Ann: T-Linx expands its reach in Xinjiang Province, page-62

Hopefully we get a further update in the final report.

I hope everyone picked up the increase in processing from page 5 of the preliminary report.

Outlook
FTC is on track to further expand T-LinxTM related products and services and blockchain technology, both of which are expected to grow and penetrate the market quickly and effectively, leading to an increase in revenue, gross profit and margin. The adoption of T-LinxTM by both China merchant Bank and Rural Credit Bank’s customers after the recent successful rollout programme makes FTC’s T-LinxTM coverage in more industries and provinces in China. This represents our increased in aggregate transaction volume through the Bank-Merchant network in the provincial, and city/country level. This was demonstrated by the 2 weeks T-linxTM roll out with Hunan Xingsha Rural Credit Bank that reported a daily transaction of RMB 10 million per day, being 10% growth in 2-week times. FTC believe this traction is the start of continuous growth of FTC revenue for the remaining of the year 2019 and it will gain further traction to roll out the remaining 120 Rural Credit Banks in Hunan province.