About MOMENTUM FIN Company

Zhengqian Financial Holdings Limited (“Zhengqian Holdings” or the “Group”) was established in 1995 and listed on the main board of the Hong Kong Stock Exchange on October 28, 2011, with stock code 1152. It mainly engages in financial leasing business. In the early days of its establishment, Zhengqian Holdings was engaged in the textile and garment business. Since then, in view of the changes in the textile industry's business environment, management implemented a strategic transformation in 2014 to launch a promising financial leasing business in China to seize its huge market development potential and expand the Group's business scope and revenue sources. With its background as an international financing platform in Hong Kong, China, Zhengqian Holdings is actively developing China's financial leasing business network through its subsidiaries Shanxi Warwick Financial Leasing Co., Ltd. (“Shanxi Warwick”) and Rongyuan Financial Leasing (Shanghai) Co., Ltd. (“Shanghai Rongyuan”), striving to provide innovative and professional financial leasing services to domestic SMEs, and is determined to become a leading professional financial leasing company in China. Zhengqian Holdings is also involved in the trading of metal products and nutritional food products. China's gross domestic product has experienced relatively rapid growth over the past few years, mainly due to various infrastructure and property development plans in many Chinese cities. Looking ahead to the near future, the market anticipates that consumption of various consumer goods will not slow down. This is because the market believes that the Chinese government will promote economic development through the construction of various infrastructures to cope with the downturn in the economy. Furthermore, China is one of the largest and most innovative retail e-commerce markets in the world. According to a study by a well-known investment bank, the share of online retail sales in China is expected to rise from 16% in 2017 to 25% in 2020. China's online retail market will reach $1.7 trillion by 2020, more than double its current size. China's online retail market is expected to reach a double-digit compound annual growth rate. The expansion of the online retail market in China is mainly due to the expansion of online product categories, and is supported by the establishment of a national infrastructure system for same-day or next-day delivery services; and the Internet penetration rate of existing online product categories in relatively backward cities and rural areas will further increase; and the number of online buyers benefiting from a further increase. In view of the potential of China's online retail market, Zhengqian Holdings will continue to explore potential business opportunities in this field, especially those related to the Group's trade business. Therefore, the Group is planning to trade on the existing e-commerce platform (http://dly.nitago.com/)基础上作进一步发展及加强全方位渠道能力,定为未来的重要发展方向).