The fund company is 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. People usually refer to funds mainly as securities investment funds.

After the establishment of the fund company, the main task is the issuance and management of the fund. Fund management business refers to the investment and operation of fund assets by fund management companies according to their professional investment knowledge and experience, which is the most basic business of fund management companies. As a fund manager, the most important duty of a fund management company is to organize investment professionals, formulate the portfolio strategy of fund assets, select investment targets and decide the investment opportunity, quantity and price according to the provisions of the fund contract or fund articles of association.