Is it legal for Chenzhou Zhonglian to raise funds?

This is legal. According to the company law, securities law and other laws, enterprises can raise funds from the public, which is fund-raising. In addition, China has promulgated a series of laws, regulations and policies on fund-raising activities, such as Regulations on Fund-raising in People's Republic of China (PRC) and Measures for Investigating Illegal Fund-raising, in order to protect the rights and interests of investors and standardize fund-raising activities.