Jinning Xingyi Loan was seized and the company was tried. Xingyi Loan is an Internet financial service enterprise, focusing on industrial chain finance and asset finance services, and is committed to building a professional and secure online investment and financing transaction service platform. The mode of combining online professional product design with offline independent third-party guarantee, supervision and disposal institutions is adopted to ensure the closed operation of logistics, information flow and capital flow.

1. The term "loan company" is limited in China, and it is different from domestic commercial banks, finance companies, auto finance companies and trust companies that can handle loan business in terms of definition and business scope. On August 1 1, 2009, the CBRC issued the Notice on the Management Provisions of Loan Companies (No.76 of 2009), which standardized the behavior of loan companies in China.

2. A loan company refers to a banking non-deposit 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, which provides 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.

3. Corporate loans can be divided into: working capital loans, fixed assets loans, credit loans, secured loans, stock pledge loans, foreign exchange pledge loans, corporate term pledge loans, gold pledge loans, syndicated loans, bank acceptance bills, bank acceptance bills discount, commercial acceptance bills discount, interest-bearing bills discounted by buyers or agreements, domestic recourse factoring, and export tax rebate account custody loans.

4. The business scope of small loan companies is limited to issuing loans within the administrative areas of districts and counties where they are registered. Small loan companies can choose their own loan targets. In the pilot stage, the amount of loans granted to "agriculture, rural areas and farmers" every year shall not be less than 70% of the total amount of loans granted throughout the year. When granting loans, microfinance companies should adhere to the principle of "small amount and dispersion", encourage microfinance companies to provide credit services to farmers, micro-enterprises and small and medium-sized enterprises, and strive to expand the number of customers and service coverage. The loan balance of the same borrower shall not exceed 3% of the net capital of the microfinance company.