China Internet Nationwide Financial Services Inc. Develops Quantum Compass Intelligent System to Capture Additional Market Share
CHINA INTERNET NATIONWIDE FINANCIAL SERVICES INC (CIFS)
US:NASDAQ Investor Relations:
prnewswire.com/news-releases/china-internet-nationwide-financial-services-inc-to-commence-trading-on-nasdaq-global-market-300500602.html
Company Research
Source: PR Newswire
BEIJING, Sept. 14, 2018 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the "Company"), a financial advisory services provider and financial technology company today announced that its wholly-owned subsidiary, Fu Hui (ShenZhen) Commercial Factoring Co., Ltd. has developed Quantum Compass Intelligent System ("Quantum"), an operating system designed to support CIFS's supply chain factoring operations in a bid to capture additional market share in China.Quantum was designed to optimize CIFS's supply chain financial services offered to SMEs. Using Quantum, CIFS is able to automatically collect, integrate, categorize and analyze financial and operational data of a large number of enterprises and of all parties involved in supply chain financing, including debtors, creditors and guarantors.Mr. Jianxin Lin, Chairman and Chief Executive Officer of CIFS, commented, "Quantum is a revolutionary intelligent system which automatically screens and connect
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