Jiayin Group announces purchase of commercial property
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
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Acquisition Announcement: Jiayin Group has entered into a definitive agreement to purchase commercial property in Shanghai, China, covering approximately 43,500 square meters for around RMB1.35 billion.
Headquarters Relocation: The acquired property will serve as the new headquarters for Jiayin Group.
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Analyst Views on JFIN
About JFIN
Jiayin Group Inc is a holding company primarily engaged in the operation of fintech platforms. The Company is primarily engaged in the provision of access to credit for borrowers. The Company is engaged in the provision of consumer loans with a term of no more than 12 months. The loans are from institutional funding partners, including commercial banks, trusts, consumer finance companies and microcredit companies. The Company is also engaged in the provision of referral services for investment products, as well as guarantee services. The Company primarily conducts its businesses in the domestic market.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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