X Financial Postpones Release of Fourth Quarter and Fiscal Year 2020 Financial Results to April 23, 2021
X Financial (NYSE: XYF) has announced a postponement of its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020, now scheduled for April 23, 2021.
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Rhea-AI Summary
X Financial (NYSE: XYF) has announced a postponement of its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020, now scheduled for April 23, 2021. The management team will hold an earnings conference call on April 26, 2021, at 7:00 AM U.S. Eastern Time. The delay raises concerns among investors regarding the company's financial transparency and operational challenges. X Financial connects borrowers with institutional partners for loans, leveraging technology for risk assessment.
Positive
- None.
Negative
- Postponement of financial results may indicate operational difficulties.
- Investor concerns about transparency due to delayed reporting.
Details
News Market Reaction – XYF
The recorded move for XYF in the trading session of this news was -8.47%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SHENZHEN, China, April 19, 2021 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company"), a leading technology-driven personal finance company in China, today announced that it is postponing the release of its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020, to April 23, 2021, after market closes.
X Financial's management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on Monday, April 26, 2021 (7:00 PM Beijing / Hong Kong Time on the same day).
Dial-in details for the earnings conference call are as follows:
United States: | 1-888-346-8982 |
Hong Kong: | 852-301-84992 |
Mainland China: | 4001-201203 |
International: | 1-412-902-4272 |
Passcode: | X Financial |
Please dial in ten minutes before the call is scheduled to begin and provide the passcode to join the call.
A replay of the conference call may be accessed by phone at the following numbers until May 3, 2021:
United States: | 1-877-344-7529 |
International: | 1-412-317-0088 |
Passcode: | 10154438 |
Additionally, a live and archived webcast of the conference call will be available at http://ir.xiaoyinggroup.com.
About X Financial
X Financial (NYSE: XYF) (the "Company") is a leading online personal finance company in China. The Company is committed to connecting borrowers on its platform with its institutional funding partners. With its proprietary big data-driven technology, the Company has established strategic partnerships with financial institutions across multiple areas of its business operations, enabling it to facilitating loans to prime borrowers under a robust risk assessment and control system.
For more information, please visit: http://ir.xiaoyinggroup.com.
For more information, please contact:
X Financial
Mr. Frank Fuya Zheng
E-mail: ir@xiaoying.com
Christensen
In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: Eyuan@christensenir.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com
View original content:http://www.prnewswire.com/news-releases/x-financial-postpones-release-of-fourth-quarter-and-fiscal-year-2020-financial-results-to-april-23-2021-301271144.html
SOURCE X Financial
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