Legal analysis: A fund management company meets the following conditions: 1. Shareholders comply with the provisions of the Securities Investment Fund Law and the Measures for the Administration of Securities Investment Fund Management Companies; 2. Having articles of association that comply with the Securities Investment Fund Law, the Company Law and the provisions of the China Securities Regulatory Commission; 3. The registered capital is not less than RMB 6,543.80 billion, and the shareholders must make contributions in cash, and the overseas shareholders make contributions in freely convertible currencies; 4. There are no less than 65,438+05 senior managers and business personnel engaged in research, investment, valuation and marketing who meet the requirements of laws, administrative regulations and the China Securities Regulatory Commission, and have obtained the qualification for fund practice; 5. Having business premises, safety precautions and other business-related facilities that meet the requirements; 6. Set up organizations and posts with reasonable division of labor and clear responsibilities; 7. Having internal control systems such as supervision, auditing and risk control that meet the requirements of China Securities Regulatory Commission; 8. Other conditions stipulated by the China Securities Regulatory Commission approved by the State Council.

Legal basis: People's Republic of China (PRC) Securities Investment Fund Law.

Article 12 A fund manager shall be a legally established company or partnership.

The fund manager of a publicly offered fund shall be a fund management company or other institutions approved by the the State Council Securities Regulatory Authority in accordance with relevant regulations.

Article 13 The establishment of a fund management company to manage publicly offered funds shall meet the following conditions and be approved by the the State Council Securities Regulatory Authority:

(1) Having articles of association that conform to this Law and the Company Law of People's Republic of China (PRC);

(2) The registered capital shall not be less than 1 billion yuan, and it must be paid-in monetary capital;

(3) The major shareholder has a good performance in financial business or management of financial institutions, has a good financial status and social reputation, and its asset size meets the standards set by the State Council, and has no illegal record in the last three years;

(four) the number of personnel who have obtained the qualification for fund practice has reached a quorum;

(5) Directors, supervisors and senior managers have corresponding qualifications;

(6) Having business premises, safety precautions and other facilities related to the fund management business that meet the requirements;

(seven) has a good internal governance structure, perfect internal audit monitoring system and risk control system;

(eight) other conditions stipulated by laws and administrative regulations and the the State Council securities regulatory agency approved by the State Council.