Profile: China Lending Corp (CLDC.OQ)
23 Apr 2019
China Lending Corporation, formerly DT Asia Investments Limited, incorporated on April 8, 2014, is engaged in the business of providing loan facilities to micro, small and medium sized enterprises (MSMEs), and proprietors in the Xinjiang Uyghur Autonomous Region (Xinjiang Province) of the People’s Republic of China. The Company offers loans to a range of industries, including commerce, which consists of wholesale and retail of various merchandises, such as steel products, automobiles, medical apparatus and instruments, construction materials, cotton products and tomato products; service, which consists of information technology/science and technology services, property realtors, bidding services, media, hospitality and restaurants, transportation and leasing service; supply chain finance, which includes production and distribution of small, medium and large tires; manufacturing, which consists of vehicle manufacturing, asphalt production, glass manufacturing, agricultural equipment manufacturing, alcohol processing, construction, ceramics processing, tungsten production and textile; real estate, which consists of property developers; agricultural, which includes cotton processing and sales, agricultural food processing industry, dairy products, fruit processing, agricultural science and technology, and tomato sales; mineral and energy, which includes coal mining and washing, oil and gas, ferrous metal mining and dressing, non-metallic mining and mineral sales, and others, which comprises transportation, education, fashion and environmental protection.
The Company's subsidiaries include Adrie Global Holdings Limited (Adrie), China Feng Hui Financial Holding Group Co., Limited (Feng Hui Financial Group), Feng Hui Ding Xin (Beijing) Financial Consulting Co., Limited (Consulting), Xinjian Feng Hui Jing Kai Direct Lending Limited (XWFOE) and Urumqi Feng Hui Direct Lending Limited (Feng Hui and together with XWFOE, the Lending Companies). Adrie is a holding company that has no operations and no assets, and has ownership in Feng Hui Financial Group. Feng Hui Financial Group is a holding company that has no operations and no assets, and has ownership in Consulting and XWFOE. Consulting is engaged in the business of providing risk management-related financial consulting services to lending companies, and to third-party direct lending companies in China. XWFOE and Feng Hui are focused on providing direct loans to MSMEs and proprietors in Xinjiang Province. XWFOE has not yet conducted any operating activities.
Feng Hui is engaged in both the traditional direct lending business and financial innovation, such as supply chain finance, in which Feng Hui provides financing for suppliers purchasing inventory from distributors. Feng Hui offers its supply chain finance to tire industry. Consulting is licensed to provide financial consulting services, such as loan origination criteria, risk assessment and loan monitoring in several metropolitan areas in China. Consulting offers big data credit risk analytics (CRA) platform, which provides credit rating and risk management solutions to clients within the Company, as well as other customers in the industry. Consulting also provides Feng Hui with business support, technical services and consulting services relating to its day-to-day business operations and management, on an exclusive basis.
China Lending Corp
Room 1102, 11/F., Beautiful Grou
77 Connaught Road Central
WULUMUQI XNJ 830000