the business scope is approved as: investment, investment management and consulting of non-securities business.

Private equity funds are funds engaged in private equity investment. The conditions for the establishment of a fund-based enterprise are as follows: 1. The name shall conform to the Regulations on the Administration of Name Registration, and the words "investment fund" are allowed to be used in the names of investment enterprises that have reached the scale. 2. The words "venture capital fund, venture capital fund, equity investment fund and investment fund" can be used in the industrial terms in the name. 3. Fund type: the registered capital of the investment fund company is not less than 5 million yuan, all of which are contributed in monetary form, and the paid-in capital at the time of establishment is not less than 1 million yuan; Within five years, the registered capital is fully in place in accordance with the company's articles of association. " 4. The investment of a single investor shall not be less than 1 million yuan. 5. At least 3 senior executives have experience in the management and operation of equity investment funds or related business experience. 6. The business scope of fund enterprises is approved as: investment, investment management and consulting of non-securities business.

A fund company refers to an enterprise legal person established in China with the approval of China Securities Regulatory Commission and engaged in the management of securities investment funds. The board of directors of the company is the highest authority of the fund company. The promoters of fund companies are institutions engaged in securities business, securities investment consulting, trust asset management or other financial asset management. What people usually say about funds mainly refers to securities investment funds.