China Lending Corporation Announces Executive Changes
March 28, 2019 at 06:32 am EDT
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On March 22, 2019, Mr. ZHOU Quan resigned as a Vice President and director of China Lending Corporation. Mr. ZHOU’s resignation did not result from any disagreement with the Company. On March 26, 2019, Mr. LIU Zhigang was appointed to fill the vacancy as a director of the Company created from Mr. ZHOU’s resignation and to serve as the Company’s new Vice President. Mr. LIU has held numerous positions in sales and marketing with various companies in the PRC. Before joining the Company, he was a vice precedent (sales) of Wei Zhi Information Technology (Shanghai) Co. Ltd., a company in the computer software industry. He was responsible for the management of sales in the PRC . He was a vice president (sales) of Shanghai Ai Hui Ke Information Technology Co. Ltd., a company in the internet industry, from January 2017 to January 2018, responsible for sales strategy and management. He was a vice president (marketing) of Beijing Yuan Niao Technology Co. Ltd., a company in the internet industry, from December 2014 to January 2017. On March 25, 2019, Mr. DU Xiangyang resigned as a Company director and Chairman of the Compensation Committee. Mr. DU’s resignation did not result from any disagreement with the Company. On March 26, 2019, Mr. Mr. XU Yiguo was appointed to fill the vacancy as a director of the Company created from Mr. DU’s resignation and to serve as the Chairman of the Compensation Committee. Mr. XU is the Secretary General of the National Institution for Finance and Development, the Dean of the Finance Faculty of the Graduate School of Chinese Academy of Social Sciences, the Deputy Director of the Finance Policy Research Centre of the Chinese Academy of Social Sciences and the Secretary General of Beijing CBD International Finance Research Academy. He writes extensively on finance policies and conducts researches in various topics.
Roan Holdings Group Co., Ltd., formerly China Lending Corporation, is engaged in providing loan facilities to micro, small and medium sized enterprises (MSMEs), and proprietors in the Xinjiang Uyghur Autonomous Region (Xinjiang Province) of the Peopleâs Republic of China. The Company offers loans to industries, including commerce, service, supply chain finance, manufacturing, real estate, mineral and energy, and others. Its subsidiaries include Adrie Global Holdings Limited (Adrie), Feng Hui Ding Xin (Beijing) Financial Consulting Co., Limited (Consulting) and Xinjian Feng Hui Jing Kai Direct Lending Limited (XWFOE). Adrie is a holding company that has no operations and no assets, and has ownership in Feng Hui Financial Group. Consulting is engaged in the business of providing risk management-related financial consulting services to third-party direct lending companies in China. XWFOE is focused on providing direct loans to MSMEs and proprietors in Xinjiang Province.