Zhonghai Xinda, Zhonghai Xinda Guarantee Co., Ltd., is a liar. In 2008, the company refused to undertake the obligation of compensation and owed more than one billion yuan.

All guarantee companies are the same. No deposits, loans, entrusted wealth management or entrusted wealth management business are allowed. They can only engage in financing guarantee business and other permitted guarantee business. It is not allowed to publicize investment and wealth management business to unspecified people or absorb public deposits in disguise.

Moreover, the full name of "Zhonghai Xinda" is "Zhonghai Xinda Guarantee Co., Ltd.", and it has been included in the list of people who have lost their trust in the country.

Future investment guarantee, a p2p form, must be linked with banks and other financial institutions and regulatory agencies, which is the road to development. Therefore, it is not only asserted that China Shipping Cinda will fail, but it will definitely change its operation strategy and mode if it wants to develop.

I hope it's useful to you, and you need to be cautious in your investment. It is better to put money in private equity funds and look at the future fund network.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.