Jianpu Technology Inc. added to MSCI index

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Photo taken on June 20, 2017 shows the website of global equity indexes provider MSCI on a computer in New York, the United States. [Photo/Xinhua]

Jianpu Technology Inc. (NYSE: JT), an independent open platform for discovery and recommendation of financial products in China, has been included as a constituent of the MSCI Global Small Cap Index, effective after the close of the market on May 28, according to a report from MSCI Inc. 

"We're proud to be included as a constituent company in an MSCI Index. We believe there are tremendous opportunities in the dynamic market of Fintech, a burgeoning industry in China. Our technology-driven platform model, value proposition to our users and diversified financial service providers uniquely position us as a market leader in the industry," said David Ye, co-founder, chairman and CEO of Jianpu Technology Inc. 

MSCI is a provider of critical decision support tools and services for the global investment community, with over 45 years working in research, data and technology. 

"Admission to the MSCI Global Small Cap Index will further … extend our presence in the capital markets. We are also very confident in our business strategy, strong fundamentals and long-term prospects, as well as our ability to maximize shareholder value," Ye added. 

On the same day, Jianpu Technology Inc. reported its first quarter 2019 financial results and announced that the board of directors has appointed Yilu Oscar Chen as director, effective May 24, 2019, based on the unanimous recommendation of the nominating and corporate governance committee of the Board.

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