SHANGHAI, July 22,
2024 /PRNewswire/ -- FinVolution Group
("FinVolution," or the "Company") (NYSE: FINV), a leading fintech
platform, today announced it has released its 2023 Environmental,
Social, and Governance (ESG) report, the Company's sixth
consecutive annual ESG report. The report provides a comprehensive
overview of FinVolution's ESG priorities and endeavors in 2023,
reaffirming the Company's long-standing commitment to
sustainability and fulfilling corporate social responsibility with
innovative, green technologies.
Mr. Tiezheng Li,
Vice-Chairman and CEO of FinVolution, commented, "In
2023, we advanced our mission of 'leveraging innovative
technologies to make financial services better,' as well
as our ESG strategy centered on 'technology, green principles and
kindness.' In addition to giving back to society,
FinVolution emphasizes integrity and compliance, low-carbon
development, and harmonious relationships with employees, partners,
and communities in its ESG management efforts. We also worked
toward the United Nations Sustainable Development Goals (SDGs) and
publicly endorsed and advocated for the Ten Principles of the
United Nations Global Compact. Moving forward, we will continue to
integrate ESG management throughout our business operations and
partnerships, accelerating our transition to sustainable growth and
propelling sustainable development across the industry."
Key highlights from FinVolution's 2023 ESG report include the
Company's initiatives with respect to:
- ESG management;
- Comprehensive risk management;
- Information security & privacy protection;
- Responsible and sustainable operations;
- Access to finance;
- Employee care and training & development mechanisms;
and
- Contribution to industry development.
These disclosures detail the Company's strategy for responsible
and sustainable growth and innovation. The ESG report has been
prepared in compliance with the Global Reporting Initiative's
Sustainability Reporting Standards (GRI Standards) and in
accordance with MSCI ESG Rating Methodology. For more information
regarding GRI Standards and MSCI ESG Rating Methodology, please
visit:
https://www.globalreporting.org
https://www.msci.com
To download FinVolution's ESG reports, please visit:
https://ir.finvgroup.com/ESG-Sustainability
About FinVolution Group
FinVolution Group is a leading fintech platform with strong
brand recognition in China and the
international markets connecting borrowers of the young generation
with financial institutions. Established in 2007, the Company is a
pioneer in China's online consumer
finance industry and has developed innovative technologies and
accumulated in-depth experience in the core areas of credit risk
assessment, fraud detection, big data and artificial
intelligence. The Company's platforms, empowered by proprietary
cutting-edge technologies, feature a highly automated loan
transaction process, which enables a superior user experience. As
of March 31, 2024, the Company had
over 185.5 million cumulative registered users across China, Indonesia and the
Philippines.
For more information, please visit http://ir.finvgroup.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. 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 to, uncertainties as to
the Company's ability to attract and retain borrowers and investors
on its marketplace, its ability to increase the volume of loans
facilitated through the Company's marketplace, its ability to
introduce new loan products and platform enhancements, its ability
to compete effectively, laws, regulations and governmental policies
relating to the online consumer finance industry in China, general economic conditions in
China, and the Company's ability
to meet the standards necessary to maintain the listing of its ADSs
on the NYSE, including its ability to cure any non-compliance with
the NYSE's continued listing criteria. 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 FinVolution 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:
FinVolution Group
Head of Investor Relations
Jimmy Tan, IRC
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: ir@xinye.com
Piacente Financial Communications
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: finv@tpg-ir.com
In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: finv@tpg-ir.com
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SOURCE FinVolution Group