Shanghai Dongzheng Automotive Finance Co., Ltd. Announces Change of Principal Place of Business in Hong Kong, Effective December 1, 2022

Shanghai Dongzheng Automotive Finance Co., Ltd. is a China-based company mainly engaged in providing auto finance products and services for the purchase of luxury-brand cars. The Company and its subsidiaries operate business through two segments. The Retail Loan Facilitation segment is principally involved in the provision of retail loans and other financial service businesses for the purchase of vehicles by end customers. The Dealer Loan segment is mainly involved in providing loans to dealers. These loans are mainly used to purchase cars for sale to end customers.