Guide to applying for a fund sales license | Find a pawn shop license in Shenzhen

How to apply for an insurance agency license | The application for third-party fund sales license is currently in the process of selling new funds，The five major state-owned banks and other larger joint-stock banks account for 40 to 50% of fund sales，Brokerages may be 20 to 30%，In fact, only about 20% of third-party sales agencies，About 20% is currently divided among several Internet giants，In the future, Tencent’s participation will surely deprive commercial banks and securities firms of their territory.。

Obtained a fund sales license，On the one hand, I want to engage in third-party wealth management，Sales of public funds or various asset management plans，All need to obtain a fund distribution license；on the other hand，Utilize a fund distribution license，Can raise funds more easily；also，Some of them buy shells and fry them.。According to financial expert analysis，Some institutions are eager for fund sales licenses。for example，JD Finance、Ant Financial、Tencent and these platforms all hold fund agency licenses。

Institutions with fund distribution licenses，Funds can be sold、Brokerage asset management plan。Take Tencent, which obtained a fund sales license this year as an example.，According to the announcement of the China Securities Regulatory Commission on January 2, 2025，Tencent gets its own fund sales license。Previously, fund sales on Wealth Management were mainly through two modes: direct sales by fund companies and channel sales through Haomai Funds.。Among them, monetary funds mainly use the former，While other funds use the latter。

Because Tencent did not have a fund sales license before，Therefore, the variety of fund products sold on the platform is limited.，Poor user experience，After that, Tencent can leverage its 1 billion active users and its strong product team to，Ant Financial and Tiantian Fund are catching up in the field of fund sales.。

And recently，With the strengthening of supervision，Unlicensed sales are not allowed，Institutions’ desire for fund sales licenses is further escalating. Independent fund sales institutions can specialize in the sales of funds and other financial products.，Its qualification to apply for fund sales business，In addition to meeting the conditions specified in Article 9 of these Measures，The following conditions should also be met：

1. A limited liability company established in accordance with the law、Partnership or other forms that comply with the provisions of the China Securities Regulatory Commission；
2. Have a business scope that complies with regulations；
3. Registered capital or capital contribution shall not be less than RMB 20 million，and must be paid-in monetary capital；
4. Shareholders of a limited liability company or partners of a partnership comply with the provisions of these Measures；
5. There are no major changes that have affected or may affect the normal operation of the organization.，or lawsuit、Arbitration and other major matters；
6. Senior managers have obtained fund practitioner qualifications，Familiar with fund sales business，And have more than 2 years of work experience in fund business or more than 5 years of work experience in other financial-related institutions；
7. No less than 10 persons who have obtained fund professional qualifications shall be natural persons participating in independent fund sales agencies.，The following conditions should be met：
8. engaged in securities、Fund or other financial business for more than 10 years or securities、Management of the fund business department for more than 5 years or serving as a securities、Senior managers in the fund industry with more than 3 years of work experience (subject to the CIRC，Securities Regulatory Commission，Relevant financial industries regulated by the China Banking Regulatory Commission，For example, public fund companies，securities，Insurance，futures，exchange，small loan，pawn shop，Financing guarantees, etc.，Issue a certificate of employment，The proof of practice must be approved by a lawyer)；
9. No criminal punishment has been imposed in the past 3 years；
10. Has not been subject to financial supervision in the past 3 years、Industry supervision、Industry and commerce、Administrative penalties imposed by taxation and other administrative departments；
11. in self-discipline management、Commercial banks and other institutions have no bad records；
12. No large amount of debt due and unpaid；
13. No other major bad integrity records in the past 3 years。

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