Qifu Technology (QFIN) Responds to Short Seller Report

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Go back to Qifu Technology (QFIN) Responds to Short Seller Report

Qifu Technology Responds to Short Seller Report

September 27, 2024 9:27 AM EDT

SHANGHAI, China, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (Qifu Technology or the Company), a leading Credit-Tech platform in China, today issues the following preliminary responses to the key claims made in a report (the Report) by Grizzly Research, a short seller, on September 26, 2024.

The Company believes that the Report is without merit and contains inaccurate information, flawed analyses, misleading conclusions and interpretations regarding information relating to the Company. Specifically:

The SAMR (SAIC) Financial Data Used in the Report is Completely Wrong.

The Report makes... More