No, Fang Yi Finance and Taxation Group is a wholly-owned subsidiary of Fang Yi Holdings, which was established on 20 18. Its business scope covers bookkeeping, financial outsourcing, financial consulting, tax planning, listing counseling and so on. The company is a non-bank financial institution permitted by law and approved by the industrial and commercial department. It is a regular online lending company, with a very reliable business scope, including licensed projects, which are also formal and within the scope permitted by law.