Illegal. Chengdu Lixin Express Finance does not have a financial license nor is it qualified to lend money. Currently, all Lixin Express Financial stores across the country have closed down.

Legal basis:

Article 174 of the Criminal Law of the People's Republic of China and the People's Republic of China. Establishing commercial banks and stock exchanges without authorization from the relevant national competent authorities. , futures exchanges, securities companies, futures brokerage companies, insurance companies or other financial institutions shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention, and shall also or solely be fined not less than 20,000 yuan but not more than 200,000 yuan; if the circumstances are serious, The offender shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan. Anyone who forges, alters or transfers the business license or approval document of a commercial bank, stock exchange, futures exchange, securities company, futures brokerage company, insurance company or other financial institution shall be punished in accordance with the provisions of the preceding paragraph. If a unit commits the crime in the preceding two paragraphs, the unit shall be fined, and the person directly in charge and other directly responsible personnel shall be punished in accordance with the provisions of the first paragraph.