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BottomBounce

10/19/18 1:15 PM

#27556 RE: Robertscott #27554

$CLDC Pursuant to the Agreement entered into on October 8, 2018, Lixin will make full use of its related resources in helping China Lending revitalize its business through possible reorganization and restructuring as well as assisting the Company to explore potential merger and acquisition opportunities. Specifically, the partnership aims to help the Company upgrade its product portfolio to include multiple ways of micro financing currently in market demand, increase its market shares in the segmented niches of supply-chain financing, and expand its business to eastern regions of China. In return, Lixin hopes to access China's western regional markets, where Lixin's expertise in financial solutions should resonate favourably with a large body of potential customers. The partnership, in short, complement resources and advantages to generate sustainable growth for both parties.