The Highest in the Consumer Credit Sector
Hong Kong, Jan 22, 2015 - (ACN Newswire) - Differ Group Holding Company Limited ("Differ Group" or the "Group") (stock code: 8056), a leading provider of short to medium-term financing and financing-related solutions in China, ranks 11th in the 2015 list of "China's Top 100 Most Promising Listed Companies" compiled by Forbes, the highest ranked company in the consumer credit sector.
Forbes has evaluated small and medium-sized listed companies with major operations in Mainland China and revenue ranging from RMB10 million to RMB1 billion in 2013 and based on growth indicators (revenue growth rate and net profit growth rate), profit indicators (margins), return indicators (total assets return and net assets return) and scale indicators (revenue scale and net profit scale) in order to rank the 100 best performers with high growth potential. Listed on the Hong Kong Stock Exchange in late 2013, Differ Group's rapid and steady business growth has vaulted it among the top companies on the list. The Group has issued a positive profit alert this month as its net profit is expected to increase by more than 80% for the year ended 31 December 2014 when compared to last year, mainly attributable to the remarkable business growth of its financial consultation service and entrusted loan service businesses.
Mr. Hong Mingxian, Chairman of Differ Group, said, "We are pleased to gain the recognition and affirmation from the internationally renowned publication on the Forbes "China's Top 100 Most Promising Listed Companies 2015." We have confidence in the prospects of China's loan industry and are poised to capture new opportunities presented by policies favourable to the financial industry in China. The Group will continue to strengthen the foundation of its existing financing and consultation service businesses in order to maintain its strong growth momentum. Our new distressed asset management business is expected to deliver a satisfactory performance. Currently, we strive to develop new businesses such as P2P loans and internet micro-financing to lay a solid base for our long-term development."
About Differ Group Holding Company Limited
Headquartered in Xiamen, Differ Group mainly provides short to medium-term financing and financing-related solutions to SMEs. The Group mainly provides five types of financing services, including (1) financial guarantee, (2) pawn loan, (3) finance lease, (4) entrusted loan and (5) financial consultation services. The Group has commenced its distressed asset management business in January 2015. The Group has continued to report remarkable business results. In the first three quarters of 2014, its turnover rose by approximately 64% year-on-year and net profit soared by 99%. The Group is seeking to develop new businesses such as P2P loans, internet microfinance and asset management to broaden its income stream. Differ Group was listed on the GEM of the Stock Exchange of Hong Kong on 9 December 2013. Please visit its website: http://www.dfh.cn/.
Source: Differ Group Holding Company Limited
Contact:
Strategic Financial Relations Limited Heidi So +852 2864 4826 heidi.so@sprg.com.hk Joanne Lam +852 2864 4816 joanne.lam@sprg.com.hk Agnes Luo +852 2864 4851 agnes.luo@sprg.com.hk Fax: +852 2804 2789 / 2527 1196
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