LexinFintech Holdings Ltd. Announces Changes to Board of Directors

Written by Customer Service on . Posted in Public Companies.

SHENZHEN, China, Aug. 18, 2020 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, today announced the appointment of Ms. Annabelle Yu Long to Lexin’s board of directors and the resignation of Mr. Min Xiao from his post as a director of the Company, both effective August 18, 2020. Ms. Long will also serve on Lexin’s audit committee, where she will replace Mr. Xiaoguang Wu, who will continue to serve as a director of the Company, a member of its compensation committee and the chairperson of its nominating and corporate governance committee.
Ms. Annabelle Yu Long currently serves as a member of Bertelsmann Group Management Committee, as the Chief Executive Officer of Bertelsmann China Corporate Center, and is the Founding and Managing Partner of Bertelsmann Asia Investments. Ms. Long also serves on the Board of Directors of Tapestry (NYSE: TPR, its portfolio includes Coach, Stuart Weitzman and Kate Spade), BitAuto (NYSE: BITA), and China Distance Education (NYSE: DL). She holds an MBA from the Stanford Graduate School of Business and a BSEE from the University of Electronic Science and Technology in China.Mr. Jay Wenjie Xiao, Lexin’s chairman and chief executive officer stated, “We are delighted to welcome Ms. Annabelle Yu Long to our board. Ms. Yu has a comprehensive understanding of our business and extensive experience in technology and consumer products, and will add greater diversity to our board. We look forward to working with her closely as we continue to expand and grow.”“At the same time I would like to thank Mr. Min Xiao for his contributions to our board of directors,” continued Mr. Xiao. “Mr. Min Xiao has been a valuable member of the board and we look forward to continuing work together in the future.”About LexinFintech Holdings Ltd.
LexinFintech Holdings Ltd. is a leading online consumption and consumer finance platform for new generation consumers in China. The Company provides a range of services including financial technology services, membership benefits, and a point redemption system through its ecommerce platform Fenqile and membership platform Le Card. The Company works with financial institutions and brands both online and offline to provide a comprehensive consumption ecosystem catering to the needs of young professionals in China. Lexin utilizes advanced technologies such as big data, cloud computing and artificial intelligence throughout the Company’s services and operations, which include risk management, loan facilitation, and the near-instantaneous matching of users’ funding requests with offers from the Company’s many funding partners.For more information, please visit http://ir.lexin.comTo follow us on Twitter, please go to: https://twitter.com/LexinFintech.For investor and media inquiries, please contact:LexinFintech Holdings Ltd.IR inquiries:
Tony Hung
Tel: +86 (755) 3637-8888 ext. 6258
E-mail: IR@lexin.comMedia inquiries:
Limin Chen
Tel: +86 (755) 3637-8888 ext. 6993
E-mail: liminchen@lexin.comSOURCE LexinFintech Holdings Ltd.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.