In accordance with the Notice on Data Interface Specification of theAnti-Money Laundering On-site Inspection of Banking Financial Institutions(Trial) [YinFa NO.300, 2017] issued by PBOC, the AML On-site Inspection Projectrequired by PBOC will be implemented from March 1, 2018. And all the relatedbanking financial institutions are asked to improve and optimize their businesssystem and relevant AML system according to the requirement of this interfacespecification, to be ready for this on-site inspection.

As the time limitfor this on-site inspection is very urgent and in order to help the bank todeal with the AML OIS work well, RIKING has emergently formed a professionalteam to interpret the interface specification stated in this Notice carefully and designed the systemaccording to the requirements of this specification. Finally, the correspondingsolution, the Anti-Money Laundering On-site Inspection System developedindependently by RIKING, is worked out.

Once this Systemwas available, it aroused a strong reaction in the regulatory market. By far,over 10 financial institutions have bought this System from RIKING.

On April 18, 2018, with its rich experience and good reputation infinancial regulatory field over the years, RIKING has emerged from many biddersand won the bidding of AML OIS Project for Tai Fung Bank.

Tai Fung BankLimited (TFB), formerly Tai Fung Money Changer, was founded in 1942 by Mr. HoYin and had several business magnates from Macau and Hong Kong. In 1969, TaiFung Money Changer was registered as "Tai Fung Money ChangerLimited".

The cooperation between RIKING and TFBis too numerous to mention. Since the opening of TFB's Shanghai Branchin 2017, it has cooperated with RIKING overall from software to hardware andRIKING has become the strategic mutual trust partner of TFB.

So far, TFB haspurchased RIKING's full set of FBDS system which is integrated the regulatorysubsystems required by PBOC, CBRC and SAFE, including AML (Anti-MoneyLaundering Software) module, MBT (Business Credit Reporting System) module andother modules. This system can help financial institutions to meet regulatorycompliance reporting requirements and significantly improve reportingefficiency and save labor costs.

To achieve its goal of "Make theRegulatory Simpler", RIKING has been doing all its best to improve itsservice and product quality. RIKING's cooperation with TFB this time on FBDSsystem platform again about AML OIS can not only show RIKING's thoughtful andflexible development delivery ability but also reflect TFB's recognition andtrust on RIKING's products and services. RIKING will do whatever is necessaryto uphold "Focus on Financial, Focus on Service" as its companyphilosophy and provide more professional regulatory solutions to TFB in thefuture.