UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date ...

20-F 1 dxf_20f.htm FORM 20-F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...

Financial Data and Key Metrics Changes - The company's loan interest income increased from approximately RMB 120 million in 2017 to about RMB 142 million in 2018, achieving a growth rate of 18.6% [8][17] - Net profit decreased by RMB 20.6 million or 71.5% from RMB 29 million in 2017 to RMB 8.2 million in 2018, primarily due to significant increases in credit impairment losses [21] Business Line Data and Key Metrics Changes - Interest income on loans rose by RMB 23.3 million or 18.6%, attributed to an increase in effective interest rate from 20.4% in 2017 to 24.3% in 2018 [17] - Interest expenses on loans decreased by RMB 7.3 million or 21.6% from RMB 33.8 million in 2017 to RMB 26.5 million in 2018, due to a decrease in effective interest rate on borrowings from 15.9% to 11.8% [18] Market Data and Key Metrics Changes - The road transportation industry in China reached a market size of about RMB 5 trillion, with most participants being small and medium enterprises [10] Company Strategy and Development Direction - The company is transitioning from traditional micro-lending to supply chain financial services, focusing on the logistics industry [10][12] - Plans to expand nationwide through independent operations, partnerships, or potential acquisitions while developing various financial products in the supply chain industry [12][13] Management Comments on Operating Environment and Future Outlook - The management noted that the Chinese economy is facing downward pressure, with GDP growth slowing and SMEs experiencing significant challenges [7] - The company aims to leverage its leadership in the regional market to strengthen its market position and expand its presence by offering differentiated products and services [13] Other Important Information - The company adopted IFRS 9, resulting in a credit impairment loss of RMB 234 million as of December 31, 2017, which was adjusted to the opening balance of January 1, 2018 [16] Q&A Session Summary - The Q&A session was not detailed in the provided content, and no specific questions or answers were recorded [22][23]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2018 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ¨ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date ...