No. According to the information on the official website of Hebei Financial Services Group, Hebei Financial Services Group is a formal company. Hebei Financial Services Group has a business license issued by the local Industrial and Commercial Administration Bureau and operates legally within the scope of business. Hebei Financial Times Bank Service Outsourcing Co., Ltd. is located in Room 1916, Building A, China Resources Center, 150 meters east of the intersection of Zhonghua South Street and Ziqiang Road, Qiaoxi District, Shijiazhuang City, Hebei Province. Business scope: Accepting entrustment from banks to engage in banking information technology outsourcing services; accepting The bank entrusts banking business process outsourcing services; acts as an agent for business authorized by China Mobile Communications Group Hebei Co., Ltd.; acts as an agent for business authorized by China Unicom Hebei Co., Ltd., etc.