Profile: China Internet Nationwide Financial Services Inc (CIFS.OQ)
22 Jul 2019
China Internet Nationwide Financial Services Inc (CIFS), incorporated on September 28, 2015, is a holding company. The Company is engaged in the business of providing financial advisory services small-to-medium sized enterprises (SMEs). The Company, through its subsidiaries offers commercial payment advisory services, international corporate financing advisory services and intermediary bank loan advisory services. The Company’s subsidiaries include Hongkong Internet Financial Services Limited (HKIFS), Beijing Yingxin Yijia Network Technology Co., Ltd (WFOE), Sheng Ying Xin (Beijing) Management Consulting Co., Ltd (Sheng Ying Xin or SYX), and Kashgar Sheng Yingxin Enterprise Consulting Co., Ltd. (Kashgar SYX).
Commercial payment advisory service provides commercial payment advisory services to its clients. International corporate financing advisory services help its clients obtain financing to support their overseas business development. It works with overseas and domestic banks to identify appropriate facilities for clients or their offshore affiliates. The overseas investments it help finance are typically made through offshore affiliates of its clients.
Intermediary bank loan advisory services help its clients (typically SMEs) obtain loan financing from PRC banks. The Company works with banks to help identify and negotiate loan financing packages for such clients. As of December 31, 2016, the Company provided bank loan advisory services to 17 clients, comprising 13 SMEs and 4 individuals in 19 loan financings.
China Internet Nationwide Financial Services Inc
93 Jianguo Road
No. 6 Building,, 11Th Floor,
BEIJING BEJ 100020