Admission notice
　　Sanya International Asset Exchange Co., Ltd. (the "Exchange" for short) practices membership in business activities. A member means a legal person or other organization meeting the admission conditions specified by the Exchange which voluntarily applies and is approved by the Exchange.
I. Member types
　　Members of Sanya International Asset Exchange Co., Ltd. include general members, trading members, service members and brokerage members.
II. Admission conditions

• General members
(1) De jure banks, insurance companies, trust companies, asset management companies, securities companies, fund companies, financial companies, city commercial banks, rural credit cooperatives, other companies (groups) and other business entities;
(2) Have no less than RMB100 million in registered capital;
(3) Have sound organizational structure and rigid financial management system;
(4) Have the business scope covering the brokerage of financial assets trading and brokerage practice qualification;
(5) Obtain the Business License for Financial Institutions upon the approval of the People's Bank of China, the Banking Regulatory Commission or other regulatory authorities;
(6) Enjoy sound reputation and sustained profitability, without major illegality and irregularity records in the last three years;
(7) Other conditions required by the Exchange.

• Trading members
(1) De jure enterprises and public institutions, social organizations and qualified investors, etc. both at home and abroad;
(2) Have relevant qualifications, professional team and risk control capability;
(3) Have sound organizational structure and rigid financial management system;
(4) Have no less than RMB10 million in registered capital unless otherwise specified by relevant systems of the country;
(5) Other conditions required by the Exchange. 。

• Service members
(1) De jure professional institutions and organizations both at home and abroad engaging in asset appraisal, accounting, lawyer, auction, tender, investment and investment management and consultation, etc.;
(2) Have no less than RMB300,000 in registered capital;
(3) Have sound organizational structure and rigid financial management system;
(4) Have practice qualification specified by relevant industrial authority and professional team members;
(5) Other conditions required by the Exchange.

• Brokerage members
(1) De jure business entities and other organizations;
(2) Have sound organizational structure and rigid financial management system;
(3) Have no less than RMB1 million in registered capital;
(4) Have profound industry experience and resources as well as professional team members;
(5) Enjoy sound state of business and sound reputation, without major illegality and irregularity records as well as economic disputes in the last three years;
(6) Other conditions required by the Exchange.