Credit China Appoints Dr. Yin Zhongli as Independent Non-executive Director

To: Finance Section Editors/Reporters[For immediate release]Credit China Appoints Dr. Yin Zhongli asIndependent Non-executive Director

(11 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. Yin Zhongli has been appointed as an independent non-executive Director, and a member of each of the nomination committee, the audit committee and the remuneration committee of the Company.

Dr. Yin Zhongli is a deputy director of the Institute of Finance and Banking of Chinese Academy of Social Sciences, and an independent director of Guangbo Group Stock Co., Ltd. (stock code: 002103.SZ) and Beijing Jingxi Culture and Tourism Co., Ltd. (stock code: 000802.SZ). Dr. Yin obtained a doctorate degree in Agriculture and Forestry Economics and Management, and a Ph.D. degree in Agricultural Economics and Management from the Graduate House of Chinese Academy of Social Sciences in 2002 and 2003 respectively.

Mr. Li Mingshan, Chairman of Credit China, said, "The Group would like to extend its warmest welcome to Dr. Yin Zhongli for joining the Board as an independent non-executive Director. We believe that his seasoned experience in management will be fruitful to our corporate governance, which will help build a dedicated team for reacting to the fast-paced internet finance industry."

~ End ~

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