SHENZHEN, China, Oct. 11, 2019 /PRNewswire/ -- X Financial (NYSE:
XYF) (the "Company" or "we"), a leading technology-driven personal
finance company in China, today
announced that it will hold its 2019 annual general meeting of
shareholders at its offices at 4/F, South Block, Daheng Tech
Building, No. 3 Suzhou St., Haidian
District, Beijing, China on
November 29, 2019 at 10:00 a.m., Beijing Time.
No proposal will be submitted for shareholder approval at the
annual general meeting. Instead, the annual general meeting will
serve as an open forum for shareholders of record and beneficial
owners of the Company's American depositary shares (the "ADSs") to
discuss Company affairs with management.
The Board of Directors of the Company has fixed the close of
business on October 24, 2019 as the
record date (the "Record Date") for determining the shareholders
entitled to receive notice of the annual general meeting or any
adjournment or postponement thereof.
Holders of record of the Company's Class A ordinary shares and
Class B ordinary shares at the close of business on the Record Date
are entitled to attend the annual general meeting and any
adjournment or postponement thereof in person. Beneficial owners of
the Company's ADSs are welcome to attend the annual general meeting
in person.
The Company has filed its annual report on Form 20-F for the
fiscal year ended December 31, 2018
with the Securities and Exchange Commission (the "SEC") on
April 25, 2019. The annual report can
be accessed on the Company's investor relations website at
http://ir.xiaoyinggroup.com as well as the SEC's website at
http://www.sec.gov . The Company will provide a hard copy of
its annual report containing the audited consolidated financial
statements, free of charge, to its shareholders and ADS holders
upon request. Requests should be directed to the Company by
emailing X Financial Investor Relations at
ir@xiaoying.com.
About X Financial
X Financial (NYSE: XYF) (the "Company") is a leading
technology-driven personal finance company in China focused on meeting the huge demand for
credit from individuals and small-to-medium-sized enterprise
owners. The Company's proprietary big data-driven risk control
system, WinSAFE, builds risk profiles of prospective borrowers
using a variety data-driven credit assessment methodology to
accurately evaluate a borrower's value, payment capability, payment
attitude and overall creditworthiness. X Financial has established
a strategic partnership with ZhongAn Online P&C Insurance Co.,
Ltd. in multiple areas of its business operations to directly
complement its cutting-edge risk management and credit assessment
capabilities. ZhongAn Online P&C Insurance Co., Ltd. provides
credit insurance on X Financial's investment products which
significantly enhances investor confidence and allows the Company
to attract a diversified and low-cost funding base from
individuals, enterprises and financial institutions to support its
growth. X Financial leverages financial technology to provide
convenient, efficient, and secure investment services to a wide
range of high-quality borrowers and mass affluent investors which
complements traditional financial institutions and helps to promote
the development of inclusive finance in China.
For more information, please
visit: http://ir.xiaoyinggroup.com.
For more information, please contact:
X Financial
Ms. Jennifer Zhang
E-mail: ir@xiaoying.com
Christensen
In China
Mr. Christian Arnell
Phone: +86-10-5900-1548
Email: carnell@christensenir.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com
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SOURCE X Financial