On the afternoon of April 24, 2020, hosted by Qianhai Wutong M&A Fund, a series of lectures on "Capital Fission Training Camp" was held at Spruce Medical on the fourth floor of Taiping Financial Building Legal Due Diligence and Corporate Structure Construction" as the theme of "exchange and discussion with the participants", the event attracted nearly 50 representatives from many investment institutions such as Spruce Medical and Qianhai Wutong Fund, as well as the founders of start-up SMEs in various industries such as economic and trade logistics, medical management, and biotechnology.

In the lecture, Mr. Li Kejun first introduced the basic concepts, main contents and importance of legal due diligence, and how start-ups deal with investors' due diligence. Subsequently, Mr. Li Kejun introduced the key points and specific operation guidelines for legal risk prevention of SMEs in the financing process from the aspects of confidentiality agreement signing, identification of genuine and fake investment institutions, and reverse investigation of investment institutions. Starting from the construction of financing structure, Mr. Li introduced the financing structure construction cases of some well-known domestic companies and the key points and precautions of financing structure construction. Finally, based on his years of experience in handling cases, Mr. Li Kejun introduced to the guests the important role played by lawyers in the construction of SME equity structure, business compliance, internal legal risk prevention and legal investigation of SME financing, and suggested that start-up SMEs should attach importance to the role of lawyers, try to improve the company's internal control system in the early stage of entrepreneurship, operate in compliance, and avoid potential legal risks as much as possible.

During the nearly two-hour exchange, Mr. Li Kejun gave a lecture, which enabled the guests to strengthen their understanding of improving the internal control system of enterprises and financing legal due diligence, and also let everyone realize the important role of lawyers in the legal risk prevention of start-up financing.