Choudao Equity, an online equity crowd-funding platform of Shanghai Zhongniu Network Technology Co., Ltd., was officially launched as one of the first eight equity crowd-funding agencies approved by CSRC.

A team led by Shanghai-based partner Shi Jinjuan advised on the formation of the equity crowd-funding platform. The team was responsible for drafting legal documents relevant to the platform and offering practical advice on operational risk prevention. Their diligence and care won recognition and trust from the client. As an emerging form of internet-based finance, equity crowd-funding has become one way of refinancing for businesses.