Tag Archives: FIN

Huobi China to Play Pivotal Role in Development of BSN

BEIJING, May 7, 2020 /PRNewswire/ — China’s interest in blockchain technology is about to take its next step as the Blockchain-Based Service Network (BSN) comes into commercial effect on April 25. The aim of this network is to allow companies and software developers to be able to plug into the BSN and build blockchain-based applications quickly and affordably.

Huobi China to Play Pivotal Role in Development of BSN
Huobi China to Play Pivotal Role in Development of BSN

The Chinese government has envisioned a variety of use cases for blockchain infrastructure network which include smart city applications, identity registration and data storage solutions. As part of bringing this network to life, Huobi China has been nominated as one of the four underlying framework providers of BSN.

This BSN network is more than just one that will operate in China. It has been proven to be effective and viable, as well as scalable in China, and has been taken globally. Hong Kong and Singapore are more than 84 cities where the network is already being tested.

According to a document shared with the public at the BSN Commercialization Press Conference on April 25, BSN has signed up 128 public city nodes via its telecom members and is hoping to deploy up to 200 more by the end of this year.

Huobi China has completed one of the frameworks that will be integrated into BSN by July 2020. The public will soon be able to access the blockchain framework supported by Huobi China. 

Yuming Yuan, CEO of Huobi China, has spoken about the project and its grand ambitions, as well as how he see Huobi China playing its part

“The fact that Huobi China was accepted as one of the four underlying framework providers for BSN is a new milestone. We are recognized as one of the leading enterprises in the blockchain industry and our abilities to research, land the project, and be a close partner of building an integrated blockchain ecosystem are much needed in the BSN program,” Yuan explained.

This undertaking is like nothing ever before seen on a global scale. The increased appreciation of blockchain in China has been reported numerous times, but the implementation of the BSN is a manifestation of this ambition. 

Photo: https://photos.prnasia.com/prnh/20200507/2796414-1?lang=0

Announcing VeChain BootCamp – The Virtual Live Streaming Blockchain Webinar Series

SHANGHAI, May 7, 2020 /PRNewswire/ — As the reality of living in a ‘new normal’ sets in, the VeChain Foundation has been seeking the best opportunity to continue and increase our social engagement and communication efforts. After careful deliberation and consultation with our partners and advisors, we believe that turning towards the virtual world provides a unique way of sharing our latest business progress and product iterations in a direct and interactive manner.

As a result, we would like to announce VeChain BootCamp, a virtual livestreaming blockchain webinar series. The webinar series will be hosted by the VeChain top management team, country and regional general managers as well as VeResearch experts. In addition, the webinar series will be joined by distinguished guest speakers comprising our partners from across various industries to provide insights from their professional perspectives.

VeChain BootCamp – An Interactive Learning & Communication Series

Utilizing online live streaming platforms, the VeChain BootCamp aims to create lively webinar sessions. Topics presented in this series will be aimed to help viewers digest the latest trend of blockchain technology implementation, keep up with the current progress of the VeChain, follow the latest paradigm shifts of industry developments and get prospective insights from VeChain and our numerous partners.

Whether you are a technology or blockchain enthusiast, a journalist or a business person, we guarantee that the VeChain BootCamp will be insightful, entertaining, and a fun journey for all. We highly encourage all of our community members to attend our specially designed webinars and to spread the word to anyone that might be interested in this series.

Reveal of Latest VeChain ToolChainTM to Kick Off the Series

After months of R&D efforts, we are proud to announce that a new version of VeChain ToolChainTM has arrived. The new version surpasses the initial release by several factors, and comes with the ability to scale at an exponential rate.

In the first volume of VeChain BootCamp, VeChain CEO and Co-Founder Sunny Lu will officially reveal the new features and other incredible details about VeChain ToolChain, and its role in the adoption of the VeChainThor blockchain by partners and clients.

The first livestream event will kick off at 22:00 (UTC+8) on May 8, 2020, and the registration for attending the main stream is open now. The live video feed will also be streamed on our official YouTube channel.

Stay tuned for more details on our official twitter @vechainofficial and visit our official BootCamp Prep website for more information!

Looking forward to meeting all of you virtually very soon!

About VeChain

Launched in 2015, VeChain connects blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYD Auto, Haier, H&M, LVMH, D.I.G, ENN, AWS, PICC, ASI etc. For more information about VeChain, please visit our official website www.vechain.com.

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Zero-commission trading app TradeUP expands campaign to offer clients cash bonuses

NEW YORK, May 6, 2020 /PRNewswire/ — TradeUP, the commission-free stock trading platform, announced today that it is expanding its cash bonus program to a tiered structure, increasing the highest cash bonus possible from $50 to $200. The tiered promotion effectively lowers the threshold for qualification from a $3,000 deposit to just $1,000. Specifically, clients with an initial qualifying deposit of $1000 or more are able to claim cash bonuses worth up to $200. Moreover, clients who transfer their accounts from other brokerages may receive a reimbursement for any transfer fees up to $200. The offer is available immediately and ends on June 30, 2020.

“We modified the reward scheme from a single and fixed-rate bonus to a multi-tiered structure in an effort to thank more clients,” said Ryan Song, director of TradeUP, “Being customer-oriented means we always hope to interact with our clients and show our appreciation for their loyalty and support.”

Launched in January, TradeUP is a zero-commission trading platform for U.S stocks, ETFs and options. It also made headlines by offering local access to Hong Kong stock trading with competitive fees. Available both through its mobile app and web platform, TradeUP continues to enhance its operational capability and user experience by performing updates on a biweekly basis.

“Rather than taking a minimalist approach that only incorporates minimalist graphics and limited analytical tools, we believe ease of use is achieved through three steps: investigate client preferences, tailor strategies to user expectations, and meet those expectations through technological innovation. TradeUP’s customers enjoy an intuitive interface and easy trading process because we seamlessly incorporated essential information and tools to our app without crowing the navigation bar,” Song added.

Despite the impact of coronavirus on the global markets, TradeUP’s user base and funding grow at a steady pace. “We experienced a surge in first-time investors drawn to the events we are currently hosting. Last month, we commenced our first ever paper trading competition, hoping to give investors more opportunities to glean market insights. Through the use of fintech, we strive to deliver a more efficient and reliable trading experience that is unmatched by market alternatives for generations to come,” Song said.

For more information about TradeUP’s cash bonus program, please visit: https://tradeup.marsco.com/activity/market/deposit-award/#/award

Zero-fee or commission-free trading means $0 commission trading on self-directed individual cash or margin brokerage accounts that trade U.S. exchange-listed stocks and ETFs online. A $0.65 per contract fee applies to options trades. TradeUP also charges commission on Hong Kong stock trading. For full pricing details, see: https://www.itradeup.com/pricing/commissions-us

Brokerage services in TradeUP are offered by Marsco Investment Corporation. Download TradeUP in the Apple App Store or Google Play for free. For more information, please visit TradeUP’s website: https://www.itradeup.com/

About Marsco Investment Corporation

Marsco Investment Corporation is a registered brokerage firm at SEC (CRD:18483; SEC: 8-36754), a member of FINRA/SIPC and a member of DTC/NSCC, regulated by the US Securities and Exchange Commission and Financial Industry Regulatory Authority.

Risk Disclosure:

All investments involve risk, including possible loss of principal. Past performance of a security, market, or financial product does not guarantee future results. Electronic trading poses unique risks to investors. System response and access times may vary due to market conditions, system performance, and other factors. Market volatility, volume, and system availability may delay account access and trade executions. The contents of this article shall not be considered a recommendation or solicitation for the purchase or sale of securities, futures or other investment products.

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Alpian Secures CHF 12.2m Series A Funding to Tap Into CHF 660bn Private Banking Opportunity

GENEVA, May 6, 2020 /PRNewswire/ — New digital financial services company, Alpian SA (“Alpian”), incubated by the Swiss banking group REYL & Cie Ltd (“REYL”), today announces a successful Series A funding round worth CHF 12.2 million. The funds will enable Alpian to accelerate growth plans and pursue ambitions to receive a full banking license from the Swiss Financial Market Supervisory Authority (FINMA), launching as a fully licensed digital affluent bank in 2021.

Alpian aims to create an innovative banking offering, tailored to the mass affluent population (with investible assets between CHF 100k – 1 million) in Switzerland, worth an estimated CHF 660 billion. Independent market research demonstrates how existing retail and private banking providers do not fully address the fundamental needs of this segment. Amongst this demographic, 40% are looking for a new bank and 70% would be open to using a bank with no branches at all.

Alpian’s offering will include tailored investment boutique products, digital face-to-face access to experienced financial advisors, and everyday banking services. Through a modernistic digital interface, Alpian will leverage proprietary and disruptive technology to develop scalable, personalised private banking.

Benefiting from REYL’s 40+ years of banking and wealth management experience, the company aims to compete on an equal footing with other established banks.

Schuyler Weiss, Alpian CEO, said:

“The genesis of Alpian comes from the clear vision of our experienced and well diversified team. This brings with it an ability to execute our vision, unimpeded, with technology and innovation underpinning everything we do. Securing the Series A funding is a testament to our business and our ability to execute. It is a big step towards reaching full technological and operational readiness over the coming months.”

REYL partner, Pasha Bakhtiar said:

“Alpian started as an incubation project at REYL but we soon realised the full potential of this unique, ground-breaking value proposition. The fact that Alpian has secured this impressive Series A round demonstrates the confidence investors also have in the blue ocean space we have identified. My Partners and I are immensely trusting in the quality of the Alpian team and we are excited to accompany them on the next stages of the journey.”

About Alpian

www.alpian.com 

Based in Carouge, Switzerland, Alpian is a new digital financial services brand, incorporated in October 2019.

Press enquiries: media@alpian.com, +447742954886

HotForex Offers Clients and Partners the Ultimate Performance Reward

Award winning broker of choice HotForex is celebrating its 10 years anniversary by offering all of its loyal clients and Partners generous withdrawable rewards every month from a prize pool of $2,000,000

PORT LOUIS, Mauritius, May 5, 2020 /PRNewswire/ — HotForex, the award-winning forex and commodities broker on CFDs, was founded in 2010 and is celebrating its ten years anniversary by offering both clients and Partners the chance to earn withdrawable monthly rewards funded directly to their accounts.

A HotForex spokesperson said: “We always keep our loyal clients and partners at the heart of everything we do to ensure we provide the best possible trading experience.  These new reward programs are an exciting part of our 10 years anniversary celebrations, and we hope each one of our valued clients and Partners will enjoy the opportunity to earn their part of the $2,000,000 available!”

From now until the end of 2020, the Return on Free Margin promotion will provide monthly withdrawable returns on investment to clients, while the HF Partners 10 Years Anniversary Bonus offers Partners a withdrawable bonus of up to $3,000 every month.

Find out more about these exclusive offers here.

Notes to Media:

About HotForex 

With its origins dating back to 2010, HotForex is the brand name of HF Markets Group which encompasses global and regulated entities which are operating as multi-asset brokers offering both retail and institutional trading services to clients from around the world. HotForex is continuously establishing its position as a market leader, a fact affirmed by:

  • Over 2,000,000 Live Accounts Opened
  • More than 35 International Awards
  • Client Support in 27+ Languages
  • Top Fund Security Measures

To learn more about HotForex, please visit our website by clicking here.

Risk warnings:

Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital.

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Acorn International Announces US$2.5 Million Share Repurchase Plan

SHANGHAI, May 4, 2020 /PRNewswire/ — Acorn International, Inc. (NYSE: ATV) (“Acorn” or the “Company”), a leading marketing and branding company in China, today announced that the Company adopted a repurchase plan based upon a form approved by the Company’s Board of Directors in accordance with guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended, as well as Acorn’s insider trading policy. The Company may repurchase up to US$2.5million worth of its American depositary shares (“ADSs”) over the next 12 months under the repurchase plan.

The Company’s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The timing and extent of any purchases will depend upon market conditions, the trading price of its ADSs and other factors, and are subject to the restrictions relating to volume, price and timing under applicable law. The Company’s Board of Directors will review the share repurchase program periodically and may authorize adjustment of its terms and size. The Company plans to fund repurchases from its existing cash balance.

About Acorn International, Inc.

Acorn International is a leading marketing and branding company in China, leveraging a twenty-year direct marketing history to monetize brand IP, content creation and distribution, and product sales, through digital media in China. For more information visit www.acorninternationalgroup.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This news release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “anticipates,” “believes,” “estimates,” “expects,” “future,” “going forward,” “intends,” “outlook,” “plans,” “target,” “will,” “potential,” and similar statements. Such statements are based on current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties, and other factors, all of which are difficult to predict and many of which are beyond Acorn’s control, including the extent and duration of the adverse impact of COVID-19, which may cause actual results, performance, actions, or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events, or otherwise, except as required by law.

Investor Contacts:

Contact:
Compass Investor Relations
Ms. Elaine Ketchmere, CFA 
Phone: +1-310-528-3031
Email: Eketchmere@compass-ir.com

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Source: Acorn International, Inc.

LightInTheBox Files 2019 Annual Report on Form 20-F

BEIJING, May 1, 2020 /PRNewswire/ — LightInTheBox Holding Co., Ltd. (NYSE: LITB) (“LightInTheBox” or the “Company”), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced that it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission. An electronic copy of the annual report on Form 20-F can be accessed on LightInTheBox’s investor relations website at http://ir.lightinthebox.com and on the SEC’s website at http://www.sec.gov. Shareholders may receive a hard copy of LightInTheBox’s audited financial statements for the fiscal year ended December 31, 2019 free of charge upon request. Requests should be submitted to ir@lightinthebox.com.

About LightInTheBox Holding Co., Ltd.

LightInTheBox is a cross-border e-commerce platform that delivers products directly to consumers around the world. The Company offers customers a convenient way to shop for a wide selection of products at attractive prices through its www.lightinthebox.com, www.miniinthebox.com, www.ezbuy.com and other websites and mobile applications, which are available in 23 major languages and cover more than 140 countries.

For more information, please visit www.lightinthebox.com.

Investor Relations Contact

Christensen
Ms. Xiaoyan Su
Tel: +86 (10) 5900 3429
Email: ir@lightinthebox.com

OR

Christensen
Ms. Linda Bergkamp
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

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Source: LightInTheBox Holding Co., Ltd.

Intertek Launches Protek – The World’s First Health, Safety and Wellbeing Assurance Programme for People, Workplaces and Public Spaces

LONDON, May 1, 2020 /PRNewswire/ — 

  • Health, Safety and Wellbeing in the workplace, in public transportation, public spaces and at home is now the number one concern for business leaders, employees and consumers*
  • Given its unrivalled expertise in Total Quality Assurance, operating in 100+ countries, with 1000+ labs and 46,000 Experts, Intertek is uniquely positioned to provide its clients with end-to-end Health, Safety and Wellbeing Assurance to protect their employees and their customers
  • Intertek Protek is the world’s first industry-agnostic, end-to-end Health, Safety and Wellbeing Assurance programme for people, workplaces and public spaces, and includes:
    – State of the art training and certification programmes for employees, reflecting learnings from the current pandemic
    – Audit of hygiene and sanitation processes and systems to ensure spaces, materials and surfaces are safe for employees and customers in the workplace and public spaces
    – Total Assurance for all types of facilities, from hotels, restaurants and retail outlets where consumers will look for visible signs of safety verification at the places in which they stay or pass through, to schools and education sites, transportation hubs and manufacturing plants 

Watch our video here: www.intertek.com/protek

Over the years and as part of its systemic approach to Total Quality Assurance (TQA), Intertek has been researching and developing innovative Health, Safety and Wellbeing solutions for its clients. Covid-19 has magnified the increased focus from all stakeholders on Health, Safety and Wellbeing in workplaces and in public spaces and, given the Company’s industry-leading subject-matter expertise, it is now launching the world’s first end-to-end solution in this category.

As the world adjusts to a ‘new normal’, many in-quarantine traits will become generally accepted standards as consumers and employees fundamentally re-think their approach to everyday health, safety and wellbeing. Whether at work, shopping, eating out or using public transport, people will look to corporations and brands for trust, assurance and peace of mind*

As companies prepare for a return to work, employees are concerned about their health and safety* and as consumers think about returning to visit public spaces, they are now increasingly looking to brands to provide trust and visible reassurance*.

Recent Intertek research shows that people do not feel safe returning to their workplace once restrictions have been lifted with over 70% not wanting to return unless authenticated health and safety practices are in place. Moreover, 91% of respondents agree that their employer should take extra measures to protect employees. Yet just over half (54%) of managers believe that they will struggle to provide an acceptable health and safety standard for employees when they do return to the workplace.

Across the consumer industries landscape, only 24% of respondents feel confident about visiting a bar or restaurant once restrictions are lifted and only 27% feel confident about visiting hotels. 56% do not trust cinema and theatre operators to have sufficient health and safety practices in place to prevent the spread of Covid-19, with this figure rising to 57% for airlines and 59% for public transport. At the same time, 84% of consumers now expect larger companies to contribute more to society and to have a social purpose.

Based on Intertek’s unique, systemic approach to quality assurance, Protek is a comprehensive service offering, providing audits, training and service solutions across People, Systems & Processes, Facilities, Materials & Surfaces and Products. A key part of this innovative new service offering is Protek People Assurance, which will provide an on-demand, e-Learning and certification programme that empowers companies to deliver essential employee training on key health and safety topics.  

Protek provides audits, training and occupational health & safety solutions for companies wishing to provide peace of mind for their employees. Specific learning and certification solutions range from Covid-19 related programmes to modules on how to use face masks, gloves and PPE, and courses on food safety, hygiene, cleaning and prevention of the spread of infection.

The programme provides systemic risk-based quality assurance and verification for all sectors, from food safety and hygiene control services to dedicated audit solutions for the prevention of the spread of infection in all facilities and all sectors. This includes hotels, restaurants and retail outlets where consumers will look for visible safety verification of the places in which they stay or pass through. Protek offers turnkey solutions, from facility health assessment, cleaning and disinfecting process oversight and post-cleaning verification, to compliance reporting and certification across schools and education sites, transportation hubs and manufacturing plants.  

Protek helps businesses obtain independent assurance that they are fulfilling their duty of care and provides their employees and customers with the confidence they need, everywhere, every day. 

With over 46,000 TQA experts in over one hundred countries, Intertek is uniquely placed to give businesses the reassurance of a global solution with unrivalled local knowledge and expertise. No other company has the network, tools and processes to deliver Total Health, Safety and Wellbeing solutions to help people feel safe to return to work, to travel, to eat out and to adjust to the new normal.

André Lacroix, CEO of Intertek, said:

“On behalf of everyone at Intertek, I salute healthcare and frontline workers around the world for their magnificent response to the challenge presented by the global pandemic we are witnessing.  At Intertek, it is our duty to help corporations to ensure the health, safety and wellbeing of their employees in the workplace and their consumers in public spaces.

Indeed, as a purpose-led company, Intertek’s mission is to make the world a better and safer place. Never has our core purpose been more relevant than now. This is the moment where our mission-critical role in society truly comes to life, across all sectors and all business lines as we bring solutions the world needs now, everywhere, every day.

It is clear that health, safety and wellbeing for employees returning to their workplaces through to consumers returning to public spaces – and the public transport used to get there – is now the greatest concern for the entire world.

Building on our leading Quality Assurance expertise across all sectors of the economy globally, Protek offers our clients the world’s first independent Health, Safety and Wellbeing Assurance programme for people, workplaces and public spaces.”

About the Research:

This research was conducted online by an independent research consultant company from 29 – 30 April 2020 with n=2,201 respondents, representative of the UK adult general population (aged 18+ years old). Respondents were weighted in terms of age, gender, location and voting behaviour to reflect the known UK general population.

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices and over 46,000 people in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.

intertek.com

*Intertek research April 2020

Contacts

For further information, please contact:

Denis Moreau, Investor Relations
Telephone: +44 (0) 20-7396-3415   
investor@intertek.com

Jonathon Brill, FTI Consulting
Telephone: +44 (0) 20-3727-1000   
SCintertek@fticonsulting.com  

  

iClick Interactive Asia Group Limited Files 2019 Annual Report on Form 20-F

HONG KONG, May 1, 2020 /PRNewswire/ — iClick Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission (the “SEC”) on April 30, 2020.

The Company’s annual report on Form 20-F, which contains its audited consolidated financial statements, can be accessed on the SEC’s website at www.sec.gov as well as on the Company’s investor relations website at http://ir.i-click.com.

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, our proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide including Asia and Europe. For more information, please visit ir.i-click.com.

Safe Harbor Statement

This announcement contains forward-looking statements, including those related to the Company’s business strategies, operations and financial performance. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; the duration of the COVID-19 outbreak and its potential impact on the Company’s business and financial performance; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

iClick Interactive Asia Group Limited

Lisa Li

Phone: +86-21-3230-3931 #892

E-mail: ir@i-click.com

In the United States:

Core IR

John Marco

Tel: +1-516-222-2560

E-mail: johnm@coreir.com

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FinVolution Group Files 2019 Annual Report on Form 20-F

SHANGHAI, May 1, 2020 /PRNewswire/ — FinVolution Group (“FinVolution”, or the “Company”) (NYSE: FINV), a leading fintech platform in China, today announced it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission (the “SEC”) on April 30, 2020. The annual report on Form 20-F, which contains the Company’s audited consolidated financial statements, can be accessed on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at http://ir.finvgroup.com.

About FinVolution Group

FinVolution Group is a leading fintech platform in China connecting underserved individual borrowers with financial institutions. Established in 2007, the Company is a pioneer in China’s online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company’s platform, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of December 31, 2019, the Company had over 105.9 million cumulative registered users.

For more information, please visit http://ir.finvgroup.com.

For investor and media inquiries, please contact:

In China:
FinVolution Group
Head of Investor Relations
Jimmy Tan
Tel: +86 (21) 8030 3200- Ext 8601
E-mail: ir@ppdai.com

The Piacente Group, Inc. Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: paipaidai@tpg-ir.com

In the United States:
The Piacente Group, Inc. Brandi Piacente
Tel: +1-212-481-2050
E-mail: paipaidai@tpg-ir.com 

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