The paid-in capital or paid-in capital contribution shall not be less than RMB 654.38+million. A fund manager who meets the following conditions shall apply to the fund industry association for registration: (1) paid-in capital or paid-in capital contribution of not less than RMB 6,543,800,000; (2) Among the products raised and managed by itself or managed by other institutions, the scale of investment in publicly issued shares, bonds and fund shares of joint stock limited companies and other securities and their derivatives as stipulated by the China Securities Regulatory Commission is more than 6,543.8 billion yuan; (3) Having two qualified licensed persons in charge and one person in charge of compliance risk control; (4) It has a good social reputation, has no record of illegal acts in the last three years, and has no record of bad faith in financial supervision, industry and commerce, taxation and other administrative organs, commercial banks, self-discipline management and other institutions. Equity investment management institutions and venture capital management institutions that meet the registration conditions shall apply to the fund industry association for registration. Article 6 of the Interim Measures for the Administration of Private Investment Funds shall apply to the fund industry association for registration if the fund manager meets the following conditions: (1) The paid-in capital or paid-in capital contribution shall not be less than RMB 6,543,800+million; (2) Among the products raised and managed by itself or managed by other institutions, the scale of investment in publicly issued shares, bonds and fund shares of joint stock limited companies and other securities and their derivatives as stipulated by the China Securities Regulatory Commission is more than 6,543.8 billion yuan; (3) Having two qualified licensed persons in charge and one person in charge of compliance risk control; (4) It has a good social reputation, has no record of illegal acts in the last three years, and has no record of bad faith in financial supervision, industry and commerce, taxation and other administrative organs, commercial banks, self-discipline management and other institutions. Equity investment management institutions and venture capital management institutions that meet the registration conditions shall apply to the fund industry association for registration.