(1) Having articles of association that comply with the provisions of laws and administrative regulations;
(2) The major shareholders are profitable continuously, have a good reputation, have no record of major violations of laws and regulations in the last three years, and have net assets of not less than 200 million yuan;
(3) Having a registered capital that meets the requirements of this Law;
(4) The directors, supervisors and senior managers are qualified for the post, and the employees are qualified for securities business;
(5) Having a sound risk management and internal control system;
(6) Having qualified business premises and business facilities;
(seven) other conditions stipulated by laws, administrative regulations and the State Council securities regulatory agency approved by the State Council.
Extended data:
People's Republic of China (PRC) Securities Law
Article 1 This Law is formulated in order to regulate the issuance and trading of securities, protect the legitimate rights and interests of investors, safeguard social and economic order and public interests, and promote the development of the socialist market economy.
Article 2 This Law shall apply to the issuance and trading of stocks, corporate bonds and other securities legally recognized by the State Council within the territory of People's Republic of China (PRC). Matters not covered by this Law shall be governed by the Company Law of People's Republic of China (PRC) and other laws and administrative regulations.
This Law shall apply to the listing and trading of government bonds and securities investment fund shares; Where there are special provisions in other laws and administrative regulations, such provisions shall prevail. Measures for the administration of the issuance and trading of securities derivatives shall be formulated by the State Council in accordance with the principles of this Law.
Article 3 The issuance and trading of securities must follow the principles of openness, fairness and impartiality.
Article 4 The parties involved in securities issuance and trading activities have equal legal status and should follow the principles of voluntariness, compensation, honesty and credibility.
Article 5 The issuance and trading of securities must abide by laws and administrative regulations. Fraud, insider trading and manipulation of the securities market are prohibited.
Article 6 Securities industry, banking industry, trust industry and insurance industry are operated and managed separately, and securities companies are established separately from banks, trusts and insurance institutions. Unless otherwise stipulated by the state.
Baidu Encyclopedia-People's Republic of China (PRC) Securities Law