BEIJING, Jan. 27,
2023 /PRNewswire/ -- Pintec Technology Holdings
Limited (Nasdaq: PT) ("PINTEC" or the "Company"), a leading
independent technology platform enabling financial services in
China, today announced Mr. Zexiong
Huang will be its Chief Executive Officer, acting Chief Financial
Officer, and director of the board of directors (the "Board") of
the Company, effective immediately. Mr. Victor Huike Li has
resigned from his position as the Company's Chief Executive
Officer, acting Chief Financial Officer, and director for personal
reasons on December 27, 2022, with
effect from January 27, 2023. In
addition, Mr. Zehua Shi, Mr.
Jimin Zhuo and Mr. Yong Chen have all resigned from the Board due
to personal reasons on December 27,
2022, with effect from January 27,
2023. Their resignations did not result from any
disagreement with the Company, its management, the Board, or any
committee of the Board, on any matter relating to the Company's
operations, policies or practices. Relevant competent directors and
officers have been appointed to fill in their vacancies with effect
from January 27, 2023.
Mr. Zexiong Huang has over 10 years of experience in the
financial industry as well as the financial services industry,
specializing in SME financial services, financing and guarantee,
consumer finance, real estate mortgage financing, microfinance, and
other financial products. He has held various senior management
positions in mainland China and
Hong Kong, and has gained
comprehensive industry experience in the areas of consulting,
business development, financial operations, and management. Mr.
Huang was an executive director and the Chief Executive Officer of
JIMU GROUP LIMITED (8187.HK) from June
2020 to May 2022. He has been
a consultant of the Company's digital SME business unit since 2021
and has been the executive Vice President of the Group since he
joined in 2022. Mr. Huang holds a bachelor's degree in economics
from Yunnan University of Finance
and Economics.
The Board of Directors would like to express its sincere
gratitude to Mr. Li, Mr. Shi, Mr. Zhuo and Mr. Chen for their
contributions, efforts, and dedication over the years. PINTEC has
survived and retained its core competencies under both market and
regulatory pressures with the outstanding leadership of Mr. Li. The
Board and management thank Mr. Li for his contributions to the
Company and wish him all the best in the future. Under the
leadership of Mr. Huang and a team of experienced industry
professionals, PINTEC is well positioned to further optimize its
digital MSME eco-enabling products and expand its market leadership
position going forward and is confident in the Company's ability to
overcome the current short-term market challenges.
Mr. Zexiong Huang, Chief Executive Officer, acting Chief
Financial Officer and director of PINTEC, commented, "We thank Mr.
Li for his past contributions to PINTEC as he has worked very hard
to help us navigate through a challenging and uncertain market
environment and has laid a solid foundation for the future growth
of the Company. Currently, we are on track to grow our revenues and
reach profitability with our strategic direction as well as our SMB
empowerment products. As the business continues to expand, I am
confident in the Company's current management team and its ability
to enter new growth cycles down the road."
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. Among other things, the
quotations from management in this announcement, as well as
PINTEC's strategic and operational plans, contain forward-looking
statements. PINTEC may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission, 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. 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, 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, the Company's limited operating history, regulatory
uncertainties relating to the markets and industries where the
Company operates, and the need to further diversify its financial
partners, the Company's reliance on a limited number of business
partners, the impact of current or future PRC laws or regulations
on wealth management financial products, and the Company's ability
to meet the standards necessary to maintain the listing of its ADSs
on the Nasdaq Global Market, including its ability to cure any
non-compliance with 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 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 under applicable law.
About PINTEC
PINTEC is a leading independent technology platform enabling
financial services in China. By
connecting business and financial partners on its open platform,
PINTEC enables them to provide financial services to end users
efficiently and effectively. The Company offers its partners a full
suite of customized solutions, ranging from digital retail lending,
digital business lending, robotic process automation, to wealth
management and insurance products. Leveraging its scalable and
reliable technology infrastructure, PINTEC serves a wide range of
industry verticals covering online travel, e-commerce,
telecommunications, online education, SaaS platforms, financial
technology, internet search, and online classifieds and listings,
as well as various types of financial partners including banks,
brokers, insurance companies, investment funds and trusts, consumer
finance companies and other similar institutions.
For further information, please contact:
Pintec Technology Holdings Ltd.
Phone: +86 (10) 8564-3600
E-mail: ir@pintec.com
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SOURCE Pintec Technology Holdings Limited