Legal analysis: Conditions for the establishment of a fund company:

1. The registered capital (paid-in) is not less than 100 million yuan;

2. Directors, Supervisors and senior managers must have corresponding qualifications;

3. Have a venue, structure, and system that meets the requirements;

4. Other conditions for the establishment of a fund company.

Legal basis: "Securities Investment Fund Law of the People's Republic of China" Article 13 To establish a fund management company to manage publicly raised funds, it must meet the following conditions and be approved by the securities regulatory authority of the State Council :

(1) Have articles of association that comply with the provisions of this Law and the "Company Law of the People's Republic of China";

(2) The registered capital shall not be less than RMB 100 million , and must be paid-in monetary capital;

(3) The major shareholders shall have good performance in operating financial business or managing financial institutions, good financial status and social reputation, and the asset scale shall meet the standards stipulated by the State Council, There are no illegal records in the past three years;

(4) The number of persons with fund qualifications reaches a quorum;

(5) Directors, supervisors, and senior managers meet the corresponding qualifications;

(6) Have business premises, safety precautions and other facilities related to fund management business that meet the requirements;

(7) Have a good internal governance structure and complete internal Audit monitoring system and risk control system;

(8) Other conditions stipulated by laws, administrative regulations and the securities regulatory authority of the State Council approved by the State Council.