Xingtai City Housing Maintenance Fund Fee Standards

Legal analysis: (1) High-rise residences (including small high-rises and multi-storey buildings with elevators) 102 yuan/square meter; (2) Multi-storey residences (including villas) 83 yuan/square meter; (3) ) Underground parking space and garage 136 yuan/square meter.

Legal basis: "Securities Investment Fund Law of the People's Republic of China"

Article 97 Engaging in the sales, sales payment, share registration, and valuation of publicly raised funds , investment consulting, evaluation, information technology system services and other fund service businesses shall be registered or filed in accordance with the regulations of the securities regulatory authority of the State Council.

Article 98 Fund sales institutions shall fully disclose investment risks to investors and sell fund products of different risk levels based on investors’ risk-bearing capabilities.

Article 111 The Fund Industry Association shall perform the following responsibilities:

(1) Educate and organize members to abide by laws and administrative regulations related to securities investment, and safeguard the legitimate rights and interests of investors ;

(2) Protect the legitimate rights and interests of members in accordance with the law and reflect members’ suggestions and requirements;

(3) Formulate and implement industry self-discipline rules, supervise and inspect members and their practitioners Those who violate self-discipline rules and the association’s articles of association shall be subject to disciplinary sanctions in accordance with regulations;

(4) Formulate industry practice standards and business specifications, and organize professional examinations, qualification management and business training for fund practitioners ;

(5) Provide member services, organize industry exchanges, promote industry innovation, and carry out industry publicity and investor education activities;

(6) Provide services to members, and between members and customers Mediate any fund business disputes that arise between them;

(7) Handle the registration and filing of non-publicly raised funds in accordance with the law;

(8) Other duties stipulated in the association's articles of association.

Article 119 Anyone who violates the provisions of this Law by establishing a fund management company without approval or engaging in public fund management business without approval shall be banned or ordered to make corrections by the securities regulatory agency. The illegal income shall be confiscated and a fine of not less than one time but not more than five times the illegal income shall be imposed; if there is no illegal income or the illegal income is less than 1 million yuan, a fine of not less than 100,000 yuan but not more than 1 million yuan shall be imposed. The directly responsible person in charge and other directly responsible personnel shall be warned and fined not less than RMB 30,000 but not more than RMB 300,000.

If a fund management company violates the provisions of this Law and changes shareholders, actual controllers or other major matters holding more than 5% of the equity without authorization, it shall be ordered to make corrections, its illegal gains shall be confiscated, and it shall be fined one time the illegal gains. A fine of not less than five times but not more than five times; if there is no illegal income or the illegal income is less than 500,000 yuan, a fine of not less than 50,000 yuan but not more than 500,000 yuan shall be imposed. The person in charge directly responsible shall be given a warning and fined not less than 30,000 yuan but not more than 100,000 yuan.