Development Strategy of Shanghai Hengyuan Financial Information Service Co., Ltd.

On September 14, 10, Shanghai Hengyuan Finance and Xiangfeng Investment Holding Co., Ltd. formally signed a contract to formally complete the A round of financing. This shareholding in Xiangfeng Investment is a milestone in the development of Hengyuan Finance, which indicates that the development and potential of Hengyuan Finance in the field of Internet consumer finance have been recognized by the international capital market. Xiangfeng Investment has expressed great significance to Hengyuan Finance's Internet consumer finance industry and its leading position in the industry. The success of this financing is an extremely important part of the development strategy of Hengyuan Financial Enterprise, which indicates that Hengyuan Finance has taken another solid step to become the first brand in the Internet consumer finance industry.