Legal analysis: it is a formal company and is protected by law. The basis is as follows: Gitzo Consumer Finance Company was established in Tianjin under the guidance of the Measures for the Pilot Management of Consumer Finance Companies issued by the China Banking Regulatory Commission, and officially opened at the end of 20 10. It is one of the first four pilot consumer finance companies in China, and has been allowed to enter the credit information system of the People's Bank of China. Gitzo is the only foreign-funded company among the first four consumer finance companies piloted in China. In addition to the establishment of Gitzo Consumer Finance Company in Tianjin on 20 10, Gitzo also expanded its consumer finance business to other parts of China through cooperation with financial institutions in other cities and regions. By the end of February, 20 14, Gitzo had launched business in China 1 1 provinces and cities, 95% of which were in second-and third-tier cities and towns, serving more than 6 million customers.

Legal basis: Article 186 of the Criminal Law of People's Republic of China (PRC), if a bank or other financial institution staff issues loans in violation of state regulations, and the amount is huge or heavy losses are caused, they shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 10,000 yuan but not more than 100,000 yuan; If the amount is especially huge or especially heavy losses are caused, he shall be sentenced to fixed-term imprisonment of not less than five years and fined not less than 20,000 yuan but not more than 200,000 yuan. Employees of banks or other financial institutions who issue loans to related parties in violation of state regulations shall be given heavier punishment in accordance with the provisions of the preceding paragraph. If a unit commits the crimes mentioned in the preceding two paragraphs, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding two paragraphs. The scope of related parties is determined in accordance with the Law of People's Republic of China (PRC) Commercial Bank and relevant financial laws and regulations.