Brief Introduction of Zheng Xin Investment Group:
Zheng Xin Investment Group, formerly known as SDIC Cinda Group, was established in March 20 14, and Zheng Xin Investment Co., Ltd. is headquartered in Beijing. Adhering to the concept of "serving people's livelihood based on political trust", we provide tailor-made solutions for political trust projects in different places, and provide fully closed-loop services integrating investment, financing, construction, management and pension. Zheng Xin Investment Group has been committed to using Zheng Xin's finance to better serve local governments. In order to better serve local governments, the Group led the establishment of China Political Trust Research Institute, Central University of Finance and Economics Political Trust Research Institute and China University of Political Science and Law PPP Research Institute, which provided theoretical support and top-level design support for local political trust projects from multiple dimensions.
Definition of default probability:
Customer risk early warning system In the credit risk management of commercial banks, the probability of default refers to the possibility that borrowers will not be able to repay the principal and interest of bank loans or fulfill related obligations in a certain period of time in the future. Default probability is the basis of calculating expected loan losses, loan pricing and credit portfolio management, so how to calculate default probability accurately and effectively is very important for credit risk management of commercial banks.
Definition of stock:
Stock is a part of the ownership of a joint-stock company and a certificate of ownership issued by a joint-stock company. It is a kind of securities issued by a joint-stock company to all kinds of shareholders, as a shareholding certificate to obtain dividends and bonuses. Stocks are long-term credit instruments in the capital market and can be transferred and traded. With it, shareholders can share the company's profits, but also bear the risks brought by the company's business mistakes. Each share represents the shareholder's ownership of the basic unit of the enterprise. Every listed company will issue shares.