Qifu Technology Responds To Short Seller Report; Says "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."

Benzinga · Sep 27 21:28

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 material mistakes in referring to incorrect financial data (i.e. the combined revenues and net profits) from...

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Qifu Technology Responds To Short Seller Report; Says "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."

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