WUHAN, China, Jan. 20, 2022 /PRNewswire/ -- Dunxin
Financial Holdings Limited ("Dunxin" or the "Company") (NYSE
American: DXF), a licensed microfinance lender serving individuals
and small and medium enterprises ("SMEs") in Hubei
Province, China, today announced the Company formed
cooperation with an authorized digital copyrights institution
to establish an online transaction platform which will focus on
digitalized registration, trading and protection of copyrights.
Pursuant to the partnership dated
January 16, 2022 between
Dunxin and the authorized digital copyrights institution, the both
parties will cooperate to develop a full set of digital copyrights
transaction platform which is consist of a sub-platform for media
resource transaction, a sub-platform for software transaction and a
sub-platform for culture and creative products transaction.
Mr. Ricky Wei, CEO and Chairman
of the Dunxin commented: "We are pleased to cooperate with the
authorized digital copyrights institution to provide digital
copyrights to our investors through a comprehensive transaction
platform with safety, convenience and efficiency. This is also one
of our key steps of transition strategies on Metaverse related
business. By establishing the digital copyrights transaction
platform, we will continuously develop and update new standards for
digital copyrights industry to promote digitalization,
propertilization and capitalization of copyrights and copyrights
derivative products. With this, we will plan to expand the business
globally to provide digital copyrights certification services in
qualified regions and countries in the future. "
After negotiation, the two sides
decided to establish a digital copyright trading platform with an
initial investment of 100 million
yuan and a total investment of about 600 million yuan. After the platform is
officially completed and operating online, the trading volume of
the platform is expected to exceed 1 billion
US dollars, bringing new revenue and profit growth points to
DXF. The implementation of this project shows DXF has officially
entered the content creation field of metaverse industry, providing
truly valuable creative materials for metaverse world.
About Dunxin Financial Holdings Limited
Established in March 2013 with headquarter
in Wuhan, China, Dunxin
Financial Holdings Limited is an innovative fintech company
originally engaged in business of providing loan facilities to
micro sized enterprise and individuals. After listed in
New York stock exchange, we
strategically consider and plan main business transition. In the
past two years, we conducted deeply research and analyze over 200
projects in medical health, bio-pharmaceuticals, cold chain
logistics, big data and block chain industry. In 2021, we decided
to focus our attention to Metaverse industry. By ways of
investment, merger and acquisition, integration of resources and
energizing of business management, we execute our planning and
rapidly step into Metaverse industry. After its business
transition, the Company will develop block chain, NFT
digitalization and be involved in the Metaverse business.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "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," "to be," "expects,"
"anticipates," "believes," "estimates," or similar expressions,
involve known and unknown risks and uncertainties. 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 Dunxin
Financial's control, which may cause Dunxin Financial's actual
results, performance or achievements to differ materially from
those in the forward-looking statements. Actual results or events
may differ from those anticipated or predicted in this press
release, and the differences may be material. Further information
regarding these and other risks, uncertainties or factors is
included in Dunxin Financial 's filings with the U.S. Securities
and Exchange Commission. Dunxin Financial 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 applicable law.
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SOURCE Dunxin Financial Holding Limited