Is Panhandle Financial a formal business?

Pan-China Financial is a formal company.

Founded in 1999, Pan-China Financial Services Group ("Pan-China Financial Services") is a leading non-traditional financial institution in China that provides mortgage services to small and medium-sized business owners in China through the operation of its domestic subsidiaries.

With more than 10 years of experience in lending services and branches and business outlets in more than 40 cities across China, Pan-China Financial is committed to providing small and micro-enterprise owners with convenient, cost-effective, and efficient financing solutions, and practicing the national call of "letting the financial sector return to serving the real economy".

In 2009, Pan-China Financial established a distribution network covering the major economic centers of China, such as the Yangtze River Delta, Pearl River Delta, and the Bohai Rim Economic Circle.

In 2010, it started the business model of risk **** sharing and tested the water of collateralized and unsecured loan products, accumulating expertise in risk control and advantages in post-loan disposal.

In 2014, Pan-China Financial cooperated with a trust company to optimize a stable and expandable funding structure.

As of December 2017, Pan-China Financial's loan balance reached RMB17.1 billion.

In 2018, Pan-China Financial successfully landed on the New York Stock Exchange. On November 7, Pan-China Financial was listed on the New York Stock Exchange (ticker symbol: CNF), becoming the first overseas listing of Chinese home loans.

Since its listing, CNF has been working hard to build a new loan cooperation service platform, and has joined hands with its peers to promote the development of the platform's operation mode and continuously improve the construction of the platform's various modules. The company has always implemented: compliance, strengthen the wind control, in order to work together to go farther. Chairman and CEO of Pan-China Financial Zhai Bin emphasized to the whole company, only service is good, customers can get professional, high-quality service, partner companies will have more space to reduce costs, increase revenue, and ultimately realize the platform to maximize the interests of multiple parties.