The original shares of China Filial Piety Garden are fake. The fund-raising of Changzhou Zhonghua Filial Piety Garden belongs to illegal fund-raising. Illegal fund-raising refers to the behavior that a unit or individual raises funds from the public by issuing stocks, bonds, lottery tickets, investment fund securities or other creditor's rights certificates without the approval of the relevant departments in accordance with legal procedures, and promises to repay the principal and interest to the investors in the form of money, kind and other benefits within a certain period of time. Illegal fund-raising often shows the following characteristics:

1. Fund-raising without legal approval from relevant departments, including those without approval authority; Departments with approval authority approve fund-raising beyond their authority.

2. promise to repay the principal and interest to the investor within a certain period. The forms of debt service are mainly monetary, but also physical and other forms.

3. Raise funds from socially unspecified objects. The unspecified object here refers to the public, not a specific minority.

4. Cover up the essence of illegal fund-raising in a legal form. Project financing is a special financing method, which relies on the future cash flow of the project itself as the guarantee condition.