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What is fundraising?
Fund raising refers to the behavior that fund managers submit application documents, sell fund shares and raise fund funds to China Securities Regulatory Commission in accordance with relevant regulations. The raised funds are managed by the fund manager and managed by the fund custodian in accordance with the regulations.

According to the provisions of the People's Republic of China (PRC) Securities Investment Fund Law, the fund manager shall submit an application report, a draft fund contract, a draft fund custody agreement, a draft prospectus, a legal opinion issued by a law firm and other documents required by the the State Council securities regulatory agency to the the State Council securities regulatory agency.