(1) Having articles of association that conform to this Law and the Company Law of People's Republic of China (PRC);
(2) The registered capital shall not be less than 1 billion yuan, and it must be paid-in monetary capital;
(3) The major shareholder has good business performance and social reputation in securities business, securities investment consulting, trust asset management or other financial asset management, has no illegal record in the last three years, and has a registered capital of not less than 300 million yuan;
(four) the number of personnel who have obtained the qualification for fund practice has reached a quorum;
(5) Having business premises, safety precautions and other facilities related to the fund management business that meet the requirements;
(6) Having a sound internal audit monitoring system and risk control system;
(seven) other conditions stipulated by laws, administrative regulations and the State Council securities regulatory agency approved by the State Council.
Legal basis: According to Article 13 of People's Republic of China (PRC) Securities Investment Fund Law, the State Council agrees that you will make the following provisions on the conditions for non-major shareholders of fund management companies to hold more than 5% equity:
(1) If the non-major shareholder is a legal person or other organization, its net assets are not less than 50 million yuan, its assets are of good quality and its internal control system is perfect;
(2) If the non-major shareholder is a natural person, his personal financial assets shall not be less than RMB 654.38+million, and he has worked in the asset management industry at home and abroad for more than 5 years;
(3) It has not been subjected to administrative punishment or criminal punishment for illegal acts in the last three years;
(four) there is no misappropriation of customer assets and other acts that harm the interests of customers;
(5) It is not being investigated by the regulatory authorities due to illegal acts, or it is being rectified;
(6) Having a good social reputation, and having no bad records in administrative organs such as taxation, industry and commerce, financial supervision, self-discipline management, commercial banks and other institutions in the last three years.