Legal analysis: bank financing funds can be applied to priority industrial funds and private equity funds (some banks can also agree to subscribe for intermediate level), priority single project equity investment, and debt financing of some projects.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 962 The broker shall truthfully report to the client the matters related to the conclusion of the contract. If the broker intentionally conceals important facts related to the conclusion of the contract or provides false information, which harms the interests of the client, he shall not ask for payment of remuneration and shall be liable for compensation.

Article 964 Where the broker fails to facilitate the conclusion of the contract, he may not request payment of remuneration; However, customers may be required to pay the necessary fees for intermediary activities as agreed.