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OneConnect Financial Technology Secures Approval for Key Agreements

OneConnect Financial Technology Secures Approval for Key Agreements

OneConnect Financial Technology Holds Extraordinary General Meeting

OneConnect Financial Technology Co., Ltd. (NYSE: OCFT), a prominent provider of technology-as-a-service in the financial services sector, recently convened an extraordinary general meeting for its shareholders. The meeting was significant as it addressed important resolutions concerning various service agreements that are essential for the company’s operational strategy.

Resolutions Passed by Shareholders

During the meeting, shareholders unanimously approved multiple critical agreements that will steer the company’s operations for the upcoming years. These included the 2024 Provision of Products and Services Agreement, the 2024 Services and Products Purchasing Agreement, the 2024 Financial Services Purchasing Agreement, and the 2024 Property Leasing Agreement. Each agreement is designed to enhance the company's capabilities in delivering comprehensive technology solutions to its clients.

Details of the Approved Agreements

2024 Provision of Products and Services Agreement

The 2024 Provision of Products and Services Agreement outlines the product and service delivery framework for the next three years, ensuring that customers receive advanced technological support aligned with best practices in the financial industry. Furthermore, it includes annual caps set until the end of December 2027, ensuring financial stability and predictability for both parties.

2024 Services and Products Purchasing Agreement

The services and products purchasing agreement conveys the company’s commitment to versatility in service provision and ensures a streamlined purchasing process that meets the evolving needs of its clients throughout the coming years.

Financial Services Purchasing Agreement

This agreement focuses on the acquisition of essential technology services required for operational effectiveness, allowing OneConnect to maintain its competitive edge in the financial technology space.

Property Leasing Agreement

The property leasing agreement guarantees that OneConnect can secure spaces necessary for its operations, providing an essential foundation for its continued growth and expansion in the market.

About OneConnect

OneConnect Financial Technology Co., Ltd. has established itself as a baseline provider of technology solutions for the financial services industry. By fusing extensive domain knowledge with cutting-edge technology, the company delivers innovative applications and services tailored to meet the diverse needs of financial institutions. Key components of its service offerings include digital banking solutions, digital insurance, and the Gamma Platform—a critical technology infrastructure for financial service providers.

Engaging with Financial Institutions

The company has cultivated long-lasting relationships with various financial institutions, facilitating their digital transformation initiatives. Notably, OneConnect has also extended its reach, offering its technology solutions to international financial entities, thereby solidifying its reputation as a leader in technological innovation within the financial sector.

Connect with OneConnect

For more details regarding OneConnect Financial Technology and its product offerings, stakeholders can visit the official website.

Contacts

Investor Relations:
OCFT IR Team
Email: OCFT_IR@ocft.com

Media Relations:
OCFT PR Team
Email: pub_jryztppxcb@pingan.com.cn

Frequently Asked Questions

What recent agreements were approved by OneConnect shareholders?

Shareholders approved several key agreements, including the Provision of Products and Services Agreement and the Financial Services Purchasing Agreement, aimed at enhancing the company's service capabilities.

How does OneConnect support financial institutions?

OneConnect provides technology solutions designed to facilitate digital transformation for financial institutions, thereby improving efficiency and reducing operational risks.

What is the significance of the Gamma Platform?

The Gamma Platform serves as a vital technology infrastructure that supports financial institutions in adopting advanced digital solutions.

What is OneConnect's strategy for international markets?

OneConnect aims to extend its technology solutions to international financial institutions, enhancing its global footprint and influence in the financial services sector.

How can investors reach out to OneConnect’s investor relations?

Investors can contact the OCFT IR Team via email at OCFT_IR@ocft.com for inquiries.

About The Author

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