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Dunxin Financial Holdings Limited Announces Management Changes
DXFXINIYA(DXF) Prnewswire·2024-09-25 15:08

Company Overview - Dunxin Financial Holdings Limited is engaged in real estate operation management and investment, as well as digital technology security business in Hong Kong, China [3] - The company was previously a licensed microfinance lender but has suspended loan offerings since 2020 [3] Leadership Changes - Mr. Longwen (Stanley) He has been appointed as the new Chief Executive Officer and Chairman of the Board of Directors [1] - Mr. Siyuan Xu has been appointed as a director of the Board and is currently leading the real estate operation business line [1] Strategic Focus - The company views real estate operation management and investment as a new main business line, believing it is a favorable time for global real estate investment due to economic recovery and increased consumption levels [2] - The application of digital technology is expected to enhance efficiency and operating income in real estate operations, contributing to stable cash flow for the company [2] - Mr. Xu's experience in real estate operations, mergers and acquisitions, and cross-border operations is anticipated to accelerate the expansion of the company's real estate business [2]