Pintec Technology appoints Yong Chen to its Board as Independent Director

– CHINA, Beijing –  Pintec Technology Holdings Limited (Nasdaq: PT), a leading independent technology platform enabling financial services in China, today announced the appointment of Yong Chen to the Company’s board of directors as an independent director, effective August 16, 2019. Mr. Chen will also serve on the compensation committee of the Company’s board of directors.

Mr. Wei Wei, chief executive officer and director of PINTEC, commented: “We are delighted to welcome Mr. Yong Chen to our board. Mr. Chen brings extensive industry knowledge and experience, and we are confident that his expertise will be a great asset to the Company.”

About Yong Chen

Mr. Yong is a founder of Kunteng Equity Investment Fund Management Co., Limited., a venture capital firm established in 2017. Prior to this role, Mr. Chen served as vice president and chief operating officer of Tianya Online Network Technology Co., Ltd., one of the leading internet forums for blogging and bulletin board system in China. Mr. Chen also served on the board and chaired the compensation committee of Sungy Mobile Limited, a company previously listed on Nasdaq. Mr. Chen also served as the general manager of the Guangzhou office of Great Wall Broadband Network Service Co., Ltd. Mr. Chen is a seasoned mobile internet professional with extensive leadership and investment experience with leading Chinese TMT companies and received a bachelor’s degree in computer science and communications from Zhejiang University in China.

About Pintec Technology Holdings Limited

PINTEC is a leading independent technology platform enabling financial services in China. By connecting business and financial partners on its open platform, PINTEC enables them to provide financial services to end-users efficiently and effectively. The Company offers its partners a full suite of customized solutions, ranging from point-of-sale financing, personal installment loans and business installment loans, to wealth management and insurance products. Leveraging its scalable and reliable technology infrastructure, PINTEC serves a wide range of industry verticals covering online travel, e-commerce, telecommunications, online education, SaaS platforms, financial technology, internet search, and online classifieds and listings, as well as various types of financial partners including banks, brokers, insurance companies, investment funds and trusts, consumer finance companies, peer-to-peer platforms and other similar institutions.

For more information: https://www.pintec.com

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