Legal analysis: Qualified investors who raise funds refer to units and individuals with corresponding risk identification ability and risk-taking ability, and the investment amount of a single private equity fund is not less than 6.5438+0 million yuan and meets the following relevant standards: units with net assets of not less than 6.5438+0 million yuan; Individuals whose financial assets are not less than 3 million yuan or whose average annual income in the last three years is not less than 500,000 yuan. Financial assets include bank deposits, stocks, bonds, fund shares, asset management plans, bank wealth management products, trust plans, insurance products, futures rights and interests, etc. The following investors are regarded as qualified investors: pension funds such as social security funds and enterprise annuities, and social welfare funds such as charitable funds; Investment plans established according to law and filed with fund industry associations; Private fund managers and their employees who invest in the private funds they manage; Other investors as stipulated by China Securities Regulatory Commission.

Legal basis: Article 29 of the Securities Law of People's Republic of China (PRC). When underwriting securities, a securities company shall verify the authenticity, accuracy and completeness of the public offering documents. If false records, misleading statements or major omissions are found, sales activities shall not be carried out; If it has been sold, it must immediately stop the sales activities and take corrective measures. When underwriting securities, a securities company shall not commit the following acts: (1) engaging in false or misleading advertisements or other promotional activities; (2) soliciting underwriting business by means of unfair competition; (three) other acts in violation of the provisions of securities underwriting business. If a securities company commits the acts listed in the preceding paragraph and causes losses to other securities underwriting institutions or investors, it shall be liable for compensation according to law.