PT Overview

Transaction Announcement: Pintec Technology Holdings Limited has announced a transaction to transfer its entire equity interest in Romantic Park Holdings Limited to Vantage Capital Limited, which includes the assignment of certain debts and claims.

Related-Party Transaction: The transaction is classified as a related-party transaction due to the involvement of an officer from Pintec's variable interest entity, with approval from the Company's Audit Committee and Board of Directors.

Strategic Focus: The Board of Directors stated that this transaction is a significant milestone for Pintec, as it aims to refine its business structure and enhance its focus on providing financial and digital solutions to micro, small, and medium-sized enterprises globally.

Forward-Looking Statements: The press release includes forward-looking statements regarding the company's expectations and plans, highlighting potential risks and uncertainties that could affect future results.

Board Resignations and Appointments: Pintec Technology Holdings announced the resignations of directors Chao Chen and Tixin Li, with Xin Yang and Hao Liu appointed as their replacements. The resignations were not due to any disagreements with the company.

Experience of New Directors: Xin Yang, the new CFO, has 20 years of experience in financial management, while Hao Liu has a strong background in fintech, having held various leadership roles in technology and finance sectors.

Company's Commitment: Pintec is dedicated to providing innovative financial and digital solutions for micro, small, and medium enterprises globally, enhancing partnerships and supporting financial institutions.

Forward-Looking Statements: The press release includes forward-looking statements regarding the company's strategic plans and potential risks, emphasizing the uncertainties that could affect future results.