What is the meaning of qualified foreign investors?
1. What is the meaning of qualified foreign investors? Qualified foreign investors refer to financial institutions established with the approval of relevant financial regulatory authorities, including securities companies, fund management companies and their subsidiaries, futures companies, commercial banks, insurance companies and trust companies, and private fund managers registered in China Asset Management Association (hereinafter referred to as Fund Industry Association). The so-called corporate bonds refer to the securities issued by the company in accordance with legal procedures and agreed to repay the principal and interest within a certain period of time. Joint stock limited companies, wholly state-owned companies and limited liability companies invested by two or more state-owned enterprises or other two state-owned investors may issue corporate bonds in accordance with the conditions stipulated in the Company Law in order to raise funds for production and operation. These conditions are as follows: (1) The net assets of a joint stock limited company are not less than RMB 30 million, and the net assets of a limited liability company are not less than RMB 60 million; (2) The total amount of bonds issued by the company shall not exceed 40% of its net assets; (3) The average distributable profit in the last three years is enough to pay the interest of corporate bonds 1 year; (4) The investment of the raised funds conforms to the national industrial policy; (5) The bond interest rate level shall not exceed the interest rate level stipulated by the State Council; (6) Other conditions stipulated by the State Council and its securities regulatory authority. Two. Financial institutions established by qualified investors (1) with the approval of relevant financial regulatory authorities, including securities companies, fund management companies and their subsidiaries, futures companies, commercial banks, insurance companies and trust companies, and private fund managers registered in China Asset Management Association (hereinafter referred to as Fund Industry Association); (2) The wealth management products issued by the above-mentioned financial institutions to investors include, but are not limited to, asset management products of securities companies, products of funds and fund subsidiaries, asset management products of futures companies, bank wealth management products, insurance products, trust products and private equity funds filed by fund industry associations; (3) Enterprises, institutions, legal persons and partnerships with net assets of not less than10 million yuan; (4) Qualified Foreign Institutional Investors (QFII) and RMB Qualified Foreign Institutional Investors (RQFII); (five) social security funds, enterprise annuities and other pension funds, charitable funds and other social welfare funds; (six) individual investors with financial assets of not less than 3 million yuan; (seven) other qualified investors recognized by the China Securities Regulatory Commission. The financial assets mentioned in the preceding paragraph include bank deposits, stocks, bonds, fund shares, asset management plans, bank wealth management products, trust plans, insurance products, futures rights and interests, etc. Wealth management products and partnerships plan to invest their main assets in a single bond, so it is necessary to thoroughly check whether the final investor is a qualified investor and calculate the number of investors together. The specific standards shall be stipulated by the fund industry association. Securities self-regulatory organizations may, in accordance with the laws and regulations of this Exchange, set stricter qualification conditions for qualified investors. Everyone in the investment and wealth management industry yearns for it, but it can only be carried out with professional knowledge, which is more complicated. At the same time, the procedures involved in investing overseas are more complicated. For example, qualified foreign investors refer to a series of financial institutions approved by the financial management department of our country.