Legal objectivity: Article 13 of the "Securities Investment Fund Law of the People's Republic of China" establishes a fund management company to manage publicly raised funds, and must meet the following conditions and be approved by the securities regulatory authority of the State Council: (1) There must be compliance with this provision

Articles of Association stipulated in the Law and the Company Law of the People's Republic of China; (2) The registered capital shall not be less than 100 million yuan, and must be paid-in monetary capital; (3) The major shareholder shall have the ability to operate financial business or manage

The financial institution's good performance, good financial status and social reputation, its asset scale has reached the standards stipulated by the State Council, and it has no illegal records in the past three years; (4) The number of persons who have obtained fund business qualifications reaches a quorum; (5) Directors, supervisors, senior officers

Managers must have corresponding job qualifications; (6) Have business premises, safety precautions and other facilities related to fund management business that meet the requirements; (7) Have a good internal governance structure, a complete internal audit monitoring system, and risk control

system.