According to the announcement by the Beijing branch of the People's Bank of China issued licensing information on important matters relating to non-bank payment institutions, Beijing Duxiaoman Payment Technology Co., Ltd. was approved to change the name of the company to Beijing Manyi Payment Co., Ltd., the supervisor to Liu Hui, and the person in charge of finance to Li Zhu. In response, a person familiar with the matter revealed to Sina Technology that “Manyi” is not a new name. The relevant trademark has already been registered before. This is a reuse of existing trademarks and is not a temporary new establishment. It has previously appeared in small loan companies and credit products related to Du Xiaoman.

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