Yin Xin Finance belongs to CITIC Bank. CITIC Wealth Management is a wholly-owned financial subsidiary of CITIC Bank, with a registered capital of 5 billion yuan and a registered place in Shanghai. It is the first batch of financial subsidiaries of joint-stock banks in China, taking the lead in settling in Shanghai. Since the establishment of Yinxin Wealth Management Co., Ltd. in July 2020, the scale of product management has continuously broken through new heights, persisted in keeping pace with the temperature, made progress together with investors and professional institutions, and strived to create higher value for investors. Its platform is still good.
As a shareholder, CITIC Bank was established in 1987, which is one of the earliest emerging commercial banks in China during the period of reform and opening up. CITIC Bank has become a financial group with total assets exceeding 7 trillion yuan and nearly 60,000 employees, with strong comprehensive strength and brand competitiveness. The predecessor of CITIC Financial Management is also the asset management department of CITIC Bank. From the background of the platform, the security is very high, but the financial management is risky and the principal security cannot be guaranteed. This is not to say that the financial management of credit banks is unsafe, but that financial management itself has risks, which does not mean bank deposits, so we should pay attention to its risks.