Date: 26 July 2015
To: Business Editor/ Reporter
[For Immediate Release]

Credit China and Jilin Jiutai Bank
Enter into Strategic Collaboration on Internet Finance

(26 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 financing service provider in China, announced to enter into a non-legally binding memorandum of understanding with Jilin Jiutai Rural Commercial Bank Co. Ltd. ("Jilin Jiutai"), for a potential strategic partnership whereby the Group will assist Jilin Jiutai with establishing an online banking payment and processing platform.

Jilin Jiutai Rural Commercial Bank Co., Ltd. is a banking financial institution. It is the first rural commercial bank in the Northeast China, which was established in December 2008. It currently has 49 branches and one business department, and has established 26 rural banks and three rural commercial banks, both wholly-owned or through majority holdings, across nine provinces in China. It is currently a leading rural commercial bank in terms of asset size with the most extensive branch network coverage in the Northeast China.

Mr. Phang Yew Kiat, vice-chairman and chief executive officer of Credit China, said, "Jilin Jiutai is the largest rural commercial bank in the Northeast China while Credit China is a leading player in internet finance. It is believed that both parties will benefit from this partnership. The Group will assist Jilin Jiutai in the establishment of a payment platform, and will also provide online payment and settlement services to the bank's clients. Meanwhile, both parties will mutually refer high quality SMEs clients for providing loan service. Leveraging on Jilin Jiutai's excellent branch network, the strategic collaboration will enable us to enhance market share in internet finance, extend our geographical coverage to the Northeast China, and strengthen our leading position 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.

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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
Fax: (852) 2583 9138
E-mail: creditchina@prasia.net