Dunxin Financial Holdings Closes Disposition

TL;DR

DXF closed a disposition deal involving its subsidiary True Silver Limited.

AI Summary

Dunxin Financial Holdings Limited announced the closing of a disposition on June 26, 2024. The disposition involved the company's wholly owned subsidiary, True Silver Limited, as the seller. Further details regarding the transaction were previously disclosed.

Why It Matters

This filing indicates a change in the company's asset structure, which could impact its financial performance and strategic direction.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a completed transaction with no immediate negative financial implications mentioned.

Key Players & Entities

• Dunxin Financial Holdings Limited (company) — Registrant
• True Silver Limited (company) — Wholly owned subsidiary and seller in the disposition

FAQ

Key Financial Figures

• $1 — nge for nominal cash consideration of US$1 (the " Purchase Price "). The transac
• $4 m — olders' equity equal to or greater than $4 million, which satisfies the continued li

Filing Documents

• dxf_6k.htm (6-K) — 11KB
• dxf_6kimg1.gif (GRAPHIC) — 33KB
• 0001477932-24-003880.txt ( ) — 57KB

From the Filing

dxf_6k.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of June 2024 Commission file number: 001-34958 DUNXIN FINANCIAL HOLDINGS LIMITED 23rd Floor, Lianfa International Building 128 Xudong Road, Wuchang District Wuhan City, Hubei Province 430063 People's Republic of China (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40- F. Form 20-F Form 40-F Closing of Disposition As previously disclosed by Dunxin Financial Holdings Limited (the " Company "), the Company, True Silver Limited, a wholly owned subsidiary of the Company (the " Seller "), Chutian Financial Holdings (Hong Kong) Limited (" Chutian HK ") and Wuhan Chutian Investment Holding Limited (" Chutian Wuhan ", collectively with Chutian HK, the " Targets ") and Jianneng Holdings Limited (the " Purchaser ") entered into certain share purchase agreement on May 13, 2024 (the " Disposition SPA "). Pursuant to the Disposition SPA, the Purchaser agreed to purchase the Targets in exchange for nominal cash consideration of US$1 (the " Purchase Price "). The transaction contemplated by the Disposition SPA (the " Disposition ") closed on June 12, 2024, upon the satisfaction of all closing conditions set forth in the Disposition SPA. Following the closing of the Disposition, the Purchaser became the sole shareholder of the Targets and as a result, assumed all assets and liabilities of the Targets and subsidiaries owned or controlled by the Target. As a result of the Disposition, the Company believes that it currently has shareholders' equity equal to or greater than $4 million, which satisfies the continued listing criteria of the NYSE American. Below is the Company's organizational structure chart following the closing of the Disposition. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dunxin Financial Holdings Limited Date: June 26, 2024 By: /s/ Ai (Kosten) Mei Name: Ai (Kosten) Mei Title: Chief Executive Officer 3

View Full Filing

View this 6-K filing on SEC EDGAR