WUHAN, China, Dec. 1, 2021 /PRNewswire/ -- On November 25, 2021, Dunxin Financial Holdings Co.,
Ltd. $Dunxin Financial (DXF.US)$ (hereinafter referred to as
"Dunxin Financial" or "Company") to promote the acceleration of the
transformation progress, and assist the construction of the
platform of DXF Finance in Metaverse, Dunxin Financial CEO
Ricky Wei with the company's
executives inspected and investigated Shanghai Ba Yu Culture
Technology Co., Ltd. (hereinafter referred to as "Ba Yu Culture").
Dunxin Financial and Ba Yu Culture reached a strategic cooperation
in the transformation and development of intellectual property
digital operations.
About Shanghai Ba Yu Culture Technology Co., Ltd.
Shanghai Ba Yu Culture Technology Co., Ltd. was established on
July 20, 2018. It is an Internet
technology company focusing on big data services in the press and
publishing industry. It belongs to the DCG Digital Transmission
Group. Its business covers parts of the country and overseas. It
has branches in Beijing,
Shanghai, Chongqing, Wuhan and other places.
Ba Yu Culture is committed to the digital transformation and
upgrading of big data services in the press and publishing industry
and the media industry, creating a digital content profit model
with content providers as the main business value, changing the way
users acquire and disseminating knowledge, and leading China's press and publishing Internet +
upgrade Replacement and industry development direction. At present,
the group has nearly 200 employees, most of whom are senior
publishing, Internet, and software research and development
personnel, and have a complete independent research and development
system. They have rich research results in mobile Internet
technology, storage technology, data mining, and publishing
integration. It also cooperates with a number of large publishing
and media groups to undertake a number of national scientific
research projects such as the National Science and Technology
Support Plan, and has strong business model planning capabilities,
independent technology research and development capabilities,
training and operation and maintenance capabilities in the field of
digital communication.
Shi Qiming, Managing Director of Ba Yu Culture introduced
classic service cases in the field of copyright, and introduced how
Ba Yu Culture provides project registration, right confirmation
evaluation, digital content production, and project promotion
through scientific and technological elements such as big data,
artificial intelligence, and blockchain technology. , Business
operations and other services; based on blockchain logic, the
company's technical team demonstrated the right tracking system and
introduced current cases of cooperation with cultural creators.
Advanced digital tool system could deeper access to copyright
services, supplement copyright service functions, and improve the
service chain.
Ricky Wei, President of Dunxin
Financial: "Highly appreciate Ba Yu Culture and Technology. The two
parties have reached a preliminary cooperation consensus on the
above content, and plan to promote the future strategic cooperation
in the transformation and development of intellectual property
digital operations."
About Dunxin Financial
Dunxin Financial, established in March
2013 with headquarter in Wuhan,
China, is an innovative fintech company originally engaged
in business of providing loan facilities to micro sized enterprise
and individuals. After its business transition, the Company will
develop block chain, NFT digitalization and be in volved in the
Metaverse business.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of 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," "to be," "expects,"
"anticipates," "believes," "estimates," or similar expressions,
involve known and unknown risks and uncertainties. Such statements
are based upon management's current expectations and current market
and operating conditions, and relate to events that involve known
or unknown risks, uncertainties and other factors, all of which are
difficult to predict and many of which are beyond Dunxin
Financial's control, which may cause Dunxin Financial's actual
results, performance or achievements to differ materially from
those in the forward-looking statements. Actual results or events
may differ from those anticipated or predicted in this press
release, and the differences may be material. Further information
regarding these and other risks, uncertainties or factors is
included in Dunxin Financial 's filings with the U.S. Securities
and Exchange Commission. Dunxin Financial does not undertake any
obligation to update any forward-looking statement as a result of
new information, future events or otherwise, except as required
under applicable law.
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SOURCE Dunxin Financial Holding Limited