Hexindai Inc. announced that it has established a partnership with Bohai International Trust Co. Ltd. (Bohai International Trust), a leading trust company in China, as part of its strategy to diversify and expand its funding sources from individuals to institutional investors. Under the terms of the agreement, Bohai International Trust will facilitate personal credit loans through a designated trust for an initial aggregate principal amount of RMB 300 million to borrowers referred by Hexindai. The initial term of the agreement is five years. Hexindai will carefully evaluate borrowers using its advanced risk management and credit assessment capabilities before referring them to Bohai International Trust who will conduct a second credit assessment before funds are distributed. Hexindai will receive service fee revenues from Bohai International Trust for borrower referral, credit assessment services, and assistance in the loan facilitation process.