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Dunxin Financial Holdings Limited Files Annual Report on Form 20-F for Fiscal Year 2021

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Dunxin Financial Holdings Limited (NYSE American: DXF) announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the SEC on May 2, 2022. The report includes audited financial statements accessible on the SEC's website and the Company's investor relations site. Dunxin, based in Hubei Province, China, is a licensed microfinance lender but has suspended loan offerings since 2020, focusing instead on exploring Metaverse-related business opportunities. Shareholders can request a hard copy of the report free of charge.

Positive
  • Annual report filed with SEC, providing transparency.
  • Possibility for shareholders to request a hard copy of financial reports.
Negative
  • Suspension of loan offerings since 2020, indicating potential revenue loss.
  • Shift in focus towards Metaverse, which may imply uncertainty in core business model.

WUHAN, China, May 16, 2022 /PRNewswire/ -- Dunxin Financial Holdings Limited (NYSE American: DXF) ("Dunxin" or the "Company"), a licensed microfinance lender in Hubei Province, China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission ("SEC") on May 2, 2022. The annual report can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at http:////en.hbctxed.com/index.php/index-show-tid-63.html.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company's IR Department at ir@dunxin.us.

About Dunxin Financial Holdings Limited

Dunxin is a licensed microfinance lender serving individuals and SMEs in Hubei Province, China. Dunxin suspended offering loans to its customers since 2020 and is exploring new business opportunities based on Metaverse related technologies.

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of market in China and the other international markets the Company plans to serve; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

 

Cision View original content:https://www.prnewswire.com/news-releases/dunxin-financial-holdings-limited-files-annual-report-on-form-20-f-for-fiscal-year-2021-301548046.html

SOURCE Dunxin Financial Holding Limited

FAQ

What does the annual report for Dunxin Financial Holdings reveal about fiscal year 2021?

The annual report includes audited financial statements for the fiscal year ended December 31, 2021, filed with the SEC.

When did Dunxin Financial Holdings file its annual report?

Dunxin filed its annual report on Form 20-F on May 2, 2022.

What is the current business focus of Dunxin Financial Holdings?

Dunxin has suspended loan offerings since 2020 and is exploring new business opportunities related to Metaverse technologies.

How can shareholders access Dunxin's annual report?

Shareholders can request a hard copy of the annual report free of charge from the Company's IR Department.

What is the stock symbol for Dunxin Financial Holdings?

The stock symbol for Dunxin Financial Holdings is DXF.

Dunxin Financial Holdings Limited American Depositary Shares, each representing four hundred and eighty (480) Ordinary Shares

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