Article 8 of the Measures for the Administration of the Qualifications of Directors, Supervisors and Senior Managers of Futures Companies stipulates that to apply for the qualifications of independent directors, the following conditions shall be met: (1) Having more than five years of experience in financial business such as futures and securities or legal and accounting business, or having senior titles in teaching and research in related disciplines; (2) Having a bachelor's degree or above and obtaining a bachelor's degree or above; (3) Be familiar with futures laws, administrative regulations and the provisions of the China Securities Regulatory Commission, and have professional futures capabilities. (4) Having the time and energy necessary to perform their duties.