professional assistance for small-sized investors in safeguarding their rights with public welfare feeling.

Lawyer Weifeng Yu, Chairman of the Shanghai Bar Association, introduced the background, process and future prospects of the cooperation between the Shanghai Bar Association and the Investor Services Center. Suhua Shan, President of the First Comprehensive Trial Tribunal of Shanghai Financial Court, gave a comprehensive explanation of the practical needs and overall concept of establishing a model judgment mechanism. The staff of the Investor Services Center introduced to the participants the progress of the software for the calculation of civil compensation losses for securities false statements, focusing on the characteristics of modularization, intelligence, big data analysis, scalability and confidentiality, and conducted on-site demonstrations for individual cases.

It is the common vision of the Investor Services Center and Pro Bono lawyers to fully participate in the public services in the field of securities, to provide professional help for the "small-sized investors" rights protection, to play a role in the protection and relief of the majority of small and medium-sized investors, and to jointly create a new chapter of investor protection with more Chinese characteristics and more down-to-earth. The securities misrepresentation claim team of Landing Law Offices will work with the Investor Services center, not forgetting the original intention, forge ahead, and contribute their strength in model judgments, securities support litigation, etc.