Xu Dunxin

Dunxin Financial Holdings Announces Pricing of $1.09 Million Registered Direct Offering

Retrieved on: 
Wednesday, July 26, 2023
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Under the terms of the securities purchase agreement, the Company has agreed to sell 1.09 million ADS at a price of $1.00 per ADS.

Key Points: 
  • Under the terms of the securities purchase agreement, the Company has agreed to sell 1.09 million ADS at a price of $1.00 per ADS.
  • The gross proceeds to the Company from the registered direct offering are estimated to be $1.09 million, before deducting the placement agent's fees and other estimated offering expenses.
  • The offering is expected to close on or about July 28, 2023, subject to the satisfaction of customary closing conditions.
  • The offering is being made only by means of a prospectus supplement and accompanying prospectus.

Dunxin Financial Holdings Limited Announces Planned ADS Ratio Change

Retrieved on: 
Saturday, July 15, 2023
DXF, NYSE American, Sale, Tax, Xu Dunxin, NYSE, ADS, Security (finance)

ADS holders of record on the effective date will need to surrender their ADS to the depositary bank for cancellation and exchange in connection with the ADS ratio change, with further details to be provided in the notice by the depositary bank.

Key Points: 
  • ADS holders of record on the effective date will need to surrender their ADS to the depositary bank for cancellation and exchange in connection with the ADS ratio change, with further details to be provided in the notice by the depositary bank.
  • As of the effective date for the ADS ratio change, DXF's ADSs will continue to be traded on the NYSE American under the symbol "DXF".
  • No fractional new ADSs will be issued in connection with the change in the ADS ratio.
  • As a result of the change in the ADS ratio, the ADS price is expected to increase proportionally, although the Company can give no assurance that the ADS price after the change in the ADS ratio will be equal to or greater than the ADS price on a  proportionate basis.

Dunxin Financial Holdings Limited Makes NYSE American Section 610(b) Public Announcement

Retrieved on: 
Wednesday, July 12, 2023
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WUHAN, China, July 11, 2023 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises ("SMEs") in Hubei Province, China, today announced that, as disclosed in its Annual Report on Form 20-F for the year ended December 31, 2022, as amended, filed on May 15, 2023 with the Securities and Exchange Commission, the audited financial statements for the year ended December 31, 2022 included in the Form 20-F contained an audit opinion from its independent registered public accounting firm, which included a going concern emphasis of matter paragraph.

Key Points: 
  • WUHAN, China, July 11, 2023 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises ("SMEs") in Hubei Province, China, today announced that, as disclosed in its Annual Report on Form 20-F for the year ended December 31, 2022, as amended, filed on May 15, 2023 with the Securities and Exchange Commission, the audited financial statements for the year ended December 31, 2022 included in the Form 20-F contained an audit opinion from its independent registered public accounting firm, which included a going concern emphasis of matter paragraph.
  • This announcement is made pursuant to NYSE American Company Guide Section 610(b), which requires separate public announcement of the receipt of an audit opinion containing a going concern paragraph.
  • This announcement does not represent any change or amendment to the Company's consolidated financial statements or to its Annual Report on Form 20-F for the year ended December 31, 2022.

Dunxin Financial Holdings Limited Files Annual Report on Form 20-F for Fiscal Year 2022

Retrieved on: 
Friday, May 26, 2023
DXF, NYSE American, Security (finance), ADS, Annual report, Xu Dunxin, NYSE, Special-purpose acquisition company, Bank statement, Cryptocurrency

WUHAN, China, May 26, 2023 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises ("SMEs") in Hubei Province, China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission ("SEC") on May 15, 2023, as amended.

Key Points: 
  • WUHAN, China, May 26, 2023 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises ("SMEs") in Hubei Province, China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission ("SEC") on May 15, 2023, as amended.
  • 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 [email protected].

Dunxin Financial Holdings Announces Notification of NYSE American Continued Listing Deficiency

Retrieved on: 
Friday, March 10, 2023
Letter, The, NYSE American, Xu Dunxin, DXF, Exchange, NYSE, Security (finance)

WUHAN, China, March 10, 2023 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises ("SMEs") in Hubei Province, China, today announced that it had received a deficiency letter ("Letter") from NYSE American LLC ("NYSE American" or the "Exchange") on March 6, 2023 stating that the Company is not in compliance with the continued listing standards as set forth in Section 1003(f)(v) of the NYSE American Company Guide ("Company Guide").

Key Points: 
  • WUHAN, China, March 10, 2023 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises ("SMEs") in Hubei Province, China, today announced that it had received a deficiency letter ("Letter") from NYSE American LLC ("NYSE American" or the "Exchange") on March 6, 2023 stating that the Company is not in compliance with the continued listing standards as set forth in Section 1003(f)(v) of the NYSE American Company Guide ("Company Guide").
  • The Company intends to regain compliance with the NYSE American's continued listing standards by undertaking a measure or measures that are for the best interests of the Company and its stockholders.
  • Additionally, the Letter does not result in the immediate delisting of the Company's common stock from the NYSE American.
  • The Company is actively engaged in discussions with the Exchange and is developing plans to regain compliance with the NYSE American's continued listing standards within the cure period.

Dunxin Financial Holdings Limited Reports Financial Results for the First Six Months of 2022

Retrieved on: 
Wednesday, September 28, 2022
People, Securities Exchange Act of 1934, Property Owned by the Central People's Government in the Hong Kong Special Administrative Region, Income, World, Workforce, Infection, COVID-19, ADS, China Banking Regulatory Commission, NYSE, Federal Reserve, World Health Organization, U.S. Securities and Exchange Commission, Company, News, Directorate-General for Economic and Financial Affairs, Industry, H.10, COVID, SME, Disinfectant, Vaccine, Terminology, Translation, RMB, Bloomberg L.P. v. Board of Governors of the Federal Reserve System, Private Securities Litigation Reform Act, NYSE American, Collection, Board, District court, Association, DXF, Xu Dunxin, Mission statement, Bank, Cryptocurrency, Health insurance, Pharmaceutical industry, Life insurance, Real estate, Insurance, Renminbi

WUHAN, China, Sept. 28, 2022 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises ("SMEs") in Hubei Province, China, today announced its unaudited financial results for the first six months of 2022.

Key Points: 
  • WUHAN, China, Sept. 28, 2022 /PRNewswire/ -- Dunxin Financial Holdings Limited ("Dunxin" or the "Company") (NYSE American: DXF), a licensed microfinance lender servicing individuals and small and medium enterprises ("SMEs") in Hubei Province, China, today announced its unaudited financial results for the first six months of 2022.
  • The unaudited consolidated financial statements and other financial information included in this press release have been stated in Renminbi ("RMB") unless otherwise indicated.
  • Earnings per American Depositary Share ("ADS") was US$0.35 in the first six months of 2022 compared to US$0.52 in the same period of the prior year.
  • Interest expenses on loans increased to RMB10.0million (US$1.5million) for the first six months of 2022from RMB9.5 million in the same period of the prior year.

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

Retrieved on: 
Monday, May 16, 2022
Special-purpose acquisition company, Company, SME, Private Securities Litigation Reform Act, U.S. Securities and Exchange Commission, Annual report, Goal, Mission statement, Review, ADS, DXF, Form 20-F, NYSE, Forward-looking statement, Technology, Xu Dunxin, SEC, Growth, Security (finance), Public relations, Metaverse

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 endedDecember 31, 2021with the Securities and Exchange Commission ("SEC") onMay 2, 2022.

Key Points: 
  • 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 endedDecember 31, 2021with the Securities and Exchange Commission ("SEC") onMay 2, 2022.
  • The annual report can be accessed on the SEC's website athttp://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.
  • The Company undertakes no obligation to publicly revise these forwardlooking statements to reflect events or circumstances that arise after the date hereof.

Dunxin Financial Holdings Limited to Hold Annual General Meeting on December 30, 2021

Retrieved on: 
Thursday, December 9, 2021
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WUHAN,China, Dec. 9, 2021 /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 that it will hold its annual general meeting ("AGM") of shareholders on Thursday, December 30, 2021 at 9:00 a.m., Beijing time.

Key Points: 
  • WUHAN,China, Dec. 9, 2021 /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 that it will hold its annual general meeting ("AGM") of shareholders on Thursday, December 30, 2021 at 9:00 a.m., Beijing time.
  • The purpose of the AGM is for the Company's shareholders to elect and appoint two directors, namely Qi Chen and Weitao Liang.
  • Dunxin has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2020, with the U.S. Securities and Exchange Commission.
  • Dunxin Financial Holdings Limited is a licensed microfinance lender serving individuals and SMEs in Hubei Province, China.