WUHAN, China, Jan. 10, 2022 /PRNewswire/ -- In Metaverse
industry, artificial intelligence computing power infrastructure
becomes important strategy deployment and key content of "New
Infrastructure" under the new development paradigm. The investment
in new computing power infrastructure meets the requirement s of
global social economy development and transition. It plays
important role in promoting the implement of artificial
intelligence strategy, energizing of real economy transition,
enhancing the society governance and promoting the cultivation of
professionals in artificial intelligence and engineering technology
industries.
During the process of business transition into Metaverse
industry, DXF works carefully and make steady progress by
consolidation of industry foundation and integration of industry
and finance. We start from infrastructure and hardware and dedicate
to create Metaverse ecology with independent R&D and innovation
capabilities. We plan to press fast moving button for our business
transition by setting up "Computing Power Investment Fund" with
overseas and domestic well-known financial institutions and
individual investors. The total investment is around RMB1 billion.
The main functions and applications of DXF's artificial
intelligence computing power centre include:
- Powerful real-time computing and processing. It may provide
users with unobstructed network access and browse, such as webpage
browse, video entertainment, online game, online payment, etc.
- Large-scale data computing. Huge load of data computing is
backed by powerful computing power resources, such as distributed
computing of block chain, cloud services and computing, scientific
research and computing, etc.
- Cold data business, such back-up storage, data transfer,
etc.
Artificial Intelligence Computing Power Centre of DXF is
expected to be located in Hong
Kong and some overseas regions and start to operation in
next 3-5 years.
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 listed in New York stock
exchange, we strategically consider and plan main business
transition. In the past two years, we conducted deeply research and
analyze over 200 projects in medical health, bio-pharmaceuticals,
cold chain logistics, big data and block chain industry. In 2021,
we decided to focus our attention to Metaverse industry. By ways of
investment, merge and acquisition, integration of resources and
energizing of business management, we execute our planning and
rapidly step into Metaverse industry.
After its business transition, the Company will develop block
chain, NFT digitalization and be involved 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