Legal analysis: Equity investment fund companies are private equity investment fund companies. Its registration requirements include a registered capital of more than RMB 1000 million, two risk compliance personnel, a self-raised product scale of more than RMB 1 000 million, and no illegal records for three consecutive years.

Legal basis: Article 7 of the Measures for the Administration of Financial Asset Investment Companies shall meet the following conditions:

(1) It has articles of association that conform to the Company Law of People's Republic of China (PRC) and the provisions of the State Council Banking Regulatory Authority;

(2) Having shareholders and registered capital that meet the requirements of these Measures;

(3) Having directors, senior managers and qualified employees who are familiar with the business;

(4) Establishing an effective corporate governance, internal control and risk management system, and having an information technology system suitable for business operation.

(5) Having business premises, safety precautions and other facilities suitable for business operation;

(6) Other prudential conditions as stipulated in the rules and regulations of the State Council Banking Regulatory Authority.