June 14, 2023. Shenzhen, China - In alignment with the regulations outlined in the "Regulations on the Prevention and Handling of Illegal Fundraising" and in response to the notice from the Office of the Joint Conference on the Disposal of Illegal Fundraising regarding the 2023 Publicity Month for Preventing Illegal Fundraising, JLPay has actively advanced its "Finance for the People" initiative. The company collaborated with the Shenzhen Residents' Financial Literacy Enhancement Office to host a Dragon Boat Festival Financial Carnival at Shenzhen Information Vocational Technology College, themed "Preventing Illegal Fundraising, Cherishing Credit Records."
The event was guided by the Shenzhen Local Financial Supervision Administration, the People's Bank of China Shenzhen Central Sub-branch, the Shenzhen Banking and Insurance Regulatory Bureau, and the Shenzhen Stock Exchange. Organized by the Shenzhen Residents' Financial Literacy Enhancement Office and Shenzhen Information Vocational Technology College, with JLPay as a supportive partner, the carnival combined financial education with the traditional culture of the Dragon Boat Festival to enhance awareness among students and staff about illegal fundraising, anti-fraud measures, and credit knowledge.
The carnival featured three main segments: a Financial Knowledge Lecture, a Financial Knowledge Popularization Zone, and a Dragon Boat Festival Cultural Experience Area. The Financial Knowledge Lecture invited two experts from the Credit Management and Legal Affairs Departments of the People's Bank of China Shenzhen Central Sub-branch to share insights. The speakers focused on the everyday scenarios of university students, emphasizing credit knowledge and new types of illegal fundraising traps, while promoting the principles of integrity and trustworthiness. They warned attendees about scams related to "credit repair" and "credit whitewashing," receiving positive feedback from over 300 participants.
In the Dragon Boat Festival Cultural Experience Area, traditional cultural elements were integrated through a vintage market and Hanfu attire, featuring interactive games that allowed students to engage in traditional festivities while learning about financial concepts. Games such as "Wise Eyes," "Answer the Riddles," "Credit Dumplings," and "Breaking the Fraud Trap" provided a fun and educational experience, allowing students to connect with traditional culture while reinforcing their financial knowledge.
Participants not only enjoyed the carnival activities but also received prizes and a copy of the "Anti-Fraud and Credit Integrity Manual for Young People," co-produced with the Shenzhen Residents' Financial Literacy Enhancement Office. This manual uses case studies and engaging illustrations to reveal six common campus fraud schemes, helping students enhance their financial literacy and cultivate a positive consumer mindset.
The event attracted nearly 1,000 students, fostering a rich atmosphere for learning about financial knowledge. It provided students with the opportunity to acquire new financial concepts and enhance their awareness of preventing illegal fundraising and protecting personal credit records, laying a strong foundation for their future financial independence.
The "Finance for the People" initiative in Shenzhen, launched by the People's Bank of China Shenzhen Central Sub-branch and the State Administration of Foreign Exchange Shenzhen Branch, aims to enhance financial service levels, strengthen financial support for the real economy, mitigate financial risks, and promote financial reform and opening-up. Since its launch in May, the initiative has received widespread support, accelerating the normalization of financial education.
Moving forward, JLPay will continue to deeply implement the spirit of the 20th National Congress of the Communist Party of China, prioritize high-quality development, and uphold a people-centered approach. The company is committed to the shared goals of "Finance for the People," "Finance for Benefit," "Finance for Welfare," and "Finance for Security." JLPay will fully implement the "Finance for the People" initiative, actively contributing to the high-quality development of financial literacy education and enhancing the public's sense of gain, happiness, and security in financial services.
