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Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Accounting & Finance
u51.com

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Founded Year

2012

Stage

IPO | IPO

Total Raised

$509.93M

Date of IPO

7/13/2018

Market Cap

1.79B

About 51Xinyongka

U51.com (HK: 2051) is a credit card and online financial services mobile app that helps users manage their credit card bills, invest in wealth management products, apply for online loans and provide other personal credit-based financial services.

51Xinyongka Headquarter Location

Hangzhou, Zhejiang ,

China

Latest 51Xinyongka News

51 Credit Card : Next Day Disclosure Return - Cancellation of bought back shares

Nov 20, 2019

0 Message : Next Day Disclosure Return (Equity issuer - changes in issued share capital and/or share buybacks) Name of listed issuer: 51 Credit Card Inc. (Incorporated in the Cayman Islands with limited liability) Stock code: 02051 Date submitted: 20 November 2019 Section I must be completed by a listed issuer where there has been a change in its issued share capital which is discloseable pursuant to rule 13.25A of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Exchange"). Section II must also be completed by a listed issuer where it has made a repurchase of shares which is discloseable under rule 10.06(4)(a). Description of securities: Ordinary shares I. Closing market price (Note 5) and 11 September and 2, 3, 4, (2,772,000) cancelled on 20 November For Main Board listed issuers We hereby confirm to the best knowledge, information and belief that, in relation to each issue of securities as set out in Section I, it has been duly authorized by the board of directors of the listed issuer and, insofar as applicable: (Note 9) all money due to the listed issuer in respect of the issue of securities has been received by it; all pre-conditions for the listing imposed by the Listing Rules under "Qualifications of listing" have been fulfilled; all (if any) conditions contained in the formal letter granting listing of and permission to deal in the securities have been fulfilled; all the securities of each class are in all respects identical (Note 10); all documents required by the Companies (Winding Up and Miscellaneous Provisions) Ordinance to be filed with the Registrar of Companies have been duly filed and that compliance has been made with other legal requirements; all the definitive documents of title have been delivered/are ready to be delivered/are being prepared and will be delivered in accordance with the terms of issue; completion has taken place of the purchase by the issuer of all property shown in the listing document to have purchased or agreed to be purchased by it and the purchase consideration for all such property has been duly satisfied; and the trust deed/deed poll relating to the debenture, loan stock, notes or bonds has been completed and executed, and particulars thereof, if so required by law, have been filed with the Registrar of Companies. Notes to Section I: Where shares have been issued at more than one issue price per share, a weighted average issue price per share should be given. Please insert the closing balance date of the last Next Day Disclosure Return published pursuant to rule 13.25A or Monthly Return pursuant to rule 13.25B, whichever is the later. Please set out all changes in issued share capital requiring disclosure pursuant to rule 13.25A together with the relevant dates of issue. Each category will need to be disclosed individually with sufficient information to enable the user to identify the relevant category in the listed issuer's Monthly Return. For example, multiple issues of shares as a result of multiple exercises of share options under the same share option scheme or of multiple conversions under the same convertible note must be aggregated and disclosed as one category. However, if the issues resulted from exercises of share options under 2 share option schemes or conversions of 2 convertible notes, these must be disclosed as 2 separate categories. The percentage change in the number of issued shares of listed issuer is to be calculated by reference to the listed issuer's total number of shares in issue (excluding for such purpose any shares repurchased or redeemed but not yet cancelled) as it was immediately before the earliest relevant event which has not been disclosed in a Monthly Return or Next Day Disclosure Return. 3/2019 For Main Board listed issuers Where trading in the shares of the listed issuer has been suspended, "closing market price per share of the immediately preceding business day" should be construed as "closing market price per share of the business day on which the shares were last traded". In the context of a repurchase of shares: "issues of shares" should be construed as "repurchases of shares"; and "issued shares as a % of existing number of shares before relevant share issue" should be construed as "repurchased shares as a % of existing number of shares before relevant share repurchase". In the context of a redemption of shares: "issues of shares" should be construed as "redemptions of shares"; "issued shares as a % of existing number of shares before relevant share issue" should be construed as "redeemed shares as a % of existing number of shares before relevant share redemption"; and "issue price per share" should be construed as "redemption price per share". The closing balance date is the date of the last relevant event being disclosed. Items (i) to (viii) are suggested forms of confirmation which may be amended to meet individual cases. "Identical" means in this context: the securities are of the same nominal value with the same amount called up or paid up; they are entitled to dividend/interest at the same rate and for the same period, so that at the next ensuing distribution, the dividend/interest payable per unit will amount to exactly the same sum (gross and net); and they carry the same rights as to unrestricted transfer, attendance and voting at meetings and rank pari passu in all other respects. 3/2019 II. Number of shares in issue We hereby confirm that the repurchases set out in A above which were made on the Exchange were made in accordance with the Listing Rules and that there have been no material changes to the particulars contained in the Explanatory Statement datedwhich has been filed with the Exchange. We also confirm that any purchases set out in A above which were made on another stock exchange were made in accordance with the domestic rules applying to purchases made on that other exchange. Note to Section II: Please state whether on the Exchange, on another stock exchange (stating the name of the exchange), by private arrangement or by general offer. Submitted by: Sun Haitao(Name) (Director, Secretary or other duly authorised officer) 3/2019

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Expert Collections containing 51Xinyongka

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

51Xinyongka is included in 4 Expert Collections, including Fintech 250.

F

Fintech 250

248 items

D

Digital Lending

1,018 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

E

Enterprise SaaS

2,452 items

Software-as-a-service (SaaS) – internet based software offered as a subscription – continues to become the de facto standard for software distribution and consumption. Enterprise SaaS continues to show particular promise, emerging as one of the most well-funded categories. Startu

F

Fintech

10,682 items

Excludes US-based companies

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