Business Context and Reporting Period
This Form 6-K filing covers the month of August 2018 for China Internet Nationwide Financial Services Inc. (the "Company"), a foreign private issuer. The report discloses a material event occurring on August 1, 2018, involving the Company's contractually controlled and managed entity, Sheng Ying Xin (Beijing) Management Consulting Co., Ltd.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a specific corporate event and does not contain financial statements or performance metrics.
Material Changes and Events
On August 1, 2018, Sheng Ying Xin (Beijing) Management Consulting Co., Ltd. entered into a cooperation agreement with the Tsinghua University Research Institute of Information Technology. The Company issued a press release announcing this agreement, which is attached to the filing as Exhibit 99.2. The English translation of the agreement is attached as Exhibit 99.1.
Guidance, Outlook, and Risks
The filing text does not provide specific guidance, outlook, management commentary on future performance, or a discussion of risks and contingencies beyond the disclosure of the new cooperation agreement. No unusual items or financial contingencies are detailed in the provided text.
Investor Verification Checklist
- Verify the terms and strategic implications of the cooperation agreement between Sheng Ying Xin and Tsinghua University Research Institute of Information Technology (Exhibit 99.1).
- Review the full press release (Exhibit 99.2) for details on the scope of the partnership.
- Confirm the operational relationship between the Company and Sheng Ying Xin (Beijing) Management Consulting Co., Ltd. as a contractually controlled entity.