According to Article 6 of the Interim Measures for the Administration of Securities and Futures Investment Consulting, an institution applying for securities investment consulting qualification shall meet the following conditions: 1. The institution engaged in securities investment consulting business has more than five full-time personnel who have obtained securities investment consulting qualifications; At the same time, the institutions engaged in securities and futures investment consulting business have more than ten full-time personnel who have obtained securities investment consulting qualifications; At least one senior manager has obtained the qualification of securities investment consulting.

2. The registered capital is more than 654.38 million yuan.

3. Having a fixed business place and communication and other information transmission facilities suitable for the business.

4. There are articles of association.

5. Have a sound internal management system.

6. Other conditions that meet the requirements of China Securities Regulatory Commission.

Securities investment consulting institutions can be divided into franchising and part-time operation. Institutions engaged in securities business and other consulting business may apply to run securities investment consulting business concurrently if they meet the above conditions.