Competency test of sponsor representatives is organized by China Securities Industry Association, entrusted by China Securities Regulatory Commission, and mainly attended by personnel engaged in investment banking business such as securities issuance, underwriting, acquisition and merger.

A person who has passed the examination and meets other requirements stipulated by the China Securities Regulatory Commission may apply to the China Securities Regulatory Commission for registration as a sponsor representative in accordance with relevant regulations.

Examination subjects: investment banking examination

Examination time 180 minutes, * * 120 questions, total score 100 points, passing line 60 points. Those who pass the examination shall participate in the relevant annual business training organized by China Securities Association or other institutions recognized by China Securities Regulatory Commission.

Securities institutions and individuals registered by the China Securities Regulatory Commission and included in the list of sponsor institutions and sponsor representatives (hereinafter referred to as the "list") may engage in sponsorship work in accordance with the provisions of these Measures. No institution or individual may engage in sponsorship without being registered as a sponsor institution or sponsor representative by the China Securities Regulatory Commission and being included in the list.