To: Finance Section Editors/Reporters
[For immediate release]

Credit China Appoints Dr. Ou Minggang as
Independent Non-executive Director

(9 October 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 Dr. Ou Minggang has been appointed as an independent non-executive Director, a member of each of the nomination committee, the remuneration committee and the audit committee of the Company with effect from 8 October 2015.

Dr. Ou Minggang is currently a director of International Finance Department and International Finance Research Institute of China Foreign Affairs University and has been teaching in China Foreign Affairs University since 2002. He was a visiting scholar of Brunel University London in 2011, and was awarded a bachelor's degree in Economics from Zhongnan University of Economics and Law in 1989, a master's degree in Economics from Hunan University in 1999, and a doctorate in Economics from the Chinese Academy of Social Sciences in 2002.

Mr. Li Mingshan, Chairman of Credit China, said, "The Group would like to extend its warmest welcome to Dr. Ou Minggang for joining the Board. Dr. Ou is a top economist that has every qualification and specialty to help improve the framework of the Board, further enhance the corporate governance and promote the growth of the Group."

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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) Online Third-party Payment; 2) P2P Housing Loans; 3) Online P2P Loans; 4) Real Estate Collateralised Loans; and 5) Online Micro-finance.

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