What does Zhonghui Xinde do?

Provide financial services, financing guarantee, factoring, letter of guarantee, private equity fund and inclusive finance. According to official website, Shanxi Zhonghui Xinde Financing Guarantee Co., Ltd. is a commercial financing guarantee company. A number of banking institutions in Shanxi Province have established business cooperation and are committed to providing financing guarantee services for natural persons, individual industrial and commercial households and small and medium-sized enterprises in Shanxi Province. The only private guarantee company in the province, with a regulatory rating of A and a credit rating of AA. It is the first private financing guarantee company approved by the People's Bank of China.