Report of Foreign Issuer (6-k)
December 26 2019 - 4:31PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For
the month of December 2019.
Commission
File Number 001-38172
CHINA
INTERNET NATIONWIDE FINANCIAL
SERVICES INC.
(Translation
of registrant’s name into English)
93
Jianguo Road, No. 6 Building,
11th
Floor
Chaoyang
District, Beijing, People’s Republic of China 100020
Telephone:
+86 010-5820389
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F [X] Form
40-F
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual
report to security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document
that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant
is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the
home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a
press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing
a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
On
December 24, 2019, China Internet Nationwide Financial Services, Inc. (the “Company”) entered into a non-binding letter
of intent with Jiangxi Lihong Construction Engineering Group Co., Ltd (“JXLH”) whereby JXLH and/or its affiliates
may sell to and/or contribute certain real estate assets, estimated at a residual value of $50,000,000, into the Company. The
consideration for each asset will be shares of the Company’s common stock. The parties will create a 6-12 month phased exit
plan for the Company’s existing assets and the entire transaction is subject to satisfactory due diligence and definitive
agreements.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: December 26, 2019
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CHINA INTERNET NATIONWIDE FINANCIAL
SERVICES INC.
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By:
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/s/
Jianxin Lin
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Name:
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Jianxin Lin
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Title:
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Chief Executive Officer
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