Zhitong Finance APP News，China Huirong(01290)Make an announcement，on January 15, 2019，Huifang Investment Limited, a wholly-owned subsidiary of the Company, was granted a money lender's license under the Money Lenders Ordinance, Chapter 163 of the Laws of the Hong Kong Special Administrative Region, China。
Given that Huifang Investment Co., Ltd. was granted the license，The group plans to start providing financing services in Hong Kong，To pursue opportunities in Hong Kong’s financial market and realize the group’s plans to expand its business scope beyond China。It is reported that，The group is committed to providing mortgage loans to its customers、credit loan、Internet matching lending business financing platform and other financial services，and conduct investment business。
The Group operates in Suzhou City and four county-level cities under the jurisdiction of the Suzhou Municipal Government.(or Suzhou city)business，Suzhou is the most economically developed region in Jiangsu Province.。The Group has established、Established branches in Hefei and Wuhan to expand its business to Sichuan、Anhui and Hubei Province。
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