What are the risks of private placement?
The so-called affiliation actually means that some private equity fund management companies find people with fund qualifications to register or protect their work and give them some remuneration. This kind of affiliation generally requires affiliation with the legal representative or ordinary senior management, and promises to give some remuneration. According to the different risks, the fees are different. For many people who hold fund qualification, the requirements are low and there are few things attached to fund qualification, which is really attractive.
Affiliation is prohibited by national laws, and the contractor's illegal subcontracting, illegal subcontracting of construction projects or unqualified actual builders' signing construction contracts with others in the name of qualified construction enterprises is invalid. According to Article 134 of the General Principles of the Civil Law, the illegal gains made by the parties concerned shall be confiscated.
I have to mention the safety and quality risk of the builder, because if there is a safety accident after the connection, the consequences will be very serious. If you don't do these things well in advance, you may have to bear all the risks and responsibilities. If you don't sign an agreement with an affiliated company, you may also face the risk of default.