Welcome to our dedicated page for Jianpu Technology news (Ticker: JT), a resource for investors and traders seeking the latest updates and insights on Jianpu Technology stock.
Jianpu Technology Inc. (NYSE: JT) operates China's leading independent platform for financial product discovery through its Rong360 brand. This news hub provides investors and industry observers with essential updates about the company's operational developments, financial performance, and strategic initiatives in China's evolving fintech sector.
Access authoritative coverage of JT's quarterly earnings reports, partnership announcements, and regulatory updates. Our curated news collection enables efficient tracking of the company's progress in big data solutions, AI integration, and financial ecosystem development. Stay informed about management decisions that impact JT's position in credit recommendation services and risk management technologies.
Key updates include analysis of financial results, executive leadership changes, product innovations, and market expansion efforts. The resource serves both casual observers conducting initial research and professional analysts monitoring JT's capital-light business model evolution. All content maintains strict editorial independence while prioritizing factual accuracy.
Bookmark this page for ongoing access to verified information about Jianpu Technology's operational milestones. Check regularly for new developments affecting the company's role in China's financial digital transformation landscape.
Jianpu Technology Inc. (NYSE: JT) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2019, with the SEC on April 30, 2021. The report includes audited consolidated financial statements and is accessible on the SEC's website and Jianpu's investor relations site. Jianpu focuses on providing an independent open platform for financial product discovery and recommendations, leveraging data insights to empower users and financial service providers.
Jianpu Technology Inc. (NYSE: JT) has concluded an independent review of transactions involving its Credit Card Recommendation Business Unit. Findings indicate questionable transactions with undisclosed relationships, leading to inflated revenues. Approximately RMB 90 million and RMB 164 million of overstated revenue for fiscal years 2018 and 2019 will be restated, resulting in a net loss impact of RMB 34 million for 2019. The company is implementing a remediation plan and aims to regain NYSE compliance by submitting its 2019 Form 20-F by July 1, 2021.
Jianpu Technology Inc. (NYSE: JT) has received an extension from NYSE Regulation to file its Annual Report on Form 20-F for the year ended December 31, 2019, due by July 1, 2021. This extension is contingent upon the Company achieving interim milestones set by the NYSE. Failure to comply could prompt accelerated trading suspension or delisting procedures. Jianpu asserts its commitment to maintaining an independent platform for financial product discovery and recommendations in China, serving both users and financial service providers.
Jianpu Technology Inc. (NYSE: JT) announced a planned change in its American Depositary Shares (ADS) ratio from 2 ADSs to 5 Class A ordinary shares to 1 ADS to 20 Class A ordinary shares, effective around October 30, 2020. This change equates to a one-for-eight reverse ADS split. Current ADS holders must exchange their existing shares as per the new ratio. The company believes this adjustment will help restore compliance with New York Stock Exchange listing requirements after receiving a non-compliance letter. However, there is no guarantee of achieving this goal.
Jianpu Technology (NYSE: JT) announced it has registered its mobile application, Rong360, with the National Internet Finance Association of China (NIFA), ensuring compliance with government regulations. This marks a significant milestone in user privacy protection and cybersecurity for the company. CEO David Ye emphasized the recognition by government authorities, reinforcing their commitment to safeguarding user data in the digital finance industry. As mobile internet usage grows, Jianpu aims to enhance financial services while collaborating with regulators to promote sustainable development in the sector.
Jianpu Technology Inc. (NYSE: JT) has announced that CEO Daqing Ye has been appointed vice chairman of the Mobile Application Security Committee, under MTIA, aimed at enhancing mobile app security in China. This role recognizes Jianpu's efforts in establishing industry standards for digital financial platforms and safeguarding user privacy. Ye emphasized the importance of collaboration with other tech firms to foster a secure online environment and improve consumer financial education. The company continues to provide personalized financial product recommendations through its independent platform.
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