Conditions for the establishment of a private fund management company: 1. The name shall conform to the Regulations on the Administration of Name Registration, and the words "investment fund" are allowed to be used in the names of investment enterprises that have reached the scale. 2. The words "venture capital fund, venture capital fund and equity investment fund" in industry terminology can be used in the name. 3. Except the enterprises decided by the State Council, the names of enterprises shall not be prefixed with the words "China", "China", "country", "nationality" and "international". 4. The registered capital (capital contribution) of the fund management company shall be no less than RMB 30 million, all of which are contributed in cash, and the paid-in capital (capital contribution) shall be no less than RMB 30 million when it is established. 5. The registered capital (capital contribution) of the fund-type enterprise shall be no less than 500 million yuan, all of which shall be in cash, and the paid-in capital (capital contribution) shall be no less than 1 100 million yuan when it is established; Pay in full the registered capital in accordance with the articles of association (partnership agreement) within 5 years. 6. The business scope of the fund company is approved as: non-securities business investment, investment management and consulting. However, they may not engage in the following businesses: issuing loans; Raise funds in an open way; Provide guarantees to enterprises other than the invested enterprises. 7. At least 3 senior managers with experience in the management and operation of equity investment funds or related business experience shall be equipped. Article 134 of the Securities Law of People's Republic of China (PRC) Article 9 of the Interim Measures for the Administration of Venture Capital Enterprises

Legal objectivity:

Article 6 of the Measures for the Administration of Securities Investment Fund Management Companies The establishment of a fund management company shall meet the following conditions: (1) Shareholders meet the provisions of the Securities Investment Fund Law and these Measures; (2) Having articles of association that comply with the Securities Investment Fund Law, the Company Law and the provisions of the China Securities Regulatory Commission. (3) The registered capital shall be no less than RMB 654.38+0 billion, and the shareholders must make contributions in cash, and the overseas shareholders shall make contributions in freely convertible currencies; (4) There are no less than 65,438+05 senior managers and business personnel who meet the requirements of laws, administrative regulations and the China Securities Regulatory Commission and engage in research, investment, valuation, marketing and other work, and have obtained the qualification for fund practice; (5) Having business premises, safety precautions and other business-related facilities that meet the requirements; (6) Setting up organizations and posts with reasonable division of labor and clear responsibilities; (7) Having internal control systems such as supervision, auditing and risk control that meet the requirements of the China Securities Regulatory Commission; (8) Other conditions approved by the State Council and stipulated by the China Securities Regulatory Commission.