{"id":512801,"date":"2021-07-14T07:03:57","date_gmt":"2021-07-14T11:03:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\/"},"modified":"2021-07-14T07:03:57","modified_gmt":"2021-07-14T11:03:57","slug":"xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\/","title":{"rendered":"Xiaobai Maimai Announces Changes to the Management and Board of Directors"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">BEIJING<\/span>, <span class=\"xn-chron\">July 14, 2021<\/span> \/PRNewswire\/ &#8212; Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. (&#8220;Xiaobai Maimai&#8221;, the &#8220;Company&#8221;, or &#8220;we&#8221;), a social e-commerce platform in <span class=\"xn-location\">China<\/span>, today announced the appointment of Ms. <span class=\"xn-person\">Vivian Liu<\/span> to its Board of Directors immediately, and that Ms. <span class=\"xn-person\">Luping Wei<\/span>, Vice President of Operations and Director of the Company, has resigned for personal reasons effective <span class=\"xn-chron\">July 14<\/span><sup>th<\/sup>, 2021. Ms. Wei&#8217;s resignation did not result from any disagreement with the Company. \u00a0<\/p>\n<p>Ms. Vivian Liu\u00a0is currently the CEO of Hebei Chuangjie Technology Co., <span id=\"spanHghlt25bc\">Ltd.<\/span> and has extensive experience in financial investment, capital market operations and enterprise management. Prior to that, Ms. Liu worked at Guosen Co., Ltd. She earned her bachelor&#8217;s degree from the Department of Economics and Management at Nankai University in <span class=\"xn-location\">China<\/span>.<\/p>\n<p>\n        <b><br \/>\n          <u>About Xiaobai Maimai Inc.<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc., (&#8220;Xiaobai Maimai&#8221; or the &#8220;Company&#8221;), is a social e-commerce platform based in <span class=\"xn-location\">Beijing, China<\/span>. The Company collaborates with domestic e-commerce platforms and offers users a wide selection of high-quality and affordable products on its social e-commerce platform. Leveraging its cooperation with mainstream e-commerce platforms and online service marketplaces, the Company continues to generate fast growth for the business by identifying and introducing cost-efficient products through its data analytics algorithm and operating system, and attracts users to its platform with excellent customer service.<\/p>\n<p>\n        <b><br \/>\n          <u>Safe Harbor Statement<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the &#8220;safe harbor&#8221; provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as &#8220;will,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;future,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;ongoing,&#8221; &#8220;targets,&#8221; &#8220;guidance&#8221; and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company&#8217;s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: the Company&#8217;s goals, strategies and expansion plans; its future business development, financial condition and results of operations; its ability to attract and retain new users and to increase revenues generated from repeat users; its expectations regarding demand for and market acceptance of its products and services; its relationships and cooperation with e-commerce platforms and services marketplaces; trends and competition in <span class=\"xn-location\">China&#8217;s<\/span> e-commerce market; the expected growth of the Chinese e-commerce market; Chinese governmental policies relating to the Company&#8217;s corporate structure and the e-commerce industry; and general economic conditions in <span class=\"xn-location\">China<\/span>. Further information regarding these and other risks, uncertainties or factors is included in the Company&#8217;s filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law.<\/p>\n<p>\n        <b>For more information, please visit <a target=\"_blank\" href=\"http:\/\/ir.xiaobaimaimai.com\/\" rel=\"nofollow noopener\">ir.xiaobaimaimai.com<\/a> \u00a0\u00a0<\/b>\n      <\/p>\n<p>\n        <b>For investor inquiries, please contact:<\/b>\n      <\/p>\n<p>\n        <b>The Company<\/b>\n      <\/p>\n<p>Investor Relations<br \/>Ms.\u00a0Zenabo Ma<br \/>Email: <a target=\"_blank\" href=\"mailto:ir@xiaobaimaimai.com\" rel=\"nofollow noopener\">ir@xiaobaimaimai.com<\/a><\/p>\n<p>\n        <b>Christensen<\/b>\n      <\/p>\n<p>In <span class=\"xn-location\">China<\/span><br \/>Mr.\u00a0Eric Yuan<br \/>Phone: +86-10- 5900-1548<br \/>E-mail: <a target=\"_blank\" href=\"mailto:Eyuan@christensenir.com\" rel=\"nofollow noopener\">Eyuan@christensenir.com<\/a><\/p>\n<p>In US<br \/>Mr.\u00a0Tip Fleming<br \/>Phone: +1-917-412-3333<br \/>Email:\u00a0<a target=\"_blank\" href=\"mailto:tfleming@Christensenir.com\" rel=\"nofollow noopener\">tfleming@Christensenir.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN43126&amp;sd=2021-07-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors-301333591.html\">https:\/\/www.prnewswire.com\/news-releases\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors-301333591.html<\/a><\/p>\n<p>SOURCE  Xiaobai Maimai Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN43126&amp;Transmission_Id=202107140700PR_NEWS_USPR_____CN43126&amp;DateId=20210714\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BEIJING, July 14, 2021 \/PRNewswire\/ &#8212; Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. (&#8220;Xiaobai Maimai&#8221;, the &#8220;Company&#8221;, or &#8220;we&#8221;), a social e-commerce platform in China, today announced the appointment of Ms. Vivian Liu to its Board of Directors immediately, and that Ms. Luping Wei, Vice President of Operations and Director of the Company, has resigned for personal reasons effective July 14th, 2021. Ms. Wei&#8217;s resignation did not result from any disagreement with the Company. \u00a0 Ms. Vivian Liu\u00a0is currently the CEO of Hebei Chuangjie Technology Co., Ltd. and has extensive experience in financial investment, capital market operations and enterprise management. Prior to that, Ms. Liu worked at Guosen Co., Ltd. She earned her bachelor&#8217;s degree &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Xiaobai Maimai Announces Changes to the Management and Board of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-512801","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Xiaobai Maimai Announces Changes to the Management and Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xiaobai Maimai Announces Changes to the Management and Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BEIJING, July 14, 2021 \/PRNewswire\/ &#8212; Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. (&#8220;Xiaobai Maimai&#8221;, the &#8220;Company&#8221;, or &#8220;we&#8221;), a social e-commerce platform in China, today announced the appointment of Ms. Vivian Liu to its Board of Directors immediately, and that Ms. Luping Wei, Vice President of Operations and Director of the Company, has resigned for personal reasons effective July 14th, 2021. Ms. Wei&#8217;s resignation did not result from any disagreement with the Company. \u00a0 Ms. Vivian Liu\u00a0is currently the CEO of Hebei Chuangjie Technology Co., Ltd. and has extensive experience in financial investment, capital market operations and enterprise management. Prior to that, Ms. Liu worked at Guosen Co., Ltd. She earned her bachelor&#8217;s degree &hellip; Continue reading &quot;Xiaobai Maimai Announces Changes to the Management and Board of Directors&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-14T11:03:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN43126&amp;sd=2021-07-14\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Xiaobai Maimai Announces Changes to the Management and Board of Directors\",\"datePublished\":\"2021-07-14T11:03:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\\\/\"},\"wordCount\":605,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CN43126&amp;sd=2021-07-14\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xiaobai-maimai-announces-changes-to-the-management-and-board-of-directors\\\/\",\"name\":\"Xiaobai Maimai Announces Changes to the Management and Board of Directors - 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(NASDAQ: HX), formerly known as Hexindai Inc. (&#8220;Xiaobai Maimai&#8221;, the &#8220;Company&#8221;, or &#8220;we&#8221;), a social e-commerce platform in China, today announced the appointment of Ms. Vivian Liu to its Board of Directors immediately, and that Ms. Luping Wei, Vice President of Operations and Director of the Company, has resigned for personal reasons effective July 14th, 2021. Ms. Wei&#8217;s resignation did not result from any disagreement with the Company. \u00a0 Ms. Vivian Liu\u00a0is currently the CEO of Hebei Chuangjie Technology Co., Ltd. and has extensive experience in financial investment, capital market operations and enterprise management. Prior to that, Ms. Liu worked at Guosen Co., Ltd. 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