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Dunxin Financial Holdings Accredited as National Excellent Microfinance Company by China Micro-credit Companies Association

2018-12-18 21:00 2885

WUHAN, China, Dec. 18, 2018 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a leading licensed microfinance lender serving individuals and small and medium enterprises (SMEs) in Hubei Province, China, announced today that it has been recognized as a National Excellent Microfinance Company by the China Micro-credit Companies Association.

Sponsored by the China Micro-credit Companies Association and co-organized by the local associations, the National Excellent Microfinance Company Award 2018 is one of the most well-recognized and authoritative award campaigns in China's micro-credit industry. A total of 398 micro-credit companies across the country were shortlisted for the prize, and because of its comprehensive strength and brand name, Dunxin was accredited as a National Excellent Microfinance Company.

Mr. Qizhi "Ricky" Wei, Chairman and Chief Executive Officer of Dunxin commented, "We are honored to accept the National Excellent Microfinance Company Award by the China Micro-credit Companies Association. This award recognizes the Company's practices and efforts to promote inclusive finance business and boost the development of small and medium-sized enterprises.

Mr. Wei continued, "Going forward, operating as a value-driven company, we will continue to provide best-in-class services to our clients, and maintain healthy and sustainable business development. With the goal of supporting and promoting the development of SMEs, we will grow together with them, creating mutual benefit and win-win results to make meaningful contributions to the development of inclusive finance."

About Dunxin Financial Holdings Limited

Dunxin Financial Holdings Limited ("DXF") is one of the leading licensed microfinance lenders in Hubei Province, China. We have been granted a microfinance license by the Financial Affairs Office of the Hubei Provincial People's Government to provide loans to individuals and small- and medium-sized enterprises. We received the Vice President Award from the China Micro-credit Companies Association under the China Banking Regulatory Commission in January 2017 and the President Award from the Hubei Micro-credit Company Association in December 2017. In 2016, we were recognized as a "National Excellent Micro-credit Company" by the China Micro-credit Companies Association. We have been named one of the "Top 100 Most Competitive Micro-credit Companies in China" by the China Microfinance Institution Association for four consecutive years since 2013, an "AA- Credit Rating Enterprise" by China Credit Management Co., Ltd in August 2017, and one of the "Top 10 Private Enterprises in Wuchang District, Wuhan City" by the People's Government of Wuchang District in July 2017. The Company has a strong capital base and professional credit business experience in the microfinance industry.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For additional information, please contact:

Dunxin Financial Holdings Limited
Claire Chen
Telephone: +86(27)8851-7899 ext. 8052
Email: ir@dunxin.us

ICR Inc.
Jack Wang
Telephone: +1(646)809-7902
Email: ir@dunxin.us

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Source: Dunxin Financial Holdings Limited
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