Since 2017, the state has strengthened the supervision of the financial sector and issued a series of policies to strengthen supervision. Facing the adjustment of national policies, on April 10, 2018, the Group's non-banking financial platform held business development seminars. In response to changes in the market, the market situation and future business development countermeasures were discussed.

Those attending the meeting believed that the purpose of supervision by the national supervisory authorities was to prevent financial risks. The starting point was to hold on without systemic financial risks and to resolutely deal with the problems of violation of laws and regulations. In resolving the stock risk, for the stock business, given a certain period of digestion and transition period, differentiated treatment; for new business, strictly in accordance with laws and regulations, according to the law.

The attendees believed that the supervision of the banking industry by the supervisory authorities was mainly directed at the chaos that appeared in the banking industry. For example, some financial institutions arbitrage in the name of innovation and disrupted the market order. For some financial institutions in the name of innovation, the bank’s funds were channeled out and entered into large and medium-sized cities for home mortgage loans. Those attending the meeting believed that the supervision department further deepened the chaos in the financial industry to further reverse the virtual reality and realize the virtuous circle and coordinated development of finance and the real economy. On the one hand, it is necessary to achieve a virtuous circle within the financial system.

The Group's non-bank financial platform business leaders attended the meeting. Xu Mingyao, vice president of the Group, presided over the meeting.