30%。 As a part of the qualification examination system for securities practitioners, the fund qualification examination has been organized and implemented by China Securities Association since 2003. According to the passing rate announced by the fund industry association, the overall passing rate of subject 1 laws and regulations is 70%, subject 3 private placement is 30% to 50%, and subject 2 public offering is the most difficult, with 30%. So the overall pass rate is 30%.