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Stock impact report

Hexindai Announces Strategic Cooperation with Entertainment Manufacturing International Culture Media Group Co. Limited to Develop Business

Xiaobai Maimai Inc. - American Depositary Shares (HX) 
NASDAQ:AMEX Investor Relations: ir.hexindai.com
Company Research Source: PR Newswire
BEIJING, Dec. 20, 2019 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it has entered into a non-binding Memorandum of Understanding ("MOU") of intent to establish a strategic cooperation with Entertainment Manufacturing International Culture Media Group Co. Limited ("YRZZ"), an affiliate of the Color World Entertainment Limited ("Color World"), and further jointly develop business moving forward.YRZZ is a leading live event entertainment company in Asia, equipped with abundant resources to seamlessly facilitate a variety of world-class live entertainment and performances. With an outstanding cast and seasoned operation professionals, YRZZ has established a stellar reputation and is well known for their rich experience in providing solid on-and-off line entertainment to wide audiences worldwide.Mr. Xiaobo An, Hexindai's Founder, Chairman and Chief Executive Officer commented, "We are v Show less Read more
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