Article 36 of the Securities Investment Fund Law of People's Republic of China (PRC) stipulates that the fund manager shall submit the following documents to the securities regulatory authority of the State Council, which shall be approved by the securities regulatory authority of the State Council: (1) Application report; (2) Draft fund contract; (3) Draft fund custody agreement; (4) Draft prospectus; (5) Qualification documents of the fund manager and the fund custodian; (6) Financial and accounting reports of the fund manager and fund custodian audited by accounting firms in the last three years or since their establishment; (seven) legal opinions issued by the law firm; (eight) other documents required by the the State Council securities regulatory authority.