(1) Shareholders meet the requirements of the Securities Investment Fund Law and these Measures;

(2) Having articles of association that conform to the Securities Investment Fund Law, the Enterprise Law and the norms of the China Securities Regulatory Commission.

(3) The registered capital is not less than 30 million yuan, and the shareholders must make capital contributions in cash, and the overseas shareholders make capital contributions in freely convertible currencies;

(4) There are not less than 65,438+05 senior managers and business personnel who meet the requirements of laws, administrative regulations and the China Securities Regulatory Commission, as well as personnel engaged in research, investment, valuation, marketing, etc., and have the qualifications for fund practice;

(5) Having business premises, safety precautions and other business-related facilities that meet the requirements;

(6) Setting up organizations and posts with reasonable division of labor and clear responsibilities;

(7) Having internal control systems such as supervision, auditing and crisis control that conform to the norms of the China Securities Regulatory Commission;

(8) Other conditions approved by the State Council and regulated by China Securities Regulatory Commission.

The application for the establishment of a fund management enterprise shall meet the corresponding conditions and be approved by the China Securities Regulatory Commission. The workflow of application review includes five links: on-site inspection, opinions issued by industry supervision (self-discipline management) departments, material acceptance, feedback and qualification examination and approval.

Eligible asset management institutions shall make good preparations in accordance with relevant requirements, and submit an application for on-site inspection to the local securities regulatory bureau after the preparatory work is basically ready. After the on-site inspection is qualified, the industry supervision (self-discipline management) department will issue supervision opinions on the application for the qualification of the institution's public offering fund management business. With the supervision letter issued by the industry supervision (self-discipline management) department, the institution formally submitted an application to the China Securities Regulatory Commission for the management of public offering funds. After receiving the application materials, the China Securities Regulatory Commission shall approve them if they meet the relevant conditions.