|Bid||1.3400 x 1100|
|Ask||1.3700 x 800|
|Day's Range||1.2900 - 1.3700|
|52 Week Range||0.9720 - 7.4400|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 21, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Aug 01, 2018|
|1y Target Est||N/A|
The "Social e-Commerce Enterprise Operational Service Standards" (the "Standards") was officially released by the Social e-Commerce Branch of China Association of Trade in Services (CATIS) in February 2021. Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai" or the "Company"), a social e-commerce platform in China, was one of the ten leading organizations that participated in the drafting of the Standards. The Standards defines the principle and business structure of social e-commerce services in China and outlines the fundamental requirements across the whole process of social e-commerce, from pre-transaction to after-sales customer services. Xiaobai Maimai's executives contributed their industry insights and efforts to formulate the Standards which aims to promote the healthy development of social e-commerce in China.
Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai", the "Company", or "we"), a social e-commerce platform in China, today announced that it participated in the 2020 China Social e-Commerce Conference held in Beijing. Organized by the Social e-Commerce Branch of China Association of Trade in Services (CATIS), representatives from top social e-commerce platforms, live streaming e-commerce enterprises, suppliers, industry experts and government agencies attended the conference and discussed the value, compliance, best practice, and innovations of social e-commerce.
Xiaobai Maimai Inc. (NASDAQ: HX), formerly known as Hexindai Inc. ("Xiaobai Maimai", the "Company", or "we"), a social e-commerce platform in China, today announced the closing of the assignment and assumption agreement dated December 16, 2020, by and among Beijing Hexin Yongheng Technology Development Co., Ltd. ("Hexin Yongheng"), a wholly-owned subsidiary of the Company, Kuaishangche Automobile Leasing Co., Ltd. ("Kuaishangche"), a company not directly associated with the Company but controlled by Mr. An, the CEO and Chairman of the board of directors of the Company, Hexin E-Commerce Company Limited ("Hexin E-Commerce"), and individual shareholders of Hexin E-Commerce ( the "Agreement"). The closing of the Agreement took place on December 30, 2020. Prior to the closing, Hexin Yongheng had assigned and transferred to Kuaishangche the control over Hexin E-Commerce, and Kuaishangche had delivered the assignment consideration of RMB 5 million to Hexin Yongheng (the "Disposition"). As a result of the Disposition, Kuaishangche has become the primary beneficiary of and controls Hexin E-Commerce, and has assumed all assets and liabilities of Hexin E-Commerce and its subsidiaries, excluding any of its rights, titles, interests or claims in Wusu Hexin Yongheng Commercial and Trading Co., Ltd. ("Wusu Company"), which remains as the Company's consolidated variable interest entity.