Company:  HEXINDAI INC. (HX)
Form Type:  6-K
Filing Date:  8/10/2018 
CIK:  0001702318 
Address:  5TH FLOOR, BLOCK C
SHIMAO NO. 92 JIANGUO ROAD CHAOYANG DIST
 
City, State, Zip:  BEIJING,  100000 
Telephone:  86-10-5985-6888 
Fiscal Year:  03/31 
Last Trade
Last Trade: 
$7.66  
Change: 
-0.56 (-6.81%)  
Trade Time: 
Aug 13  
Market Cap: 
$386.51M
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© 2018  
Description of Business
Hexindai Inc. was incorporated in Cayman Islands to be our holding company in April 2016. Hexindai Inc. then established a wholly owned subsidiary in Hong Kong, Hexindai HK, in May 2016, and Hexindai HK further established Beijing Hexin Yongheng Technology Development Co. Ltd., or Hexin Yongheng, our wholly owned subsidiary in China, in August 2016. Hexin E-Commerce Co., Ltd, or Hexin E-Commerce, was established in China in March 2014. Mr. Xiaobo An, Mr. Xiaoning An and Mr. Xiaobin Zhai are the shareholders of Hexin E-Commerce, owning 94.99%, 0.01% and 5.00% of the equity interests in Hexin E-Commerce, respectively, as of the date of this annual report on Form 20-F. We obtained control and became the primary beneficiary of Hexin E-Commerce in November 2016 by entering into a series of contractual arrangements with Hexin E-Commerce and its shareholders. See "--C. Organizational Structure--Contractual Arrangements with Hexin E-Commerce and Wusu Company.
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  EXHIBIT 99.1