Dunxin Financial (DXF.US) Sets Up Computing Power Investment Fund and Plans of Intelligence Computing Power Centre based on Metaverse Platform

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Jan 10, 2022, 08:00 ET

WUHAN, China, Jan. 10, 2022 /PRNewswire/ -- In Metaverse industry, artificial intelligence computing power infrastructure becomes important strategy deployment and key content of "New Infrastructure" under the new development paradigm. The investment in new computing power infrastructure meets the requirement s of global social economy development and transition. It plays important role in promoting the implement of artificial intelligence strategy, energizing of real economy transition, enhancing the society governance and promoting the cultivation of professionals in artificial intelligence and engineering technology industries.

During the process of business transition into Metaverse industry, DXF works carefully and make steady progress by consolidation of industry foundation and integration of industry and finance. We start from infrastructure and hardware and dedicate to create Metaverse ecology with independent R&D and innovation capabilities. We plan to press fast moving button for our business transition by setting up "Computing Power Investment Fund" with overseas and domestic well-known financial institutions and individual investors. The total investment is around RMB1 billion.

The main functions and applications of DXF's artificial intelligence computing power centre include:

Powerful real-time computing and processing. It may provide users with unobstructed network access and browse, such as webpage browse, video entertainment, online game, online payment, etc.
Large-scale data computing. Huge load of data computing is backed by powerful computing power resources, such as distributed computing of block chain, cloud services and computing, scientific research and computing, etc.
Cold data business, such back-up storage, data transfer, etc.

Artificial Intelligence Computing Power Centre of DXF is expected to be located in Hong Kong and some overseas regions and start to operation in next 3-5 years.

About Dunxin Financial
Dunxin Financial, established in March 2013 with headquarter in Wuhan, China, is an innovative fintech company originally engaged in business of providing loan facilities to micro sized enterprise and individuals.

After listed in New York stock exchange, we strategically consider and plan main business transition. In the past two years, we conducted deeply research and analyze over 200 projects in medical health, bio-pharmaceuticals, cold chain logistics, big data and block chain industry. In 2021, we decided to focus our attention to Metaverse industry. By ways of investment, merge and acquisition, integration of resources and energizing of business management, we execute our planning and rapidly step into Metaverse industry.

After its business transition, the Company will develop block chain, NFT digitalization and be involved in the Metaverse business.

Safe Harbor Statement
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SOURCE Dunxin Financial Holding Limited