Legal analysis: Securities business license, securities investment consulting business qualification certificate, overseas stock business qualification certificate, securities investment business license of qualified foreign institutional investors, securities investment business license, fund management qualification certificate, asset management qualification certificate of specific customers, fund sales business qualification certificate and futures business license issued by China Securities Regulatory Commission and its dispatched offices.

Legal basis: Article 2 of the Administrative Licensing Law of People's Republic of China (PRC) The term "administrative licensing" as mentioned in this Law refers to the act that an administrative organ authorizes a citizen, a legal person or any other organization to engage in a specific activity upon application and legal examination.