The third party refers to a company that is neither sold by the fund company itself (direct sales) nor sold by other financial institutions (securities banks call it consignment). This institution must be approved by the CSRC before it can be sold.

An independent fund sales institution applying for the qualification of fund sales business must meet the following conditions:

(1) A limited liability company or partnership established according to law or other forms conforming to the provisions of the China Securities Regulatory Commission;

(2) Having an organization name, organization and business scope that meet the requirements;

(3) Its registered capital or contribution is not less than 20 million yuan, and it must be paid-in monetary capital;

(4) Shareholders of a limited liability company or partners of a partnership enterprise meet the provisions of these Measures;

(5) There are no major changes that have affected or may affect the normal operation of this institution, or other major events such as litigation and arbitration;

(6) The senior management personnel have obtained the qualification of fund practice, are familiar with the fund sales business, and have been engaged in fund business for more than 2 years or worked in other financial related institutions for more than 5 years;

(7) No less than 65,438+00 people have obtained the qualification for fund practice.