1. The applicant must be at least 18 years old and have full capacity for civil conduct;
2. The applicant has opened an ordinary securities trading account in real-name registration system, and the name and ID number of the credit securities account to be applied for are completely consistent with its ordinary securities account;
3. The applicant has opened an account for not less than 6 months and has a transaction record;
4. The applicant's transaction settlement funds have been deposited by a third party;
5. When the applicant applies for margin financing and securities lending business, the securities assets on the day of application shall not be less than RMB 500,000 (including RMB 654,380,000 and RMB 200,000, etc.). ), the business department stamps the business chapter of the business department on the statement of the applicant's ordinary securities trading assets;
Steps required for opening margin financing and securities lending:
1. Application: Submit the application materials to the pilot business department after meeting the requirements for opening an account for margin financing and securities lending. The application materials include ID card, ordinary securities account card, etc.
2. Investor education, business and psychological test: Investor education is mainly to make investors clear about margin trading and related risks, and then three tests will be conducted on qualified customers: psychological test, business test and risk interview.
3. Credit review: the customer submits the qualification application materials as required, and conducts qualification review after receiving the materials to determine the credit line.
4. Sign the margin financing and securities lending contract and open a credit account: After the application is made, sign the margin financing and securities lending contract, and the investment consulting post of the business department will explain the specific terms and risks of the margin financing and securities lending contract.
5. Transfer the collateral to the credit account for margin trading: the investor transfers the collateral to the trading account, the account is activated, and the investment can be traded.
6. If the conditions in the first step cannot be met, you can consider trying stock matching.