Legal basis: Article 6 of the Interim Measures for the Administration of Private Investment Funds A fund manager who meets the following conditions shall apply to the fund industry association for registration:
1. The paid-in capital or paid-in capital contribution shall not be less than RMB 654.38+million;
2. Among the products raised and managed by itself or managed by other institutions, the scale of investment in publicly issued shares, bonds and fund shares of joint stock limited companies and other securities and their derivatives stipulated by China Securities Regulatory Commission is more than 6,543.80 billion yuan;
3. There are two qualified licensed principals and one compliance risk control principal;
4. It has a good social reputation, has no record of illegal acts in the last three years, and has no bad credit record in financial supervision, industry and commerce, taxation and other administrative organs, commercial banks, self-discipline management and other institutions. Equity investment management institutions and venture capital management institutions that meet the registration conditions shall apply to the fund industry association for registration.
Liu Lirong¡¯s media interview