Legal analysis: Financial intermediation contract means that Party A entrusts Party B to contact the bank to arrange RMB loans. The specific loan amount shall be determined by the bank after evaluation and approval. Party B accepts the entrustment, gives full play to its resource advantages, is serious and responsible, and speeds up the loan procedures. After being approved by the financial institution, the loan will be deemed to be successful if it is remitted to the account designated by Party A. Breach of contract refers to breach of contract debt, also known as non-performance of contract debt.
Legal basis: Article 577 of the Civil Code of People's Republic of China (PRC). If one party fails to perform its contractual obligations or fails to meet the contract obligations, it shall bear the liabilities for breach of contract such as continuing to perform, taking remedial measures or compensating for losses.