According to the provisions of Article 8 of the Measures for the Administration of Futures Companies, to apply for the establishment of a futures company, the shareholders shall have the legal person status in China, and the shareholders holding more than 5% of the shares shall meet the following conditions: (1) The paid-in capital and net assets shall not be less than RMB 30 million, and they have been operating continuously for more than two complete accounting years, and the profits in the last two accounting years shall be at least 1 accounting year; Or the paid-in capital and net assets are not less than 200 million yuan; (2) The net assets are not less than 50% of the paid-in capital, or the contingent liabilities are less than 50% of the net assets, and there are no other risks that have a significant uncertain impact on the financial situation; (3) Accumulated foreign long-term equity investment, including investment in futures companies, shall not exceed its own net assets. (four) there is no large amount of outstanding debts due; (5) It has not been subjected to administrative punishment or criminal punishment for illegal business operations in the past three years; (6) It has not been investigated or taken compulsory measures by the competent authority for suspected illegal business operations; (7) Being a shareholder or actual controller of a financial institution in the last three years, or being a controlling shareholder or actual controller of a listed company, and not abusing shareholders' rights, evading shareholders' obligations and other dishonest acts; (8) natural person shareholders, legal representatives or senior managers have not been banned from the securities and futures market, or the ban period has expired for more than 2 years; The qualification of a senior manager or practitioner of securities and futures has not been revoked, or it has been more than 2 years since the date of revocation; There are no circumstances listed in the first paragraph of Article 147 of the Company Law; (9) There are no other circumstances that China Securities Regulatory Commission deems unsuitable for participating in futures companies according to the principle of prudent supervision.