Jiayin Group States Its Policy Not To Comment On Unusual Market Activity Or Speculative Matters
June 11 2020 - 11:23AM
Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN) is a
leading fintech platform in China. In light of unusual increases in
the price and trading volume of the Company’s American depositary
shares (“ADSs”) on June 10, 2020, Jiayin stated that its policy is
not to comment on unusual market activity or speculative matters.
Jiayin is unaware of the reason causing such increases and cautions
investors that the trading price of the Company’s ADSs could be
subject to significant volatility for various reasons that are out
of the Company’s control. Further information regarding this and
other risks relating to the Company’s ADSs is included in the
Company’s annual report on Form 20-F and other documents filed with
the Securities and Exchange Commission.
About Jiayin Group Inc.
Jiayin Group Inc. is a leading fintech platform in China
committed to facilitating effective, transparent, secure and fast
connections between investors and borrowers, whose needs are
underserved by traditional financial institutions. The origin of
the business of the Company can be traced back to 2011. The Company
operates a highly secure and open platform with a comprehensive
risk management system and a proprietary and effective risk
assessment model which employs advanced big data analytics and
sophisticated algorithms to accurately assess the risk profiles of
potential borrowers.
For more information, please contact:
In China:
Jiayin GroupMs. Shelley BaiEmail:
ir@niwodai.com
or
The Blueshirt GroupMs. Susie WangEmail:
susie@blueshirtgroup.com
In the U.S.:
Ms. Julia QianEmail: julia@blueshirtgroup.com
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