Pintec Technology Holdings Limited, together with its subsidiaries, operates an online technology platform that enables financial services in the People's Republic of China. The company connects business partners and financial partners on its platform and enables them to provide financial services to end users. Its technology platform's financial services include assistance for borrowers to obtain loans from third party investors and various financial partners; a lending solution for borrowers who want to finance online purchases or who have personal or business installment loan requests; and a wealth management and insurance product distribution solution for asset management and insurance companies to facilitate the sales of products. The company was founded in 2012 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2018
Exchange: NASDAQ
Website: pintec.com
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BEIJING, Aug. 12, 2024 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ:NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that Mr. Alex Wu, President, Chief Financial Officer and Director of the Company, resigned from the Company for personal reasons, effective August 9, 2024. The Company has appointed Mr. Steven Sim to succeed Mr. Wu as Chief Financial Officer, effective August 12, 2024. Mr. Wu will continue to serve in an advisory role until November 8, 2024, to ensure an orderly and effective transition. "I want to thank Alex for his many contributions to NaaS. We are grateful for the counsel and leadership he has provided, and we wi
BEIJING, Dec. 29, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("Pintec" or the "Company"), is a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises in China, today announced the appointment of Mr. Xin Yang as Chief Financial Officer of the Company, effective on December 29, 2023. Mr. Zexiong Huang has resigned from his position as the acting Chief Financial Officer of the Company and will continue to serve as the Chief Executive Officer and a member of the board of directors of the Company. Mr. Xin Yang, age 42, has 20 years of experience in accounting and financial management. Mr. Yang is profici
BEIJING, Nov. 8, 2024 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("Pintec" or the "Company"), a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises in China, today announced its unaudited financial results for the six months ended June 30, 2024. First Half 2024 Financial Highlights Total revenues decreased by 57.5% or RMB20.17 million to RMB14.92 million (US$2.09 million) for the first half of 2024 compared to total revenues of RMB35.09 million for the same period of 2023.Gross profit increased by 111.6% to RMB8.90 million (US$1.25 million) for the first half of 2024 from RMB4.21 million for the same pe
BEIJING, Aug. 12, 2024 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ:NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that Mr. Alex Wu, President, Chief Financial Officer and Director of the Company, resigned from the Company for personal reasons, effective August 9, 2024. The Company has appointed Mr. Steven Sim to succeed Mr. Wu as Chief Financial Officer, effective August 12, 2024. Mr. Wu will continue to serve in an advisory role until November 8, 2024, to ensure an orderly and effective transition. "I want to thank Alex for his many contributions to NaaS. We are grateful for the counsel and leadership he has provided, and we wi
BEIJING, April 30, 2024 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("Pintec" or the "Company"), is a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission ("SEC") on April 30, 2023 Eastern Time. The annual report can be accessed on the Company's investor relations website at ir.pintec.com or the SEC's website at www.sec.gov. The Company will provide hard copies of its annual report, free of charge, to its shareholders and ADS holders upon request. R
BEIJING, April 30, 2024 (GLOBE NEWSWIRE) -- Pintec Technology Holdings Limited (NASDAQ:PT) ("Pintec" or the "Company"), a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, announced on December 28, 2023 its unaudited financial results for the six months ended June 30, 2023 (the "Interim Report"). In the Interim Report, the Company disclosed the gain from disposal of its wholly owned subsidiary Sky City Holding Limited and its subsidiaries (collectively "SCHL Group") for RMB6.71 million. However, when preparing the financial statements for the year ended December 31, 2023, the Company noted the following error
BEIJING, Dec. 29, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("Pintec" or the "Company"), is a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises in China, today announced the appointment of Mr. Xin Yang as Chief Financial Officer of the Company, effective on December 29, 2023. Mr. Zexiong Huang has resigned from his position as the acting Chief Financial Officer of the Company and will continue to serve as the Chief Executive Officer and a member of the board of directors of the Company. Mr. Xin Yang, age 42, has 20 years of experience in accounting and financial management. Mr. Yang is profici
BEIJING, Dec. 28, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("Pintec" or the "Company"), a Nasdaq-listed company providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced its unaudited financial results for the six months ended June 30, 2023. First Half 2023 Financial Highlights Total revenues were RMB35.09 million (US$4.86 million) for the first half of 2023 compared to total revenues of RMB39.82 million for the same period of 2022.Gross profit decreased by 79.48% to RMB4.21 million (US$0.58 million) for the first half of 2023 from RMB20.51 million for the same period of 2022. Gross margin was 11.
BEIJING, May 26, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("Pintec" or the "Company"), a Nasdaq-listed group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced that Pintec entered into a series of agreements with Otov Alfa Holdings Limited ("Otov") to terminate all terms and provisions of the warrant agreement dated October 19, 2020 (the "Warrant Agreement"), pursuant to which Otov's rights to purchase a certain number of class A ordinary shares of the Company have been ceased and terminated. On May 26, 2023, Pintec and Otov entered into a share transfer agreement (the "Share Transfer Agreem
BEIJING, May 15, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("Pintec" or the "Company"), a Nasdaq-listed group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission ("SEC") on May 12, 2023 Eastern Time. The annual report can be accessed on the Company's investor relations website at ir.pintec.com or the SEC's website at www.sec.gov. The Company will provide hard copies of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests s
BEIJING, April 12, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("PINTEC" or the "Company"), a Nasdaq listing group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced that it has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq"), informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1). As previously announced, the Company was notified by Nasdaq on October 21, 2022 that it was not in compliance with the minimum bid price requirement set forth in Nasdaq Lis
BEIJING, March 17, 2023 /PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ:PT) ("PINTEC" or the "Company"), a leading independent technology platform enabling financial services in China, today announced that it has entered into share purchase agreements with certain investors on March 16, 2023. Under the share purchase agreements, the Company agrees to sell and issue an aggregate of 254,450,000 Class A ordinary shares of the Company for a total purchase price of US$4,000,000. The per share purchase price is approximately US$0.0157, which is calculated as 92% of the average closing sale price of the Company's American depositary shares ("ADSs") during the five trading days immediatel
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Pintec Technology Holdings Limited (NASDAQ:PT) ("PINTEC" or the "Company"), a Nasdaq listing group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced that it has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq"), informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1). As previously announced, the Company was notified by Nasdaq on October 21, 2022 that it was not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1), as the closing bi
The most overbought stocks in the financial sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Pintec Technology Holdings Limited (NASDAQ:PT) PINTEC announced a $4 million private placement of Class A ordinary shares. The company’s stock has a 52-week high of $3.70 . RSI
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