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BottomBounce

12/19/18 12:39 PM

#175 RE: shermann7 #174

$CLDC China Lending provides collateralized credit-based financings to northwest China's fast-growing micro, small and medium sized enterprises , customers currently underserved by commercial banks due to fundamental flaws in Chinas credit system. The Company has a strong market presence in Xinjiang. It is a leader in non-bank lending industry and certain financial products, and its leader status drives customer demand and fuels business growth. China Lending provided two principal loan products – business and personal loans - with loan sizes ranging from RMB 5,000 to RMB 30 million (approximately $750 - $4.5 million). The Company’s strategy is to focus on short term, small size, high collateral and diversified loans. Recently, the Company established a new business segment to provide consulting and credit risk analysis services, which is expected to be one of the growth drivers going forward. This segment supports core non-bank lending business and due diligence efforts. http://www.chinalending.com/a/en/Business/Investment_Focus/