1. Having articles of association that meet the requirements of the Company Law;
2. The registered capital is not less than 1 100 million yuan;
3. The number of personnel who have obtained the qualification for fund practice has reached a quorum;
4. It has a good internal governance structure and risk control system.
Legal basis: Article 13 of People's Republic of China (PRC) Securities Investment Fund Law.
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;
(7) Good internal governance structure, perfect internal audit monitoring system and risk control system.