Zuoli Kechuang Micro-finance Co. Ltd. has announced a change in the company name and business scope of its non-wholly owned subsidiary, Hangzhou High-tech Zone (Binjiang) Xingyao Pu Hui Micro-finance Co., Ltd., in which it holds a 66% equity interest. The subsidiary's name has been changed to Hangzhou Qiyue Trading Co., Ltd., and its business scope has shifted from providing microloans and consulting services to trade brokerage. This decision aligns with the Group's strategy to control risks and focus on stable operations, exiting the microfinance market to reduce operating costs.
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