We operate a leading independent technology platform enabling financial services in China in terms of loan volume facilitated, according to Oliver Wyman. We connect business partners and financial partners on our open platform and enable them to provide financial services to end users efficiently and effectively. We empower our business partners by providing them with the capability to add a financing option to their product offerings. We help our financial partners adapt to the new digital economy by enabling them to access the online population that they could not otherwise reach efficiently or effectively.
Our independent platform enables us to meet the wide range of needs of our partners and their customers. We offer point-of-sale financing solutions, personal installment loan solutions, business installment loan solutions, wealth management solutions and insurance solutions that are tailored to the needs of our business and financial partners. We also provide them with other tools that supplement those solutions. Our partners can adopt our solutions to provide financial services as a white label solution, through co-branding or under our own brand, allowing them to leverage our expertise while focusing on their own core businesses. As we continue to grow rapidly, serve more partners and end users and accumulate more data, our platform also generates strong network effects for everyone involved.
Pintec is headquartered in Beijing, China at the address below:
216, 2/F East Gate, Pacific Century Place
No. A2 Gongti North Road, Chaoyang District
Beijing, People’s Republic of China
We had 449 employees as of June 30, 2018.
Pintec's fiscal year ends on December 31.
Pintec’s American Depositary Shares (ADSs) have been listed on the NASDAQ since October, 2018, under the symbol "PT".
Each ADS of Pintec represents seven Class A ordinary share. Our ordinary shares are divided into Class A ordinary shares and Class B ordinary shares. In respect of all matters subject to a shareholders’ vote, each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to fifteen votes, voting together as one class. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances. Upon any transfer of Class B ordinary shares by a holder to any person or entity which is not an affiliate of such holder, such Class B ordinary shares shall be automatically and immediately converted into the equivalent number of Class A ordinary shares.
We offered 3,725,000 ADSs in the base offering of our initial public offering. On Nov. 21, 2018, the underwriters exercised their over-allotment option to purchase 483,070 additional ADSs. The offering of the additional ADSs was completed on Nov. 26, 2018. The total number of outstanding ADSs immediately after the offering of additional ADSs in connection with underwriters’ exercise of over-allotment option was 4,208,070.
Annual reports will be available via this website. All SEC documents are also accessible online through the SEC Filings page.
Marcum Bernstein & Pinchuk LLP
Skadden, Arps, Slate, Meagher & Flom LLP
The Bank of New York Mellon Corporation