SHANGHAI, Sept. 29, 2020 /PRNewswire/ --Yintech Investment
Holdings Limited (NASDAQ: YIN) ("Yintech" or the "Company"), a
leading provider of investment and trading services for individual
investors in China, today
announced that on September 29, 2020,
Mr. Lijun Lin informed the board of
directors of the Company his decision to resign from the board with
immediate effect due to personal reasons. The resignation of Mr.
Lin did not result from any disagreement with the Company on any
matter relating to the Company's operations, policies or practices.
The Company takes this opportunity to express its appreciation to
Mr. Lin for his service to the Company.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Statements that are
not historical facts, including statements about Yintech's beliefs
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, including the
possibility that the Merger will not occur as planned if events
arise that result in the termination of the Merger Agreement, if
the expected financing for the Merger is not available for any
reason, or if one or more of the various closing conditions to the
Merger are not satisfied or waived, and other risks and
uncertainties regarding the Merger Agreement and the Merger that
will be discussed in the Schedule 13E-3 to be filed with the SEC. A
number of factors could cause actual results to differ materially
from those contained in any forward-looking statement. All
information provided in this press release is as of the date of
this press release, and Yintech does not undertake any obligation
to update any forward-looking statement, except as required under
applicable law.
About Yintech
Yintech (NASDAQ: YIN) is a leading provider of investment and
trading services for individual investors in China. Yintech strives to provide
best-in-class financial information, investment tools and services
to its customers by leveraging financial technology and mobile
platforms. Currently, Yintech is focused on the provision of gold
and other commodities trading services, securities advisory
services, securities information platform services, overseas
securities trading services and asset management services.
For investor and media inquiries, please contact:
Yvonne Young
Phone: +86 21 2028 9009 ext 8270
E-mail: ir@yintech.cn
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SOURCE Yintech Investment Holdings Ltd.