EXHIBIT 99.1
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October 29, 2020
Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
United States of America
Commissioners:
We have read the statements made by Dunxin Financial Holdings Limited (copy attached), which we understand will be furnished to the Securities and Exchange Commission, as part of the Form 6-K of Dunxin Financial Holdings Limited dated October 29, 2020. We agree with the statements concerning our Firm in such Form 6-K.
Very truly yours,
/s/ Pan-China Singapore PAC