1October 22nd,18,51Credit Card issued an "inside information" announcement on HKEx website, saying that the board of directors knew that the company's office in Hangzhou, Zhejiang Province had been investigated by relevant government departments in People's Republic of China (PRC) (China). Mr. Sun Haitao, Chairman, Chief Executive Officer, Executive Director and Controlling Shareholder of the Company, Mr. Zhao Ke, Executive Director and Chief Financial Officer of the Company and some employees of the Group also assisted in the investigation at the request of relevant government departments. The investigation requiring the assistance of two directors has been temporarily concluded, and the two directors have not been detained by relevant government departments.

At present, the company has not received the official documents related to the investigation reasons issued by the relevant government departments, and does not understand the specific details behind the implementation of the investigation.

The Group's business operation and financial status remained normal and good, and the Group's assets were not seized or frozen. At present, the Board of Directors does not expect that the above measures will have any significant adverse impact on the daily operation and financial status of the Group. The Board of Directors will further evaluate the impact of this matter on the Group.

Results Hangzhou police informed in the evening that 5 1 credit card involved a large number of abnormal complaints from all over the country. After investigation, it was found that 5 1 credit card entrusted an outsourcing collection company to pretend to be a state organ and used soft and violent means such as intimidation and harassment to collect debts. 10 10/0/2 1 day, Hangzhou police launched an investigation into 5 1 credit card outsourcing collection suspected of causing trouble.

According to the data, 5 1 Credit Card Co., Ltd. is a China investment holding company mainly engaged in providing one-stop personal financial services, including personal credit management services, credit card technical services and online credit promotion and investment services. The company's main business includes online credit matching and investment services, credit card technical services and credit introduction services.

Recently, the company's interim financial report for 20 19 shows that the adjusted net profit for the first half of 20 19 reached 309 million yuan, up by 12.9% year-on-year, and the revenue was1400 million yuan, up by 9.8% year-on-year.

The main operator of 5 1 credit card is Hangzhou Enniu Network Technology Co., Ltd., with as many as 19 shareholders behind it, involving 37 listed companies. Pingxiang Jiniu Asset Management Partnership holds 20.75%, A-share listed company Xinhubao holds 15.77%, in addition to PICC China, Zoomlion, Perfect World and Volkswagen Share.

Of course, there are many venture capital institutions, including Wang Yawei, a private equity fund, who is also one of the shareholders of 5 1 credit card, with a shareholding ratio of 1.58%.