MONTREAL, QUEBEC – (NEWSFILE – September 24, 2019) – Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”) today announced that its Asia Synergy Supply Chain (“ASSC”) subsidiary recently began providing credit analysis reports on Jiangyin Longding Decoration Materials Company Ltd. ( (“LDM”) and Jiangyin Golden Bridge Chemical Company Ltd. ( (“GBC”) and their clients and suppliers to help qualify them for loans and credit from ASSC’s lending partners.

LDM and GBC are important participants in Jiangyin’s reputable supply-chain industry, combining to provide metal, rubber, plastic, and other chemical based materials to thousands of supply-chain clients domestically and internationally. Shortly after the introduction of LDM and GBC to the ASSC supply-chain ecosystem, Jiangyin Xinjian Micro Credit Ltd. (“Xinjian Micro Credit”) provided the first short-term loans to a handful of LDM and GBC clients, based on the results of credit analysis reports provided by ASSC on the clients.

“These first credit transactions facilitated by ASSC mark an important step toward the validation of the company’s business model,” commented Haiqing Li, CEO of ASSC. “There is a significant opportunity to cater to the unique financing needs of supply-chain participants throughout China. We launched ASSC earlier this year to use proprietary technology and a comprehensive service offering to bring together pivotal supply-chain players, banks and other lenders to meet those needs. These first loans by Xinjian Micro Credit provide evidence that the concept is beginning to gain traction with lenders,” concluded Mr. Li.

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating in China’s commercial lending industry. Peak’s subsidiaries use technology, analytics and artificial intelligence to create an ecosystem of lenders, borrowers and other participants in China’s commercial lending space where lending operations are conducted rapidly, safely, efficiently and with the utmost transparency. For more information:

For more information, please contact:
CHF Capital MarketsPeak Positioning Technologies Inc.Twitter: @PeakPositioning
Cathy Hume, CEOJohnson Joseph, President and CEOFacebook: @peakpositioning
416-868-1079 ext.: 231514-340-7775 ext.: 501LinkedIn: Peak Positioning
cathy@chfir.cominvestors@peakpositioning.comYouTube: Peak Positioning

Forward-Looking Statements / Information:

This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects for revenue growth, using words including “anticipate”, “believe”, “could”, “expect”, “intend”, “may”, “plan”, “potential”, “project”, “seek”, “should”, “will”, “would” and similar expressions, which are intended to identify a number of these forward-looking statements. Forward-looking information reflects current views with respect to current events and is not a guarantee of future performance and is subject to risks, uncertainties and assumptions. The Company undertakes no obligation to publicly update or review any forward-looking information contained in this news release, except as may be required by applicable laws, rules and regulations. Readers are urged to consider these factors carefully in evaluating any forward-looking information.