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Is Zhongshi Credit a formal debt collection service? Is it legal?

Formal and legal. Zhongshi Credit Management Co., Ltd. is a professional non-performing asset management company. It was established on June 15, 2017 and was registered in Changsha, Hunan Province. The registered capital is RMB 100 million. It is jointly owned by Shenzhen Decheng Investment Development Co., Ltd. and Shenzhen Decheng Investment Development Co., Ltd. Cheng Property Services Co., Ltd. is a limited liability company jointly established by ***, so Zhongshi Credit is a formal collection and is legal.