9F Inc. Reports First Half 2020 Unaudited Financial Results
9F Inc. - American Depositary Shares (JFU)
Company Research
Source: GlobeNewswire
BEIJING, Sept. 29, 2020 (GLOBE NEWSWIRE) -- 9F Inc. (“9F” or “the Company”) (NASDAQ: JFU), a leading digital financial account platform integrating and personalizing financial services in China, today announced its unaudited financial results for the first half ended June 30, 2020. First Half 2020 Operational Highlights Loan origination volume1 was RMB3.4 billion (US$484.6 million) in the first half of 2020, representing a decrease of 90.4% from RMB35.7 billion in the second half of 2019. Loans funded by institutional funding partners2 accounted for 76.7% of total loan origination volume in the first half of 2020, representing a decrease of 3.0% over the second half of 2019. Number of registered users3 was 110.7 million as of June 30, 2020, representing an increase of 9.1% from 101.4 million as of December 31, 2019. Number of active borrowers4 was 0.4 million in the first half of 2020, representing a decrease of 84.4% from 2.4 million in the second half of 2019. Outstanding loan
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Sec Filings
- 2/9/24 - Form SC
- 2/9/24 - Form SC
- JFU's page on the SEC website