What happened to Jinning Xingyi Loan?

The boss of Jinning Xingyi Loan was taken away by the police, and then the boss was detained and the company was sealed up. The lawyer judged his behavior, but he didn't know why.

1. Introduction of Kunming Branch of Shenzhen Xingyi Loan Internet Finance Service Co., Ltd.

Kunming Branch of Shenzhen Xingyi Loan Internet Finance Service Co., Ltd. was established on 20151654381October 20th. The legal representative is Wei Yao, whose business scope includes: financial information consultation, internet information consultation, online business activities, entrusted asset management (not allowed to engage in trust, financial asset management, securities asset management, etc.) and economic information consultation; Accept the entrustment of financial institutions to provide telephone services for overdue borrowers and credit card overdrafts; Consulting services on the disposal of non-performing assets (projects subject to approval according to law can only be carried out after approval by relevant departments).

II. Conditions for registering and establishing a financial service company:

1, the name shall conform to the Regulations on the Administration of Name Registration, and the word "investment fund" is allowed in the name of an investment enterprise that has reached the scale.

2. The words "venture capital fund, venture capital fund, equity investment fund, investment fund" in the industry terminology can be used in the name.

3. Fund type: the registered capital (contribution) of the investment fund company is not less than 500 million yuan, all of which are contributed in cash, and the paid-in capital (contribution) at the time of establishment is not less than 654.38 billion yuan; The registered capital shall be fully paid in accordance with the Articles of Association (partnership agreement) within 5 years. "

4. The contribution of a single investor shall not be less than 6,543,800,000 yuan (except for the general partner in a limited partnership).

5. At least three senior managers have experience in the management and operation of equity investment funds or related business experience.

6. The business scope of fund enterprises is approved as: investment, investment management and consulting of non-securities business.

Third, what is financial service?

Financial service refers to the activities that financial institutions use currency transactions to finance valuable commodities and provide benefits and satisfaction for financial participants and customers. According to the contents of the annex of the World Trade Organization, the providers of financial services include the following types of institutions: insurance and related services, as well as all banks and other financial services (except insurance).

In a broad sense, financial service means that the whole financial industry plays its multiple functions of promoting economic and social development. Specifically, financial services refer to various services provided by financial institutions to customers through business activities, including financing and investment, savings, credit, settlement, securities trading, commercial insurance, financial information consultation and so on. Strengthening the awareness of financial services and improving the level of financial services are of great significance for accelerating the construction of China's modern financial system, improving the management level of financial institutions, enhancing the competitiveness of the financial industry and better promoting economic and social development.