LexinFintech Holdings Ltd. Announces Management and Board Changes
LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX),
a leading online and offline consumption platform and a
technology-driven service provider in China, today announced that
Ms. Sunny Rui Sun has tendered her resignation as the chief
financial officer (the “CFO”) and a director of the Company for
personal reasons. Mr. Kris Qian Qiao has also tendered his
resignation as the chief financing cooperation officer and a
director of the Company for personal reasons. The resignations of
Ms. Sun and Mr. Qiao are effective on December 30, 2022. Meanwhile,
the board of directors of the Company (the “Board”) has appointed
Mr. James Xigui Zheng as the CFO and a director of the Company,
effective on January 1, 2023.
“On behalf of the Board and the company, I would like to express
our sincere gratitude to Sunny and Kris for their dedication and
valuable contributions to Lexin since they joined us, and we wish
them all the best in their future endeavors,” said Mr. Jay Wenjie
Xiao, Lexin’s chairman and chief executive officer. “Meanwhile, we
look forward to having James as the CFO and a director, as we will
benefit from his extensive experience in management positions,
expertise in the industry, and invaluable insights in consumer
finance in general. We are very happy to have James joining us and
confident that the company will be able to drive continued
sustainable development under the leadership of James,” Mr. Xiao
Prior to joining us, Mr. James Xigui Zheng served as the chief
financial officer of Lufax Holding Ltd (NYSE: LU) from December
2017 to May 2022. He has served as the chief financial officer of
Shanghai Lufax Information Technology Co., Ltd. (formerly known as
Shanghai Lujiazui International Financial Asset Exchange Co., Ltd.)
from August 2014 to December 2017. Mr. Zheng served as a senior
consultant at Accenture (formerly known as Andersen Consulting)
from 1992 to 1994. From 1994 to 2000, Mr. Zheng held various
positions at U S West Inc. MediaOne (now part of Comcast) and U S
West Communications (now part of CenturyLink). Mr. Zheng joined
eBay Inc. in May 2000 where he served various senior management
positions, including chief financial officer and chief operation
officer of eBay China from August 2003 to July 2005 and the chief
operating officer of PayPal China from July 2005 to August 2007.
Mr. Zheng served as the president of Beijing Kaituo Tianji
Information Technology Limited Company from August 2007 to March
2010. He subsequently joined Shanghai Fosun Hi-tech (Group) Co.,
Ltd. where he was the deputy chief financial officer of the group
from May 2010 to August 2012, the chief executive officer of JOY.CN
from August 2012 to September 2013 and the managing director of
Fosun Capital from September 2013 to August 2014. Mr. Zheng
obtained his MBA degree from the University of Denver in June 1992.
He is a certified public accountant in the State of Colorado.
About LexinFintech Holdings Ltd.
Lexin is a leading online and offline consumption platform and a
technology-driven service provider in China. Established in 2013,
the Company leverages its profound understanding of consumers in
China and the valuable experience of partnering with hundreds of
financial institutions over the years, as well as its advanced
technological capabilities, to connect fast-growing new generation
consumers and small and micro-enterprise owners with
well-established national and regional funding partners.
For more information, please visit http://ir.lexin.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about Lexin’s
beliefs and expectations, are forward-looking statements. These
forward-looking statements can be identified by terminology such as
“will,” expects,” “anticipates,” “future,” “intends,” “plans,”
“believes,” “estimates,” “confident” and similar statements. Among
other things, quotations from management in this announcement
contain forward-looking statements. Lexin may also make written or
oral forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission (the “SEC”), in its annual
report to shareholders, in press releases and other written
materials and in oral statements made by its officers, directors or
employees to third parties. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Lexin’s goal and strategies; Lexin’s expansion plans;
Lexin’s future business development, financial condition and
results of operations; Lexin’s expectation regarding demand for,
and market acceptance of, its credit and investment management
products; Lexin’s expectations regarding keeping and strengthening
its relationship with borrowers, institutional funding partners,
merchandise suppliers and other parties it collaborates with;
general economic and business conditions; and assumptions
underlying or related to any of the foregoing. Further information
regarding these and other risks is included in Lexin’s filings with
the SEC. All information provided in this press release and in the
attachments is as of the date of this press release, and Lexin does
not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
For investor and media inquiries, please
LexinFintech Holdings Ltd.
Tel: +86 (755) 3637-8888 ext. 6258
Tel: +86 (755) 3637-8888 ext. 6993
SOURCE LexinFintech Holdings Ltd.
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