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-0.00602409638554231 -0.00602409638554231 -0.00439759036144597 -1.33761810195802E-16 -1.33761810195802E-16 0.0307228915662649 0.0542168674698793 0.0602409638554215
Stock impact report

FinVolution Group Chairman Purchases Company Shares

FinVolution Group American Depositary Shares (FINV) 
Company Research Source: PR Newswire
SHANGHAI, April 20, 2020 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that Mr. Shaofeng Gu, Chairman and Chief Innovation Officer of the Company has informed the Company that he has purchased in his personal capacity approximately 1.02 million of the Company's American Depositary Shares between March 23, 2020 to March 31, 2020. The purchases were made during an open window period and in full compliance with all company and legal guidelines.Mr. Shaofeng Gu commented, "In a little more than 18 months, we have successfully transitioned our platform from being primarily funded by individual investors to being fully funded by institutional funding partners while maintaining our profitability. I believe the current share price undervalues the potential of the Company and serves as a highly attractive investment opportunity."As of March 31, 2020, Mr. Shaofeng Gu beneficially owned 404,957,375 ordinary s Show less Read more
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