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Jianpu Technology Expands into Global Wealth Management with Strategic Investment in Quantum Trust

Jianpu Technology (NYSE:JT)

HONG KONG, June 30, 2023/ — Jianpu Technology Inc. (“Jianpu,” or the “Firm”) (NYSE: JT), a number one impartial open platform for discovery and suggestion of monetary merchandise in China, at this time introduced its strategic funding in Quantum Trust, a Hong Kong-licensed belief firm.

Quantum Trust is a licensed Trust or Firm Service Supplier (TCSP) in Hong Kong and holds a belief firm registration certificates that meets all necessities underneath the Hong Kong Trustee Ordinance (Cap. 29) and formally launched its enterprise on June 13, 2023. Via its safe and clever options, Quantum Trust gives custody and settlement companies throughout all main asset classes to institutional and Excessive Internet Value shoppers in Hong Kong and past.

In accordance with the newest Deloitte Worldwide Wealth Management Centre Rating, Hong Kong is likely one of the high three international hubs for wealth administration, with an intensive pool of expertise, revered regulators, deep capital markets, and greater than US$1 trillion in privately-owned cross-border property. The Hong Kong authorities has made the wealth administration trade a key pillar of its technique for re-opening to worldwide enterprise, and lately introduced new coverage measures together with a good tax regime to draw extra massive household workplaces to town.

The funding represents the newest step of Jianpu’s efforts to develop its worldwide presence, diversify into the wealth administration sector, and maximize enterprise synergies. As a pioneer in the monetary AI area listed on the NYSE, Jianpu is ideally positioned to assist Quantum Trust to construct globally aggressive wealth administration choices by leveraging its cutting-edge expertise, intensive monetary information, and numerous consumer base.

Mr. David Ye, Co-founder, Chairman, and Chief Govt Officer of Jianpu, commented, “Our mission is to turn into everybody’s monetary associate, empowering customers whereas enabling monetary service suppliers to higher serve them. The strategic funding into Quantum Trust is a big milestone as we proceed to diversify and develop our enterprise portfolio globally, with a deal with serving customers worldwide.”

“Jianpu adopts a dual-track technique to develop its worldwide enterprise each organically and thru strategic funding and partnership. One of many success tales underneath this strategy is Jianpu’s funding in HongKongCard, a Hong Kong based mostly main on-line platform aggregating bank cards, loans, insurance coverage and different monetary merchandise. Jianpu will proceed constructing on its profitable monitor file and the funding in and strategic cooperation with Quantum Trust will permit us to supply a broader suite of monetary services to a wider vary of customers.” Concluded Mr. Ye.

About Jianpu Technology Inc.

Jianpu Technology Inc. is a number one impartial open platform for the invention and suggestion of monetary merchandise in China. The Firm connects customers with monetary service suppliers in a handy, environment friendly, and safe means. By leveraging its proprietary expertise, Jianpu gives customers with custom-made search outcomes and proposals tailor-made to every consumer’s explicit monetary wants and profile. The Firm additionally allows monetary service suppliers with gross sales and advertising and marketing options to achieve and serve their goal clients extra successfully by way of built-in channels and improve their competitiveness by offering them with tailor-made information, danger administration companies and options. The Firm is dedicated to sustaining an impartial open platform, which permits it to serve the wants of customers and monetary service suppliers impartially. For extra info, please go to

Protected Harbor Assertion

This announcement accommodates forward-looking statements. These statements are made underneath the “secure harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. These forward-looking statements could be recognized by terminology comparable to “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “assured” and comparable statements. Statements that aren’t historic details, together with statements in regards to the Firm’s beliefs and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties. A variety of elements may trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: the Firm’s objectives and methods; the Firm’s future enterprise improvement, monetary situation and outcomes of operations; the Firm’s expectations relating to demand for, and market acceptance of, its options and companies; the Firm’s expectations relating to conserving and strengthening its relationships with customers, monetary service suppliers and different events it collaborates with; developments, competitors and regulatory insurance policies referring to the industries the Firm operates in; normal financial and enterprise circumstances globally and in China; and assumptions underlying or associated to any of the foregoing. Additional info relating to these and different dangers is included in the Firm’s filings with the SEC. All info supplied in this press launch and in the attachments is as of the date of this press launch, and the Firm undertakes no obligation to replace any forward-looking assertion, besides as required underneath relevant regulation.

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