Fincera Provides Update on Ticker Symbol/Company Name Change - Seite 2
"We appreciate the support and inquiries that we have received from investors during this time and would encourage anyone who has additional questions on this matter to contact FINRA directly with their feedback. We hope that through its appeal process FINRA can reach the sensible conclusion that allowing our trading name and ticker symbol change will be less confusing to investors and the marketplace than the status quo."
About Fincera Inc.:
Founded in 2005, Fincera Inc. (OTCQB: AUTCF) provides innovative web-based financing and ecommerce services for China's transportation and automobile
industries. The Company also operates over 550 finance and service centers in 26 provinces, municipalities, and autonomous regions across China. Fincera's current service offerings include a B2B
payment network and a web-based small business lending platform. In addition, Fincera also provides sales-type leasing programs and support services for heavy trucks. The Company's website is
http://www.fincera.net. Fincera trades on the OTCQB venture stage marketplace for early stage and developing U.S. and international companies. OTCQB companies are current in their reporting and
undergo an annual verification and management certification process.
Safe Harbor Statement:
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about the Company.
Forward-looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of the Company's management, are
subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to meaningfully
differ from those set forth in the forward-looking statements:
- changing principles of generally accepted accounting principles;
- continued compliance with government regulations;
- legislation or regulatory environments, requirements or changes adversely affecting the transportation or financial services industry in China;
- fluctuations in consumer demand in the transportation industry;
- management of rapid growth;
- general economic conditions;
- changes in government policy;
- China's overall economic conditions and local market economic conditions;
- our ability to expand through strategic acquisitions;
- our business strategy and plans, including whether our new financial services products are accepted by consumers;
- the results of future financing efforts; and
- geopolitical events.
The information set forth herein should be read in light of such risks. The Company does not assume any obligation to update the information contained in this press release.
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At the Company
Jason Wang
Chief Financial Officer
(858) 997-0680
jcwang@fincera.net
Investor Relations
The Equity Group Inc.
Carolyne Y. Sohn
Senior Associate
(415) 568-2255
csohn@equityny.com
Adam Prior
Senior Vice President
(212) 836-9606
aprior@equityny.com