On July 27, the article “The Legal Basisand Feasibility Analysis of Subrogation Litigation for Private Equity FundInvestors - Exploring the Path for Investors to Protect Their Rights in theContext of Private Equity Thunderstorms” written by Ruohan Zhang and Ruyin Li fromHigh Mark won the second prize of the fifth Hangzhou Lawyers Forum and thefirst prize of the Securities and Capital Market Sub-forum. A total of 697papers were collected, and 2 first prizes, 4 second prizes, 5 third prizes and16 excellent papers were selected.