Legal analysis: After submitting the loan application, Huaxian will further verify the applicant's information through a telephone follow-up visit. If the review results are inconsistent with the submitted information, the loan will not be issued.

Legal basis: "Measures for the Administration of Internet Information Services" Article 7 To engage in commercial Internet information services, one must apply to the telecommunications management agency of the province, autonomous region, or municipality directly under the Central Government or the information industry department of the State Council for Internet information service value-added telecommunications Business license (hereinafter referred to as the business license). The telecommunications management agency of the province, autonomous region, or municipality directly under the Central Government or the information industry department of the State Council shall complete the review within 60 days from the date of receipt of the application and make a decision on approval or disapproval. If approved, a business license shall be issued; if not approved, the applicant shall be notified in writing and the reasons shall be explained. After obtaining the business license, the applicant shall go through the registration procedures with the enterprise registration authority with the business license.