Beijing Chang Rong Microfinance Co., Ltd. is formal. According to Tian Yan's inquiry about Beijing Chang Rong Microfinance Co., Ltd., Beijing Chang Rong Microfinance Co., Ltd. obtained the approval of Beijing Financial Work Bureau in April 20 17, and completed the industrial and commercial registration in September 20 17 with a registered capital of 50 million yuan, and its business scope is to issue loans within Beijing. Microfinance is a comprehensive consumer loan, and the loan amount is generally more than 1 10,000 yuan and less than 200,000 yuan.