9f Inc. Rebrands Online Stock Brokerage Business to Fuyuan Securities
February 02 2021 - 5:00AM
9F Inc. (“9F” or “the Company”) (NASDAQ: JFU), an internet
technology company that focuses on providing technology services to
financing and consumption industries in China and overseas, today
announced that it has upgraded and rebranded its online stock
brokerage business to Fuyuan Securities.
Formerly known as 9F Primasia Securities and
founded in 1991, Fuyuan Securities is a licensed brokerage in Hong
Kong. It offers offshore stock investment products that provide
investors with access to stock trading opportunities in Hong Kong
and the U.S. through its digital brokerage and wealth management
platform. Fuyuan Securities holds licenses issued by the Securities
and Futures Commission of Hong Kong, including the Type 1 License
for dealing in securities, Type 4 License for advising on
securities, Type 5 License for advising on futures contracts, and
Type 9 License for asset management.
In order to further improve user experience,
Fuyuan Securities continued to expand its service offerings in
2020, including the launch of the VIP Premium Membership services,
introducing trading services for Hong Kong ADRs and callable
bull/bear contracts, offering up to 20 times leverage for IPO
subscriptions, and adding a function to its app to help investors
filter out potential stocks by using K-line analysis driven by
artificial intelligence technology. In addition, Fuyuan Securities
also upgraded the User Interface (UI) design of its app to enhance
user satisfaction. The continuous efforts to deliver value made by
Fuyuan Securities has garnered a lot of industry-wide attention and
positive feedback from users. In 2020, Fuyuan Securities won the
HKEX Market Data Awards 2020, and the Outstanding Service Awards
2020 issued by Phoenix Finance.
Going forward, 9F will continue to develop its
online stock brokerage and wealth management business. By
leveraging its years of experience, expertise in the sector and
strong fintech solution capabilities, 9F believes that Fuyuan
Securities is well-positioned for sustainable long-term growth.
About 9F Inc.
9F Inc. is an internet technology company that
focuses on providing technology services to financing and
consumption industries in China and overseas, including fintech
technology services to financial institution partners, online
wealth management technology services, e-commerce services as well
as overseas expansion of its consumer financing technology services
in Southeast Asian countries.
For more information, please visit
http://ir.9fgroup.com/.
Safe Harbor Statement
This press 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
“will,” “expects,” “anticipates,” “future,” “intends,” “plans,”
“believes,” “estimates,” “target,” “confident” and similar
statements. Such statements are based upon management’s current
expectations and current market, regulatory 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 risks, uncertainties and other
factors that could cause actual results to differ materially from
those contained in any such statements. Potential risks and
uncertainties include, but are not limited to, uncertainties as to
the Company’s ability to attract and retain borrowers and investors
on its marketplace, its ability to increase volume of loans
facilitated through the Company’s marketplace, its ability to
introduce new loan products and platform enhancements, its ability
to compete effectively, laws, regulations and governmental policies
relating to the online consumer finance industry in China, general
economic conditions in China, and the Company’s ability to meet the
standards necessary to maintain listing of its ADSs on the Nasdaq,
including its ability to cure any non-compliance with the Nasdaq’s
continued listing criteria. 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. All
information provided in this press release is as of the date of
this press release, and 9F Inc. does not undertake any obligation
to update any forward-looking statement as a result of new
information, future events or otherwise, except as required under
applicable law.
For investor and media enquiries, please
contact:
In China:9F Inc.E-mail: ir@9fbank.com.cn
Christensen
In ChinaMr. Eric YuanPhone:
+86-10-5900-1548E-mail: Eyuan@christensenir.com
In USMs. Linda BergkampPhone:
+1-480-614-3004Email: lbergkamp@christensenir.com
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