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Is the private financing company Xinwenying No.3 safe?
Xinwenying No.3, a private financing company, is not safe. I think it is unreliable because there is too little public information, and now there are too many private products. Generally speaking, formal products will be filed with private equity associations. Securities private equity funds will definitely be filed with the fund industry association. Equity or alternative is not necessarily, because some can be filed in the National Development and Reform Commission, and some can be filed in the local government financial platform. Because there is not much public information, it makes people feel insecure.