Legal requirements for fund product design. To apply for fund raising in accordance with the "Securities Investment Fund Operation and Management Measures", the fund to be raised should meet the following conditions: (1) Have a clear and legal investment direction; (2) Have Clear fund operation methods; (3) Comply with the China Securities Regulatory Commission’s regulations on fund types; (4) Not identical with funds already managed by the proposed fund manager; (5) Draft legal documents such as fund contracts and prospectuses comply with laws and Administrative regulations and provisions of the China Securities Regulatory Commission; (6) The fund name indicates the category and investment characteristics of the fund, and does not contain content that harms national interests, social public interests, defrauds or misleads investors, or otherwise infringes on the legitimate rights and interests of others; (7) Other conditions specified by the China Securities Regulatory Commission in accordance with the principles of prudential supervision.