To apply for the establishment of a futures company, the shareholders shall have the legal person status of China, and the shareholders holding more than 5% of the shares shall meet the following conditions:
(1) Its paid-in capital and net assets are not less than 30 million yuan, it has been operating continuously for more than two complete fiscal years, and it has made profits for at least 65,438+0 fiscal years in the last two fiscal years; 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.
(4) 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) Not being put on file for investigation by the competent authority or taking compulsory measures due to suspected illegal business operations.
(7) Being a shareholder or actual controller of a financial institution, or being a controlling shareholder or actual controller of a listed company in the last three years, and having no dishonest behaviors such as abusing shareholders' rights and evading shareholders' obligations.
(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expired for more than 2 years; The qualification of a senior manager or practitioner of securities and futures has not been revoked, or it has been more than 2 years since the date of revocation; There are no circumstances listed in the first paragraph of Article 147 of the Company Law.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.