China Internet Nationwide Financial Services Inc. Announces Pricing and Closing of Initial Public Offering

China Internet Nationwide Financial Services Inc. ("CIFS" or the "Company") (NASDAQ: CIFS), a provider of financial advisory services to the underserved small-to-medium sized enterprises in China, today announced the pricing and closing of its initial public offering ("IPO") of 2,023,146 of its ordinary shares at a price to the public of $10.00 per share for a total of $20,231,460 before underwriting discounts and commissions and offering expenses. The shares are expected to begin trading on NASDAQ Global Market on August 8, 2017 under the symbol "CIFS."

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