Holding Foreign Companies Accountable Act

Canaan Inc. Provides Update on its Status under the Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

BEIJING, May 5, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • BEIJING, May 5, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • The Company has been actively exploring possible solutions to protect the interest of its stakeholders.
  • In 2018, Canaan released the world's first 7nm ASIC chip, providing energy efficient computing equipment to the cryptocurrency mining industry.
  • Statements that are not historical facts, including statements about Canaan Inc.'s beliefs and expectations, are forward-looking statements.

LexinFintech Holdings Ltd. Updates the Status under Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

SHENZHEN, China, May 05, 2022 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (Lexin or the Company) (NASDAQ: LX), a leading online and offline consumption platform and a technology driven service provider in China, today updates its status under the Holding Foreign Companies Accountable Act (the HFCAA).

Key Points: 
  • SHENZHEN, China, May 05, 2022 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (Lexin or the Company) (NASDAQ: LX), a leading online and offline consumption platform and a technology driven service provider in China, today updates its status under the Holding Foreign Companies Accountable Act (the HFCAA).
  • The Company has been actively exploring possible solutions to protect the interest of its stakeholders.
  • Lexin is a leading online and offline consumption platform and a technology driven service provider in China.
  • These forward-looking statements can be identified by terminology such as will, "expects, anticipates, future, intends, plans, believes, estimates, confident and similar statements.

Baozun Updates the Status under Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) -- Baozun Inc. (Nasdaq: BZUN; HKEX: 9991) (the Company or Baozun), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the HFCAA).

Key Points: 
  • SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) -- Baozun Inc. (Nasdaq: BZUN; HKEX: 9991) (the Company or Baozun), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the HFCAA).
  • Baozun has been closely monitoring the developments, while actively exploring possible solutions.
  • Baozun Inc. is the leader and a pioneer in the brand e-commerce service industry in China.
  • Baozun empowers a broad and diverse range of brands to grow and succeed by leveraging its end-to-end e-commerce service capabilities, omni-channel coverage and technology-driven solutions.

Chindata Group Provides Update on its Status under the Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

The Company will continue to monitor market developments and actively explore all strategic options to protect the interests of its stakeholders.

Key Points: 
  • The Company will continue to monitor market developments and actively explore all strategic options to protect the interests of its stakeholders.
  • Chindata Group operates two sub-brands: "Chindata" and "Bridge Data Centres".
  • Statements that are not historical facts, including but not limited to statements about Chindata Groups beliefs and expectations, are forward-looking statements.
  • Further information regarding these and other risks is included in Chindata Groups filings with the SEC.

LIZHI Provides Update on its Status under the Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

GUANGZHOU, China., May 05, 2022 (GLOBE NEWSWIRE) -- LIZHI INC. (LIZHI or the Company or We) (NASDAQ: LIZI), an audio-based social and entertainment platform, today provides an update on its status under the Holding Foreign Companies Accountable Act (the HFCAA).

Key Points: 
  • GUANGZHOU, China., May 05, 2022 (GLOBE NEWSWIRE) -- LIZHI INC. (LIZHI or the Company or We) (NASDAQ: LIZI), an audio-based social and entertainment platform, today provides an update on its status under the Holding Foreign Companies Accountable Act (the HFCAA).
  • The Company understands that the SEC made such identification pursuant to the HFCAA and its implementation rules issued thereunder.
  • LIZHI INC. envisions an audio ecosystem where everyone can be connected and interact through voices.
  • Statements that are not historical facts, including statements about the Companys beliefs and expectations, are forward-looking statements.

Bilibili Provides Update on Status Under Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) -- Bilibili Inc. (Bilibili or the Company) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today provides an update on the Companys status under the Holding Foreign Companies Accountable Act (the HFCAA).

Key Points: 
  • SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) -- Bilibili Inc. (Bilibili or the Company) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today provides an update on the Companys status under the Holding Foreign Companies Accountable Act (the HFCAA).
  • Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday life of young generations in China.
  • Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition.
  • Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bond among them.

CooTek Updates the Status under Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

SHANGHAI, May 5, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • SHANGHAI, May 5, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • CooTek is a mobile internet company with a global vision that offers content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and mobile games.
  • This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S.
  • These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident," "optimistic" and similar statements.

Jianpu Technology Inc. Provides Update on Status under Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

BEIJING, May 5, 2022 /PRNewswire/ --Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE: JT), a leading independent open platform for the discovery and recommendation of financial products in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • BEIJING, May 5, 2022 /PRNewswire/ --Jianpu Technology Inc. ("Jianpu," or the "Company") (NYSE: JT), a leading independent open platform for the discovery and recommendation of financial products in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • It will continue to comply with applicable laws and regulations in bothChinaandthe United States and strive to maintain its listing status on the New York Stock Exchange.
  • Jianpu Technology Inc. is a leading independent open platform for the discovery and recommendation of financial products in China.
  • By leveraging its proprietary technology, Jianpu provides users with customized search results and recommendations tailored to each user's particular financial needs and profile.

HUYA Inc. Provides Update on Status under Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

GUANGZHOU, China, May 5, 2022 /PRNewswire/ --HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • GUANGZHOU, China, May 5, 2022 /PRNewswire/ --HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • Huya understands such identification may result from its filing of the annual report on Form 20-F for the fiscal year ended December 31, 2021.
  • HUYA Inc. is a leading game live streaming platform in China with a large and active game live streaming community.
  • Building on its success in game live streaming, Huya has also extended its content to other entertainment content genres.

DouYu International Holdings Limited Provides Update on Its Status under the Holding Foreign Companies Accountable Act

Retrieved on: 
Thursday, May 5, 2022

WUHAN, China, May 5, 2022 /PRNewswire/ --DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today provided an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").

Key Points: 
  • WUHAN, China, May 5, 2022 /PRNewswire/ --DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today provided an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
  • The Company is aware that it was identified by the United States Securities and Exchange Commission (the "SEC") under the HFCAA on May 4, 2022.
  • The Company has been actively exploring possible solutions to best protect the interest of its stakeholders and would like to note that this update has no impact on business operations.
  • This enables DouYu to continuously expand its user base and enhance its user experience.