1. Investment and education companies must obtain relevant licenses or certificates before they can legally engage in business activities in this industry. In China, companies and individuals engaged in investment consulting, investment education, investment training and other businesses need to pass the corresponding examination and certification procedures to obtain professional qualification certificates such as fund qualification certificates and securities qualification certificates.

2. "License" generally refers to the license, permit and other documents that certain industries or enterprises must obtain to prove their legal operation. The types and names of licenses required by different industries or enterprises are also different.