Business Context and Reporting Period
This Form 6-K filing covers the month of September 2018 for China Internet Nationwide Financial Services Inc. (the "Company"), a foreign private issuer. The report discloses a material event occurring on September 13, 2018, involving a new credit facility agreement.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, or existing debt levels. The only specific financial metric disclosed is the value of a new credit facility:
- New Credit Facility: RMB 100 Million Revolving Factoring Credit Facility.
- Counterparty: CNBM Technology Corporation Limited.
Material Changes
The primary material change reported is the execution of the RMB 100 Million revolving factoring credit facility with CNBM Technology Corporation Limited. This represents a new source of liquidity for the Company. No comparative financial data or changes in historical performance metrics are provided in this document.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of specific risks and contingencies beyond the announcement of the credit facility. The document serves solely to disclose the signing of the agreement via an attached press release (Exhibit 99.1).
Investor Verification Checklist
- Verify the terms and conditions of the RMB 100 Million Revolving Factoring Credit Facility in the attached press release (Exhibit 99.1).
- Confirm the identity and creditworthiness of the counterparty, CNBM Technology Corporation Limited.
- Review subsequent filings for the utilization of this facility and its impact on the Company's liquidity and debt profile.
- Note that this filing does not contain audited financial results; refer to the most recent Form 20-F for comprehensive financial data.