Credit China to Raise HK$600 Million by Placing for Further Deepening Its Internet Finance Services

Date: 30 September, 2015To: Finance Section Editors/Reporters[For immediate release]Credit China to Raise HK$600 Million by Placing forFurther Deepening Its Internet Finance Services

(30 September 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 entered into a Placing Agreement with Sheng Yuan Securities Limited, whereby an aggregate of up to 308 million new shares will be placed to the Placees at the price of HK$1.95 per Placing Share, representing approximately 9.24% of the total existing issued share capital of the Company. The proceeds from the placing amount to approximately HK$600 million.

Mr. Li Mingshan, Chairman of Credit China, said, "Through placing, the Group intends to apply the proceeds for the purpose of financing future business development and possible acquisition(s) in the internet financing business, and the deal is in the interests of the Group and shareholders as a whole."

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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.

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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