To apply for raising funds, the funds to be raised shall meet the following conditions: (1) There is a clear and legal investment direction. (2) There is a clear fund operation mode. (3) Comply with the regulations of China Securities Regulatory Commission on fund types. (4) Draft legal documents such as fund contract and prospectus are in compliance with laws, administrative regulations and provisions of China Securities Regulatory Commission. (5) The name of the fund indicates the type and investment characteristics of the fund, and there is no content that harms the interests of the state or society, deceives or misleads investors, or infringes on the legitimate rights and interests of others. (6) The prospectus truly, accurately and completely discloses the important information that investors need to make investment decisions, and there are no false records, misleading statements or major omissions. The language is concise, easy to understand and practical, which is in line with the understanding ability of investors. (7) It has an investor suitability management system that conforms to the characteristics of the Fund, clear implementation methods for investor suitability arrangements such as investor positioning, identification and evaluation, and clear risk warning contents. (8) The Fund's investment management, sales, registration, valuation and other business links have sound systems, standardized behaviors and adequate technical systems, and there is no situation that affects the normal operation of the Fund, damages or may damage the legitimate rights and interests of fund share holders and may cause systemic risks. (9) Other conditions stipulated by the China Securities Regulatory Commission.