9f Inc. Rebrands Online Stock Brokerage Business to Fuyuan Securities

BEIJING, Feb. 02, 2021 (GLOBE NEWSWIRE) -- 9F Inc. (“9F” or “the Company”) (NASDAQ: JFU), an internet technology company that focuses on providing technology services to financing and consumption industries in China and overseas, today announced that it has upgraded and rebranded its online stock brokerage business to Fuyuan Securities.

Formerly known as 9F Primasia Securities and founded in 1991, Fuyuan Securities is a licensed brokerage in Hong Kong. It offers offshore stock investment products that provide investors with access to stock trading opportunities in Hong Kong and the U.S. through its digital brokerage and wealth management platform. Fuyuan Securities holds licenses issued by the Securities and Futures Commission of Hong Kong, including the Type 1 License for dealing in securities, Type 4 License for advising on securities, Type 5 License for advising on futures contracts, and Type 9 License for asset management.   

In order to further improve user experience, Fuyuan Securities continued to expand its service offerings in 2020, including the launch of the VIP Premium Membership services, introducing trading services for Hong Kong ADRs and callable bull/bear contracts, offering up to 20 times leverage for IPO subscriptions, and adding a function to its app to help investors filter out potential stocks by using K-line analysis driven by artificial intelligence technology. In addition, Fuyuan Securities also upgraded the User Interface (UI) design of its app to enhance user satisfaction. The continuous efforts to deliver value made by Fuyuan Securities has garnered a lot of industry-wide attention and positive feedback from users. In 2020, Fuyuan Securities won the HKEX Market Data Awards 2020, and the Outstanding Service Awards 2020 issued by Phoenix Finance.

Going forward, 9F will continue to develop its online stock brokerage and wealth management business. By leveraging its years of experience, expertise in the sector and strong fintech solution capabilities, 9F believes that Fuyuan Securities is well-positioned for sustainable long-term growth.

About 9F Inc.

9F Inc. is an internet technology company that focuses on providing technology services to financing and consumption industries in China and overseas, including fintech technology services to financial institution partners, online wealth management technology services, e-commerce services as well as overseas expansion of its consumer financing technology services in Southeast Asian countries.