Is AVIC Trust eligible to lend money to unspecified people through the Internet?

No, according to the newspaper. According to relevant regulations, trust and investment companies are not allowed to issue loans to unspecified public. AVIC Trust Co., Ltd. was fined by the regulatory authorities for failing to conduct "three investigations" on personal loans, granting loans to non-compliant real estate projects, and failing to perform due diligence in post-loan management of trust loans. Therefore, AVIC Trust is not qualified to lend money to unspecified people through the Internet.