Shanda Hsi Chin has no assets of 20 billion. The boss ran away with the money, and the customers of Shanda Hsi Chin went to the company headquarters to ask for a refund of the investment money, but they couldn't afford the principal and interest. A business manager said that at present, the number of customers involved exceeds 654.38+million, involving funds of19.4 billion yuan.
Established in 1998, Guangzhou Hsi Chin Credit Guarantee Co., Ltd. is the earliest group company engaged in financing guarantee, private investment and financing and personal financial services in China. Shanda Hsi Chin has entered bankruptcy proceedings, so it has no capital right and cannot return the principal of its customers.