Special fund account financing refers to the activities of fund management companies to raise funds from specific customers or accept property entrusted by specific customers as asset managers and commercial banks as asset custodians. For the benefit of the asset trustor, the entrusted property is used for securities investment.

The financial objects of special account financing are mainly large and medium-sized enterprises and high-end individual investors. According to investors' personalized financial objectives, risk tolerance and target rate of return, products can be tailored to meet the specific needs of customers.

In the Pilot Measures for Asset Management Business of Specific Clients of Fund Management Companies:

Article 9 Where a specific asset management business is handled for a single customer, the initial assets entrusted by the customer shall not be less than RMB 30 million, unless otherwise stipulated by the China Securities Regulatory Commission.

Article 10 Where a fund management company handles specific asset management business for multiple clients, it shall sell multiple client asset management plans (hereinafter referred to as asset management plans) to qualified specific clients.

The qualified specific customers mentioned in the preceding paragraph refer to natural persons, legal persons, legally established organizations or other specific customers who are entrusted to invest in a single asset management plan with an initial amount of not less than 6.5438+0 million yuan and can identify, judge and bear the corresponding investment risks.