hello. The fund qualification applied for before is valid. Before the reform, the qualification examination subjects were composed of basic subjects and professional subjects. The basic subject was Basic Knowledge of Securities Market, and the professional subjects included Securities Trading, Securities Issuance and Underwriting, Securities Investment Analysis and Securities Investment Fund. After the reform, the subject examination of Securities Investment Fund has been transferred to asset management association of china. Candidates who have participated in the qualification examination organized by the Securities Industry Association, passed the examination of Securities Investment Fund, Securities Market Basis or Basic Knowledge of Fund Sales, and passed the examination, will be recognized by the Fund Industry Association before July 1, 217 according to the principle of long-term validity of the results of the Securities Industry Association. After July 1, 217, the results will be limited by the validity period of four years.

After passing the securities qualification examination, you can apply for relevant qualifications for fund business:

1. Those who have passed the Securities Investment Fund organized by the Securities Industry Association and have worked in relevant institutions can apply for fund sales business qualifications;

2. Those who have passed the Securities Investment Fund and the Securities Market Foundation organized by the Securities Industry Association and have worked in relevant institutions may apply for the qualification of fund practice;

3. Those who have passed the Securities Investment Fund organized by the Securities Industry Association, passed the first subject of the fund industry association: fund laws and regulations, professional ethics and business norms, and have worked in relevant institutions can apply for the qualification of fund practice.

after July 1st, 217, the examination results of the above subjects will be implemented in accordance with the four-year validity period (four-year validity period means that the first subject has passed within four years). Those who have not applied to the fund industry association for registration qualification through their institutions for more than four years need to retake the examination in two subjects (subject 1: fund laws and regulations, professional ethics and business norms, and subject 2: basic knowledge of securities investment funds) or make up the required follow-up training hours in the last two years.