X Financial Announces Upcoming Annual Shareholder Meeting
X Financial, a prominent online personal finance company in China, is gearing up for an important event. The company has shared that it will host its annual general meeting of shareholders, providing a platform for stakeholders to engage with management about company affairs.
Meeting Details and Attendance
The meeting is scheduled to take place on December 18, 2025, at 10:00 a.m. local time. The location for this significant event is set at Block A, Aerospace Science and Technology Plaza, situated at No. 168 Haide Third Avenue in Nanshan District, Shenzhen. This venue will welcome participants including shareholders of Class A and Class B ordinary shares.
Opportunity for Shareholder Interaction
During this annual gathering, there will be no formal proposals up for shareholder approval. Instead, it will serve as an open forum where shareholders can voice their opinions and discuss various topics about the company's operations and future direction with management. This format encourages a closer connection between shareholders and the board, allowing for a collaborative atmosphere.
Record Date for Participation
The Board of Directors has established December 4, 2025, as the record date. This means that only those who are listed as shareholders on that date will be entitled to attend the meeting. Both holders of Class A and Class B ordinary shares will be able to attend in person. Additionally, beneficial owners of the company’s American Depositary Shares (ADSs) are invited to join the meeting.
Annual Report and Transparency
In terms of transparency, X Financial has filed its annual report on Form 20-F for the fiscal year ending December 31, 2024, with the Securities and Exchange Commission. This report not only provides critical financial data but also outlines the strategic direction and initiatives of the company as it moves forward. Shareholders interested in the company's performance can request a hard copy of this report, which includes audited financial statements, at no cost.
About X Financial
X Financial prides itself on being a leading player in the online personal finance sector within China. The company's mission focuses on effectively connecting borrowers on its platform with institutional funding partners, utilizing advanced technology driven by big data. Through strategic partnerships with diverse financial institutions, X Financial aims to facilitate loans to prime borrowers while maintaining a robust risk assessment and control system. This commitment to responsible lending supports the company's growth and long-term sustainability.
Conclusion
The upcoming annual general meeting of X Financial presents an excellent opportunity for engagement between shareholders and the management team. Attendees can expect meaningful discussions regarding the company's future and strategies. With a strong foundation built on strategic partnerships and technology, X Financial is well-positioned to continue its growth trajectory in the personal finance space.
Frequently Asked Questions
What is the purpose of the annual general meeting?
The meeting serves as a forum for shareholders to discuss company affairs directly with management, fostering engagement and transparency.
When is the annual general meeting scheduled?
The annual general meeting is set for December 18, 2025, at 10:00 a.m. local time.
How can shareholders attend the meeting?
Shareholders must be on record as of December 4, 2025, to attend the meeting in person.
Will there be any proposals for approval at the meeting?
No formal proposals will be submitted for shareholder approval; the focus will be on discussion and interaction.
Where can I find the annual report?
The annual report is filed with the SEC and can be accessed via request from the company by contacting investor relations.