WORLDUNION(SZ:002285)2022-12-07 09:44Group 1: Market Overview and P2P Insights - The current P2P market is characterized by a mix of good and bad players, with government initially adopting a tolerant and open attitude towards financial innovation [2] - Government guidelines emphasize avoiding the creation of fund pools, focusing on matching borrowing and lending, maintaining P2P as an information platform, and ensuring third-party supervision [3] Group 2: Development and Risk Management - The P2P system is still in the development phase, with careful selection and assessment of technology [3] - There are two types of P2P development: one by internet companies leveraging technology, and the other by traditional lending companies utilizing expertise; collaboration between both is seen as ideal [3] - Default rates are reported to be less than 0.1%, with low risks associated with short-term loans for essential housing needs [3]