BEIJING, Jan. 31, 2018 /PRNewswire/ -- China Internet
Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the
"Company"), a leading financial advisory services company, today
announced that Beijing Anytrust Science & Technology Co., Ltd.
("Anytrust"), a wholly-owned subsidiary of the Company, has signed
a cooperation agreement (the "Agreement") with Zhonghuhang
(Beijing) Information Technology
Co., Ltd. ("ZHH") to develop an Overseas Student Registration
System and provide comprehensive consulting services for the Convey
Project. The Convey Project is a national-level public welfare
project jointly launched by the China Children and Teenagers' Fund
(the "CCTF") and ZHH with the goal of providing assistance in
education, safety, housing, medical, insurance, financing, legal,
and employment, etc. for the millions of Chinese students who are
currently studying or have previously studied
abroad.
Pursuant to the Agreement, Anytrust will be the exclusive
developer responsible for the design, development, testing,
implementation and maintenance/support of an overseas student
registration platform for the Convey Project. The two parties also
agreed to jointly develop new products and services in the areas of
big data, artificial intelligence and blockchain relating to the
Convey Project.
Jianxin Lin, Chairman and Chief
Executive Officer of CIFS, commented, "We are very proud to be part
of the Convey Project, an important public welfare project that is
set to benefit the millions of Chinese students who are currently
studying or have previously studied abroad. The Agreement also
marked the first major business development contract for our newly
acquired subsidiary, Anytrust, following its public beta release of
AnyInfo, a vertical search engine and big data platform for
enterprises, last week."
About the Convey Project
The Convey Project is a national-level public welfare project
jointly launched, organized and carried out by the China Children
and Teenagers' Fund (the "CCTF") and Zhonghuhang (Beijing) Information Technology Co., Ltd.
("ZHH"). The goal of the project is to provide assistance in in
education, safety, housing, medical, insurance, financing, legal,
and employment, etc. for the millions of Chinese students who are
currently studying abroad or have previously studied abroad.
Strategic partners of the Convey Project include Beidou
(Chongqing) Science &
Technology Group, Air China, and CITIC Prudential Life Insurance,
etc. Since 1981, CCTF has been striving for the education and
welfare of Chinese children and teenagers under the governance of
the All China Women's Federation.
About China Internet Nationwide Financial Services
Inc.
Incorporated in 2014 and headquartered in Beijing, China Internet Nationwide Financial
Services Inc. provides financial advisory services, including
commercial payment advisory, intermediary bank loan advisory, and
international corporate financing advisory, to meet the financing
and capital needs of its clients, comprised largely of
small-to-medium sized enterprises. Beijing Anytrust Science &
Technology Co., Ltd. ("Anytrust") is a wholly owned subsidiary of
CIFS focusing on providing data infrastructure design, big data
access and analytics, and document automation for enterprises and
government agencies in China. For
more information about the CIFS and Anytrust, please visit
www.cifsp.com or
www.anytrust.cn.
Forward Looking Statements
This news release contains "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates" and similar
statements. All statements other than statements of historical fact
in this press release are forward-looking statements and involve
certain risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements.
These forward-looking statements are based on management's current
expectations, assumptions, estimates and projections about the
Company and the industry in which the Company operates, but involve
a number of unknown risks and uncertainties, Further information
regarding these and other risks is included in the Company's
filings with the U.S. Securities and Exchange Commission. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and actual
results may differ materially from the anticipated results. You are
urged to consider these factors carefully in evaluating the
forward-looking statements contained herein and are cautioned not
to place undue reliance on such forward-looking statements, which
are qualified in their entirety by these cautionary
statements.
INVESTOR RELATIONS:
China Internet Nationwide Financial Services Inc.
Email: ir@cifsp.com
Phone: +86 10 8587 8166
Tony Tian, CFA
Weitian Group LLC
Email: tony.tian@weitian-ir.com
Phone: +1 732 910 9692
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SOURCE China Internet Nationwide Financial Services Inc.