The conditions for opening an account for margin financing and securities lending include:

1, engaged in securities trading for half a year;

2. The average daily securities assets in the last 20 trading days are not less than 500,000, including cash, stocks, bonds, funds and asset management plans of securities companies in general accounts;

3. The risk assessment results must be positive/enterprising, and the assessment time is within two years;

4. Non-shareholders and related persons of the company;

5. Individuals or institutions that are not on the "blacklist" of corporate credit business;

6. Individuals or institutions that are not prohibited by laws and regulations from participating in margin financing and securities lending business;

7. There are no other circumstances that are not suitable for margin financing and securities lending business.

Stock financing refers to the financing mode in which funds directly flow from surplus departments to shortage departments without financial intermediary, and the fund supplier, as the owner (shareholder), enjoys the control right of the enterprise. Its purpose is to meet the needs of investors to increase financing channels, and its advantage is that the financing risk is small.

Introduction to stock financing

This kind of control right is a comprehensive right, such as attending the shareholders' meeting, voting, participating in the company's major decisions, collecting dividends, sharing dividends, etc. It has the following characteristics:

(1) Long-term. The funds raised by equity financing are permanent, have no maturity date and do not need to be returned.