China Lending Corporation Announces Management Changes
August 08, 2016 at 06:31 am EDT
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On August 5, 2016, Mr. Zhang Jianfeng was appointed to fill a vacancy as a director of China Lending Corporation created from Ms. Qi Wen resignation as the Chairwoman and director of the company on that same date. In connection with the same, Ms. Li Jingping, the company’s current President, Chief Executive Officer and Director, will assume the role of Chairwoman of the company. Ms. Qi Wen resigned from the board to pursue other business opportunities and not as a result of any dispute or disagreement with the company. Mr. Zhang Jianfeng was appointed as Managing Director of Urumqi Feng Hui Direct Lending Limited in 2014, legal representative of Feng Hui Ding Xin (Beijing) Financial Consulting Co., Limited in 2015, and General Manager of Consulting in 2016. Prior to joining Feng Hui, Mr. Zhang was the Assistant Chairman for Xinjiang Shengxiong Energy Co. Ltd. from 2010-2014. Prior to this, Mr. Zhang held management positions with Shenzhen Huaixin Corporate Investment Advisor Co. Ltd., Stone Securities, and China Everbright Bank Securities.
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.