The main differences between contract funds and corporate funds are as follows: \x0d\ 1. The legal basis is different. The foundation of corporate fund is company law, contractual fund is established according to fund contract, and trust law is its legal basis. \x0d\ 2。 The legal personality of fund property is different. Corporate funds have legal personality, while contractual funds do not. \x0d\ 3。 The certificates issued are different. Share of rights and interests issued by corporate funds and beneficiary certificates issued by contractual funds (fund units). \x0d\ 4。 The status of investors is different. As the shareholders of the company, the capital contributors of the company have the right to express their opinions on the major decisions of the company, attend the shareholders' meeting and exercise the shareholders' rights. Investors of contractual funds become the parties to the contractual relationship after purchasing beneficiary certificates, that is, beneficiaries, and cannot directly interfere with the use of funds. \x0d\ 5。 Fund assets are used on different bases. Corporate funds use fund assets according to the articles of association, and contractual funds use fund assets according to contracts. \x0d\ 6。 Financing channels are different. The company fund has the legal person qualification, and can borrow money from the bank under certain circumstances. Contractual funds generally cannot borrow money from banks. \x0d\ 7。 The fund operates in different ways. Corporate funds, like ordinary companies, are generally permanent unless they reach the bankruptcy liquidation stage stipulated in the Company Law; The contractual fund is established and operated according to the fund contract. When the contract expires, the fund operation will be terminated accordingly. The contractual fund issued by Zhongan Fund is not bad, with high participation threshold, specific issue target and obvious market advantages such as discount.