360 Finance Announces Investment Plan by Significant Shareholder and Certain Management Members
Qifu Technology, Inc - American Depositary Shares (QFIN)
Company Research
Source: GlobeNewswire
SHANGHAI, China, Dec. 11, 2019 (GLOBE NEWSWIRE) -- 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced that it was informed by Mr. Hongyi Zhou and certain management of the Company that they have reached an agreement with FountainVest Partners, pursuant to which they plan to jointly invest up to US$60 million to purchase QFIN shares in the next twelve months. Mr. Hongyi Zhou, the chairman of the board of directors, commented, “I’m very pleased to announce that I, together with the Company’s management team and FountainVest, will further increase our collective stake in the Company. This reflects our confidence in the Company’s business prospects and our long-term commitment to the Company’s strategy. I’m proud of the achievements the Company has made over the past few years in serving inclusive finance. Building on the Company’s solid foundation and with a strong sense of social responsibility, the Company
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QFIN
News
- Qifu Technology, Inc. (NASDAQ: QFIN) had its price target raised by analysts at Citigroup Inc. from $31.44 to $37.50. They now have a "buy" rating on the stock.MarketBeat
- Qifu Technology Announces Third Quarter 2024 Unaudited Financial Results and Launches A New US$450 Million Share Repurchase Plan for 2025GlobeNewswire
- Qifu Technology to Announce Third Quarter 2024 Unaudited Financial Results on November 19, 2024GlobeNewswire
- Qifu Technology Responds to Short Seller ReportGlobeNewswire
QFIN
Earnings
- 11/19/24 - Beat
QFIN
Sec Filings
- 11/19/24 - Form 6-K
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- QFIN's page on the SEC website