Weidai Ltd. Files 2021 Annual Report on Form 20-F

Rhea-AI Summary

Weidai Ltd. (NYSE: WEI), a provider of auto-backed financing solutions in China, announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 22, 2022. The report contains the Company's audited consolidated financial statements and is available on the SEC's website and Weidai's investor relations page. Weidai aims to transform used automobiles into investable assets, providing accessible credit to small enterprises in China.

Positive

• Filing of annual report on Form 20-F shows transparency.
• Audited financial statements could attract investors.

Negative

• None.

HANGZHOU, China, April 23, 2022 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), an auto-backed financing solution provider in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission (the "SEC") on April 22, 2022 U.S. Eastern Time.

The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at http://weidai.investorroom.com/.

About Weidai Ltd.

Weidai Ltd. is an auto-backed financing solution provider in China supported by sophisticated and effective risk management system and technology. The Company transforms used automobiles, a type of "non-standard" collateral, into investable assets, to provide accessible credit for China's small and micro enterprises, and connects borrowers with institutional funding partners through its platform.

For more information, please visit http://weidai.investorroom.com/.

For investor and media inquiries, please contact:

In China:
Christensen
Mr. Rene Vanguestaine
Tel: +86-10-5900-1548
E-mail: rvanguestaine@christensenir.com

In US:
Christensen
Ms. Linda Bergkamp
Tel: +1-480-614-3004
E-mail: lbergkamp@christensenir.com

View original content:https://www.prnewswire.com/news-releases/weidai-ltd-files-2021-annual-report-on-form-20-f-301531362.html

SOURCE Weidai Ltd.

FAQ

What is Weidai Ltd. known for?

Weidai Ltd. is known for providing auto-backed financing solutions in China.

When did Weidai file its annual report on Form 20-F?

Weidai filed its annual report on Form 20-F on April 22, 2022.

Where can I access Weidai's annual report?

Weidai's annual report can be accessed on the SEC's website and its own investor relations site.

What fiscal year does the annual report for Weidai cover?

The annual report covers the fiscal year ending December 31, 2021.

What is the stock symbol for Weidai Ltd.?

The stock symbol for Weidai Ltd. is WEI.