English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 20 April 2017, 18:47 HKT/SGT
Share:
Flying Financial Entered into Strategic Cooperation Agreement with Bank of Shanghai
Strengthen the Advantages of Online Financial Service Platform; Expand Financial Service Offerings

HONG KONG, Apr 20, 2017 - (ACN Newswire) - Flying Financial Service Holdings Limited (Stock Code: 8030.HK) ("Flying Financial" or "Company" and its subsidiary companies called "Group") was pleased to announce that on 18 April, 2017, the Company and Shenzhen Branch of the Bank of Shanghai (in English for identification purpose only, Shenzhen Branch of the Bank of Shanghai) ("Bank of Shanghai") entered into the strategic cooperation agreement ("Strategic Cooperation Agreement"), pursuant to which the parties shall cooperate to form a strategic alliance in developing various financial services for a term of three years.

According to the Strategic Cooperation Agreement, Bank of Shanghai shall treat the Company as its strategic cooperation partner at branch level, establish a team of personnel for the Company, also make use of its resources and advantages to develop associated financial products for the Company and formulate customized financial service plan for the Company to support its development. The cooperation between the Company and Bank of Shanghai covers areas on financing of online spending, online financial management services, online payment, joint sales and marketing, clearing and settlement services, grant of syndicate credits and other related financial services.

The management believes that entering into the Strategic Cooperation Agreement with Bank of Shanghai represents an opportunity to the Group to expand its financial service offerings for its online financial service platform. Through its cooperation with the Bank of Shanghai, which is a well-established financial institution in the People's Republic of China with strong financial resources, the Group expects that the demand for its financial products and services would increase, which may bring returns to the shareholders of the Company.

About Flying Financial Service Holdings Limited
Flying Financial was listed in Hong Kong Growth Enterprise Markets. Over years' resource accumulation, the company business covered asset management, internet financing, financial consultation, real estate fund, finance lease and pawn loans (short-term financing). Currently, the Company put a great effort in providing supply chain financial services for the whole chain of real estate industry through launching financial services and products and setting up an innovative and customized platform covering the entire industrial chain. We also provide our enterprises/ individual clients of financing business and investors with convenient one-stop financial services with our leading model of (Internet + Finance + Real Estate).

The Group is committed to the research and development of Internet finance, strategic share participation and independent application for Internet finance-related licenses. The Group will build a real-estate-based coverage of the whole industry chain of financial services chain, covering all types of business and product models.


Topic: Press release summary
Sectors: Daily Finance, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2017 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 
Multimedia
Left to right: Mr. Zheng Weijing, Chairman of Flying Financial Service Holdings Limited, Mr. Xiao Rong, Vice-president of Shenzhen Branch of Bank of Shanghai
View Image
 
Ceremony of Signing the Strategic Cooperation Agreement
View Image
 

Latest Press Releases
Gemalto preliminary first semester results and 2017 outlook revision  
July 22, 2017 02:30 HKT/SGT
C.banner to Purchase 45.78% of the Issued Share Capital of EtonKids Educational Group  
July 21, 2017 21:13 HKT/SGT
China Gas an Honored Company in the "2017 All-Asia Executive Team" by Institutional Investor  
July 21, 2017 19:15 HKT/SGT
NEC to Revise Business Segments   
July 21, 2017 18:36 HKT/SGT
Inaugural Hong Kong Sports and Leisure Expo Opens  
July 21, 2017 17:30 HKT/SGT
Gemalto's remote subscription management solution helps Lenovo customers be always connected  
July 21, 2017 13:00 HKT/SGT
Gemalto offers El Corte Ingles store card holders an easy route to Samsung Pay  
July 21, 2017 13:00 HKT/SGT
Toyota to Showcase at Automobile Council 2017  
July 21, 2017 12:53 HKT/SGT
Toyota Motor Thailand Reaffirms Commitment to Development of Thai Automotive Industry  
July 20, 2017 18:30 HKT/SGT
Hong Kong Book Fair Examines Publishing Challenges  
July 20, 2017 18:00 HKT/SGT
More Press release >>
Copyright © 2017 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 5791 1818

Connect With us: