Venture capital started late in China, and is subject to many restrictions. As one of the earliest Chinese law firms in this field, Yulan & Partners is enriched with a solid theoretical foundation and abundant practical experiences in legal services with respect to venture investment. Besides, as a perennial legal counsel of the Shanghai Ventures Management Co., Ltd., Yulan & Partners has kept a long involvement in the practice of venture investment in Shanghai, having provided legal services for more than 30 subordinate enterprises of the Shanghai Ventures Management Co., Ltd.