Brief: 51 Credit Card Says Its Office In Hangzhou Was Under On-Site Investigation By PRC Authorities

Vala

22/10/2019 05:48

Oct 22 (Reuters) - 51 Credit Card Inc  2051.HK :
    * APPLIES TO STOCK EXCHANGE TO RESUME TRADING OF ITS SHARES
FROM
1:00 P.M. ON OCT 22
    * CO'S OFFICE LOCATED IN HANGZHOU, ZHEJIANG WAS UNDER ON-
SITE
INVESTIGATION CARRIED OUT BY RELEVANT GOVERNMENT AUTHORITIES OF
PRC
    * CO HAS FULLY COOPERATED WITH INVESTIGATION
    * CLARIFIES THAT ALL PERSONAL DATA COLLECTION OF GROUP HAS
BEEN
CONDUCTED WITH LEGAL USER AUTHORIZATION
    * CLARIFIES THAT THERE IS NO ILLEGAL THEFT OF PERSONAL DATA
WITHOUT AUTHORIZATION FROM USERS
    * CURRENTLY, OPERATION AND MANAGEMENT OF GROUP ARE UNDER
NORMAL
CONDITIONS WITH A SOUND FINANCIAL POSITION
    * OPERATIONS OF GROUP COULD, AT ANY TIME, RECEIVE
SUPERVISION FROM
PRC GOVERNMENT AND THIRD-PARTY AUDIT FIRMS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1TsnVh
Further company coverage:  2051.HK 

 ((Reuters.Briefs@thomsonreuters.com;))