Legal basis: Article 6 of the Measures for the Administration of Securities Investment Fund Management Companies The establishment of a fund management company shall meet the following conditions: (1) Shareholders meet the provisions of the Securities Investment Fund Law and these Measures; (2) Having articles of association that comply with the Securities Investment Fund Law, the Company Law and the provisions of the China Securities Regulatory Commission. (3) The registered capital shall be no less than RMB 654.38+0 billion, and the shareholders must make contributions in cash, and the overseas shareholders shall make contributions in freely convertible currencies; (4) There are no less than 65,438+05 senior managers and business personnel who meet the requirements of laws, administrative regulations and the China Securities Regulatory Commission and engage in research, investment, valuation, marketing and other work, and have obtained the qualification for fund practice; (5) Having business premises, safety precautions and other business-related facilities that meet the requirements; (6) Setting up organizations and posts with reasonable division of labor and clear responsibilities; (7) Having internal control systems such as supervision, auditing and risk control that meet the requirements of the China Securities Regulatory Commission; (8) Other conditions approved by the State Council and stipulated by the China Securities Regulatory Commission.