According to the laws, administrative regulations and the relevant rules of China Securities Regulatory Commission and China Securities Investment Fund Association, the investors of private equity funds shall be qualified investors with strong risk identification, evaluation and bearing capability. Before continuing to visit our website, please confirm that you or the organization you represent is a “qualified investor of private equity funds”. As to a qualified investor of private equity funds, the provisions of Chapter III of the Interim Measures for the Supervision and Administration of China’s Private Investment funds are as follows:
A qualified investor of private equity funds shall be any unit or individual which has the corresponding risk identification and bearing capability. The amount invested by such unit or individual on a single private equity fund shall not be less than RMB 1 million, and the following relevant standards shall be met:
An individual whose financial assets are not less than RMB 3 million or whose average annual income in the last three years is not less than RMB 500,000; The financial assets mentioned above include bank deposits, stocks, bonds, fund shares, asset management plans, financial products of banks, trust plans, insurance products and futures interests, etc.
The following investors are considered as qualified investors：
1.Social security funds, pension funds such as enterprise annuity, charitable funds and other social welfare funds;
2.Any investment plan established in accordance with the laws and filed with the fund industry association;
3.Private equity managers and practitioners who invest in their managed private equity funds;
4.Other investors prescribed by China Securities Regulatory Commission;
Regarding any direct or indirect investment in private equity funds by pooling the funds of most investors in any unincorporated forms such as partnerships and contracts, private equity managers or sales agencies shall thoroughly verify whether the final investor is a qualified investor and calculate the number of investors in a combined way. However, as to any investor who makes investment in private equity funds pursuant to subparagraph (1), (2), (4) of this Article, such verification and calculation shall no longer be made.