Specific customer asset management plan: fund management companies can handle specific customer asset management business for a single customer (commonly known as "one-to-one" business) or for specific customers (commonly known as "one-to-many" business). If a fund management company handles the asset management business of a specific customer for a single customer, the initial assets entrusted by the customer shall not be less than 50 million yuan. Handling customer-specific asset management business for specific customers is an asset management business that raises funds from more than two specific customers, or accepts assets entrusted by more than two specific customers as asset managers, and takes commercial banks as asset custodians, and collects their entrusted assets in specific accounts to conduct securities investment activities for the benefit of asset customers. A fund management company engaged in asset management business for specific customers of multiple customers shall sell asset management plans to qualified specific customers. Qualified specific customers refer to natural persons, legal persons, legally established organizations or other specific customers recognized by China Securities Regulatory Commission. The initial amount of entrusted investment in a single asset management plan is not less than RMB 654.38+0 million, and they can identify, judge and bear the corresponding investment risks. The number of clients of a single asset management plan shall not exceed 200, and the total initial assets entrusted by clients shall not be less than RMB 30 million, unless otherwise stipulated by the China Securities Regulatory Commission.