LexinFintech Holdings Ltd. Announces Resignation of Chief Financial Officer
May 26 2021 - 5:47AM
LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX),
a leading online consumption and consumer finance platform for new
generation consumers in China, today announced that Mr. Craig Yan
Zeng has tendered in his resignation as the Chief Financial Officer
(“CFO”), effective on June 7, 2021. Mr. Kris Qiao Qian, Lexin’s
Chief Financing Cooperation Officer, has been appointed as the
acting CFO. Mr. Zeng’s resignation from his position was due to
personal reasons, and he will remain as a director of the board of
directors of the Company (the “Board”) and also serve as a senior
consultant to the company following his resignation.
“On behalf of the Board, I would like to express
our gratitude to Craig for his time, dedication, and valuable
contribution to Lexin over the years,” said Mr. Jay Wenjie Xiao,
Lexin’s chairman and chief executive officer. “We believe that
Lexin will continue to benefit from Craig’s insights and experience
as a director and senior consultant of the Company and on behalf of
everyone, we wish Craig the best in his future endeavors,” Mr. Xiao
continued.
The Company has initiated a search for a
permanent CFO with the capabilities and qualifications to
accelerate the next phase of Lexin’s strategy. In addition, Lexin
also announced that Ms. Beryl Haiyan He has joined the management
team of the Company’s Finance Division, where she will supervise
the Company’s internal controls over financial reporting. Ms. He
joins from OneConnect Financial Technology Co., Ltd. (NYSE: OCFT),
where she was the Senior Financial Director covering business
development. Prior to joining OneConnect, Ms. He worked at Ping An
Technology, and Huawei. Ms. He has a bachelor’s degree in
accounting from Nanchang University.
Mr. Zeng will continue to serve as the CFO for
Lexin’s next earnings report for the first quarter of 2021, and
will supervise and sign off the review of the upcoming unaudited
financial results.
About LexinFintech Holdings
Ltd.
LexinFintech Holdings Ltd. is a leading online
consumption and consumer finance platform for new generation
consumers in China. The Company provides a range of services
including financial technology services, membership benefits, and a
point redemption system through its ecommerce platform Fenqile and
membership platform Le Card. The Company works with financial
institutions and brands both online and offline to provide a
comprehensive consumption ecosystem catering to the needs of young
professionals in China. Lexin utilizes advanced technologies such
as big data, cloud computing and artificial intelligence throughout
the Company's services and operations, which include risk
management, loan facilitation, and the near-instantaneous matching
of users’ funding requests with offers from the Company's many
funding partners.
For more information, please visit
http://ir.lexin.com
To follow us on Twitter, please go to:
https://twitter.com/LexinFintech.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of 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. Among other things, the expectation of its
collection efficiency and delinquency, business outlook and
quotations from management in this announcement, contain
forward-looking statements. Lexin may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Statements that are not historical
facts, including statements about Lexin’s beliefs and expectations,
are forward-looking statements. 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: Lexin’s goal and strategies; Lexin’s expansion plans;
Lexin’s future business development, financial condition and
results of operations; Lexin’s expectation regarding demand for,
and market acceptance of, its credit and investment management
products; Lexin’s expectations regarding keeping and strengthening
its relationship with borrowers, institutional funding partners,
merchandise suppliers and other parties it collaborates with;
general economic and business conditions; and assumptions
underlying or related to any of the foregoing. Further information
regarding these and other risks is included in Lexin’s 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 Lexin does
not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
For investor and media inquiries, please
contact:
LexinFintech Holdings Ltd.
IR inquiries:Tony HungTel: +86 (755) 3637-8888
ext. 6258E-mail: IR@lexin.com
Media inquiries:Limin Chen Tel: +86 (755)
3637-8888 ext. 6993E-mail: liminchen@lexin.com
SOURCE LexinFintech Holdings Ltd.
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