Dunxin Financial

DXF AMEX
2.206
+0.006
+0.27%
Closed 16:00 06/18 EDT
Open
2.300
Prev Close
2.200
High
2.300
Low
2.120
Volume
10.43K
Avg Vol (3M)
9.19K
52 Week High
6.28
52 Week Low
1.792
% Turnover
0.05%
Market Cap
45.04M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Dunxin Financial Holdings Limited, formerly China Xiniya Fashion Limited, is a microfinance lending company. The Company primarily provides loans to individuals, small and medium-sized enterprises. On December 28, 2017, the Company closed the CIB Transaction Agreement with True Silver Limited (True Silver), a British Virgin Islands company, and Honest Plus Investments Limited (Honest Plus), pursuant to which the Company agreed to acquire all of the issued and outstanding shares of True Silver owned by Honest Plus. The Company operates its microfinance lending business through its wholly owned subsidiaries, True Silver, via the variable interest entity (VIE) structure, operates and consolidates 80% of the financial results of Hubei Chutian Microfinance Co., Ltd. (Chutian), which is a China-based company engaged in the lending of small loans to customers.
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