1. In the course of its operation, Chengdu Shangshan Finance has encountered many problems, such as overdue advance payment, broken fund pool and inability to pay debts, which has attracted the attention and criticism of investors and regulatory authorities.

2. According to the local financial supervision annual report released at the end of 20 18, the NPL ratio of Chengdu Shangshan Finance has reached 8 1.94%, and some borrowers have been in loans overdue for more than 90 days, which means there is a certain risk of default.