Just take one exam next time. The scores are valid for four years. It is enough to pass both subjects within four years.

After passing the subject one and subject two exams, you can apply to the Fund Industry Association for registered fund practitioner qualifications through your institution within four years. If you have not applied for a registered fund practitioner qualification through an institution for more than four years, you need to retake the practitioner qualification examination or make up for the required follow-up training hours in the last two years before registration. Personnel who have obtained fund practitioner qualifications must complete 15 hours of follow-up training every year in accordance with relevant regulations, and pass the annual professional qualification review organized by the association through their institution as required.

Those who have passed the "Securities Investment Fund" subject examination organized by the Securities Industry Association, and passed subject one of the Asset Management Association within four years, can apply to the Asset Management Association for registered fund practitioner qualifications through their institutions. If you have failed to pass subject one of the Fund Industry Association for more than four years, you need to retake subject one and two of the Fund Industry Association. After passing the exam, you can apply to the Fund Industry Association for registered fund practitioner qualifications through your institution.

In order to ensure a smooth transition to the Fund Practitioner Qualification Examination, from the date of issuance of this notice to July 1, 2017, the "Securities Investment Funds", "Securities Market Fundamentals" and "Securities Market Fundamentals" organized by the Securities Industry Association will be recognized. Those who pass the above-mentioned examination subjects can apply to the Fund Industry Association for registered fund practitioner qualifications or fund sales qualifications through their institutions.