Did Houhe car loan go bankrupt?

Yes According to the online loan Tian Yan, Houhe Car Loan has closed down. The top financial regulator is launching a special campaign to crack down on crimes in mutual funds. The public security department of Jiangmen City, Guangdong Province launched a surprise investigation and evidence collection on a number of used car loans and microfinance companies within its jurisdiction, and took away some people involved. A number of platforms were affected, among which platform stores such as Tuteng Loan and Houhe Car Loan were seized.