(2) The term of the fund contract is more than five years;

(3) The amount raised by the fund is not less than 200 million yuan;

(4) The number of fund share holders shall be no less than 1000;

(5) Other conditions stipulated in the rules for listing and trading of fund shares. The listing and trading of fund shares involves the interests of many investors and is closely related to the financial fields such as securities, and should be approved in accordance with the conditions and procedures prescribed by law. In essence, fund share is a kind of securities in a broad sense. Therefore, the provisions of this article on the examination and approval of fund share listing transactions are basically consistent with those of the Securities Law on the examination and approval of securities listing transactions.

According to relevant regulations, the approval procedures for listing of fund shares are: the fund manager submits listing application, listing announcement, fund raising application approval document, fund share sale document, fund contract, fund custody agreement, capital verification report, qualification certificates of fund manager and fund custodian, fund property custody certificate, etc. Apply to the stock exchange for listing of fund shares.

2. The stock exchange shall review the documents submitted by the fund manager, issue audit opinions on those that meet the requirements for listing and trading, draw up the time for listing and trading, and attach relevant documents, which shall be submitted to the the State Council Securities Regulatory Authority for approval.