Date: 10 July, 2015
To: Finance Section Editors/Reporters
[For immediate release]

Credit China Completes Placing of New Shares for
Potential Acquisitions and Expansion of
Internet Finance Business

(10 July 2015, Hong Kong) Credit China Holdings Limited ("Credit China" or the "Company"; together with its subsidiaries, the "Group", stock code: 8207), the leading internet financial service provider in China, announced that the Group has completed the placing of an aggregate of approximately 94.11 million placing shares. The placing price of HK$1.70 per placing share was placed to Tandellen Group Limited and Mr. Zhao Chengfu, representing approximately 2.83% of the total issued share capital of the Company as enlarged by the issue. The net proceeds from the placing of approximately HK$157.5 million will be used for the Group's general working capital purposes and for the purpose of financing future business development and possible acquisition(s) in the internet financing business of the Group.

Mr. Phang Yew Kiat, vice-chairman and chief executive officer of Credit China, said, "As a well-established company with a first mover advantage in the internet finance industry, the Group is committed to seeking strategic partners that can bring values to our shareholders for the continued perfection of our online financing services. The placing this time will provide funds for the Group's potential mergers and acquisitions, so as to improve the functions of the existing platforms; accelerate the Group's market share growth and further strengthen the Group's leading role in the industry."

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About Credit China Holdings Limited (Stock code: 8207)
Credit China Holdings Limited listed on the Stock Exchange of Hong Kong in November 2010. It is also a leading integrated internet financing service provider targeting SMEs. Credit China provides comprehensive, fast and convenient short-term loans and financing solutions to SMEs and individuals. The major financing service areas are: 1) P2P Housing Loans; 2) P2P Automobile Loans; 3) Online Third-Party Payment; 4) Real Estate Collateralised Loans; 5) Micro-finance and 6) Finance Leasing.
Please subscribe to Credit China's HK wechat account to keep abreast of regular updates on the Group's business development.

Company website：www.creditchina.hk
Credit China's HK wechat account: creditchina8207
This press release is released by PR ASIA Consultants Limited, on behalf of Credit China Holdings Limited.
For more information or enquiries, please contact:
Lorraine Lam / Winnie Chan / Sam Choi
Tel: (852) 3183 0230 / 3183 0257 / 3183 0242
E-mail: creditchina@prasia.net