Xinyou Loan Company has a professional service license issued by the State Administration for Industry and Commerce. Xinyou Loan Company adheres to the core concept of "simple finance, honest life". In order to provide customers with more professional financial information services, Xinyou obtained the business license of Shanghai Enterprise as a legal person on 20 12.

Legal Basis: Notice of China Banking Regulatory Commission on Printing and Distributing the Provisions on the Administration of Loan Companies Article 2 A loan company refers to a non-bank financial institution established in rural areas by domestic commercial banks or rural cooperative banks with the approval of China Banking Regulatory Commission in accordance with relevant laws and regulations, and specialized in providing loan services for county farmers, agriculture and rural economic development. The loan company is a limited liability company fully funded by domestic commercial banks or rural cooperative banks.