For fund shares to be listed and traded, the conditions that must be met are:

1. Fund raising must comply with relevant laws and regulations.

2. The term of the fund contract should be more than 5 years.

3. The amount raised by the fund shall not be less than RMB 200 million.

4. The number of fund share holders should be no less than 1,000.

5. Other conditions stipulated in the listing and trading rules of fund shares must also be met.

What approval is required for the establishment of a fund management company?

The establishment of a fund management company must be approved by the China Securities Regulatory Commission. To establish a fund management company, you need to meet the requirements for shareholder qualifications, company articles of association, registered capital, employee qualifications, internal control, organizational structure, and business premises in the Securities Investment Fund Law and the Administrative Measures for Securities Investment Fund Management Companies formulated by the China Securities Regulatory Commission. and other conditions. At the same time, companies applying to establish a fund management company must submit a written application to the China Securities Regulatory Commission.

These regulations are designed to ensure that fund management companies established can operate within a compliant and transparent framework and provide investors with safe and reliable asset management services. When choosing a fund management company, investors should ensure that the company they choose has been approved by the China Securities Regulatory Commission and has the qualifications and capabilities to meet regulatory requirements.