(The English version is used for reference only. If there is any conflict or inconsistence between the English version and the Chinese version, the latter prevails.)

　　In order to promote NAFMII's self-regulation over Foreign Institution membership and support the development of the market, according to the relevant regulations and requirements of the NAFMII Membership Administration Rules and the Guidance on Membership Application of National Association of Financial Market Institutional Investors, matters related to Foreign Institutions applying for NAFMII membership are hereby stated as follows:

　　1. Application Requirements

　　The term of “Foreign Institutions” in these instructions includes, but is not limited to, financial institutions, non-financial institutions, intermediaries that are independent legal entities and incorporated outside the People's Republic of China (for the purpose of these instructions, the People’s Republic of China does not include Hong Kong SAR, Macau SAR and Taiwan), as well as foreign government agencies or their representative agencies, overseas central banks (monetary authorities) and other official reserve management institutions, international financial organizations, sovereign wealth funds (collectively referred to as the “Foreign Central Banks”). Foreign Institutions applying for NAFMII membership shall meet the following requirements:

　　(1) Voluntarily join NAFMII and accept the self-regulation by NAFMII;

　　(2) Support the Constitution of NAFMII;

　　(3) Participate in business in the inter-bank market;

　　(4) Other requirements of NAFMII.

　　2. Application Documents

　　The application documents of Foreign Institutions shall be subject to the relevant regulations of domestic members. Applicants who apply for the special membership shall submit the following documents:

　　(1) Application form;

　　(2) Articles of association or other documents with equivalent legal effect;

　　(3) A copy of overseas incorporation certificate or other qualification documents with equivalent legal effect;

　　(4) An audit report of the preceding year;

　　(5) Introduction of the applicant;

　　(6) Information collection form for special membership;

　　(7) Other materials required by NAFMII

　　Foreign government agencies or their representative agencies and Foreign Central Banks may apply for exemptions from providing document (2), (3) and (4). However, the original legal opinions on the legal status of the applicant, the qualifications of entities and the internal authorization for applying for membership should be submitted in accordance with the relevant requirements of NAFMII.

　　If the documents mentioned above are written in languages other than Chinese and English, a Chinese translation issued by a translation agency for international judicial assistance shall be provided.

　　3. Application Process

　　(1) Once the application documents are ready, the applicant shall register and log in NAFMII membership management system(link: http://111.203.170.162）to fill in basic information and upload the electronic version of such documents. NAFMII staff will conduct a preliminary review of the application documents and determine whether such documents are in line with the requirements of NAFMII. Such decisions will be delivered via the membership management system. If the application documents pass the preliminary review, the applicant shall mail the paper version of the valid application documents to NAFMII;

　　(2) Upon receipt of the paper version of the application documents, NAFMII staff will review such documents and give feedback within three working days via telephone to the applicant if there are still problems with such documents. If the paper version of the application documents pass the review, NAFMII will send the applicant within five working days the Notice of NAFMII Special Membership to confirm the applicant's special membership in NAFMII. Meanwhile, the member list will be updated accordingly on NAFMII's website;

　　(3) NAFMII staff will send the new member the Notice on the Membership Fee of the National Association of Financial Market Institutional Investors, requiring the member to pay the membership fee according to such notice.

　　4. Attention

　　(1) Applicants shall read through the Constitution of NAFMII and understand the rights and obligations of NAFMII members before application;

　　(2) Foreign Institutions may apply for the special membership of NAFMII. Special members do not have the right to elect or be elected or vote;

　　(3) Special members of NAFMII shall pay the membership fee. Please refer to Guidance on Membership Application for details of the membership fee.

　　5. Contact Us

　　Address: Department of Membership and Legal Affairs, NAFMII

　　18/F, Building 6, Yuetan South Street #1, Xicheng District, Beijing 100045, P.R. China

　　Post Code: 100045

　　Telephone: 010-66538390 (Ms. Li Jing Yu)

　　010-66538323 (Ms. Zhou Kai Lin);

　　Fax: 010-66539039;