What is the financing process of the company?

Legal analysis: handling process: (1). The investment and financing handling enterprise submits the resolution of the board of directors and the application signed by the chairman to the examination and approval authority. (2), the examination and approval authority after receiving the investment and financing application documents, make a written reply whether or not to agree. (3), the examination and approval authority to review the application for investment and financing. (4) After examination and approval by the examination and approval authority, the investment and financing enterprise shall apply to the administrative department for industry and commerce for registration of change in accordance with the relevant provisions on registration of change. (5) Completion of investment and financing.

Legal basis: Article 29 of the Law of the People's Republic of China on the People's Bank of China stipulates that the People's Bank of China shall not provide loans to local governments and government departments at all levels, nor to non-bank financial institutions, other units and individuals, except that the State Council decides that the People's Bank of China may provide loans to specific non-bank financial institutions. The People's Bank of China shall not provide guarantee to any unit or individual.