HANGZHOU, China, Nov. 18, 2021 /PRNewswire/ -- Weidai Ltd.
("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed
financing solution provider in China, today announced that it will hold its
annual general meeting of shareholders at Hongxin Science and
Technology Park, No.668, Jianshe Third Road, Xiaoshan District,
Hangzhou, Zhejiang Province, the People's Republic of China on December 15, 2021 at 11:00
a.m. (local time).
No proposals will be submitted for shareholder approval at the
annual general meeting. Instead, the annual general meeting will
serve as an open forum for shareholders to discuss the Company's
affairs with management.
The Board of Directors of the Company has fixed the close of
business on November 19, 2021 as the
record date for determining the shareholders entitled to receive
notice of the annual general meeting or any adjournment or
postponement thereof.
Holders of record of the Company's ordinary shares at the close
of business on the record date will be entitled to attend the
annual general meeting and any adjournment or postponement thereof
in person.
The notice of the annual general meeting is available on the
Company's website at http://weidai.investorroom.com/. The Company
filed its annual report on Form 20-F for the fiscal year ended
December 31, 2020, with the U.S.
Securities and Exchange Commission (the "SEC") on April 8, 2021, U.S. Eastern Time. The annual
report can be accessed on the SEC's website at www.sec.gov. The
Company will also provide a hard copy of its annual report
containing its audited consolidated financial statements, free of
charge, to its shareholders and American Depositary Share holders
upon request.
About Weidai Ltd.
Weidai Ltd. is a pioneer and leading auto-backed financing
solution provider in China
supported by sophisticated and effective risk management system and
technology. The Company transforms used automobiles, a type of
"non-standard" collateral, into investable assets, to provide
accessible credit for China's
small and micro enterprises, and connects the borrowers with
institutional funding partners through its platform.
For more information, please visit
http://weidai.investorroom.com/.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 21E of the Securities Exchange Act of 1934,
as amended, and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "target," "confident" and similar statements. Weidai
may also make written or oral forward-looking statements in its
periodic reports to 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. Statements that are not historical facts, including
statements about Weidai's beliefs and expectations, are
forward-looking statements. Such statements are based upon
management's current expectations and current market and operating
conditions, and relate to events that involve known or unknown
risks, uncertainties and other factors, all of which are difficult
to predict and many of which are beyond the Company's control.
Forward-looking statements involve risks, uncertainties and other
factors that could cause actual results to differ materially from
those contained in any such statements. Potential risks and
uncertainties include, but are not limited the following: Weidai's
goal and strategies; Weidai's expansion plans; Weidai's future
business development, financial condition and results of
operations; Weidai's expectations regarding demand for, and market
acceptance of, its solutions and services; Weidai's expectations
regarding keeping and strengthening its relationships with
borrowers, investors and financial institutions and other platform
participants; general economic and business conditions; Weidai's
assumptions underlying or related to any of the foregoing
regulations and governmental policies relating to the online
consumer finance industry in China; and Weidai's ability to meet the
standards necessary to maintain listing of its ADSs on the NYSE,
including its ability to cure any non-compliance with the NYSE's
continued listing criteria; litigation and negative publicity
surroundings China-based companies
listed in the U.S.; and the duration of the COVID-19 outbreak,
including the emergence of COVID variants, and its potential impact
on the Company's business and financial performance. Further
information regarding these and other risks, uncertainties or
factors is included in the Company's filings with the U.S.
Securities and Exchange Commission. All information provided in
this press release is as of the date of this press release, and
Weidai does not undertake any obligation to update any
forward-looking statement as a result of new information, future
events or otherwise, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Christensen
Mr. Rene Vanguestaine
Tel: +86-10-5900-1548
E-mail: rvanguestaine@christensenir.com
In US:
Christensen
Ms. Linda Bergkamp
Tel: +1-480-614-3004
E-mail: lbergkamp@christensenir.com
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SOURCE Weidai Ltd.