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SOS Limited Fights Back 'Hindenburg Research' Short Report Fraud! [1]

['Sos Limited - Shareholders Platform To Fight', 'Hedge Funds']

Date: 2023-01

Business Summary





SoS Ltd, formerly China Rapid Finance Ltd, is a holding company mainly engaged in consumer credit business and emergency rescue services business. The Company also operates insurance agency business through its subsidiary. The Company, through its subsidiaries, is engaged in providing a consumer lending marketplace for lenders and borrowers in China with predictive selection technology (PST), automated decisioning technology (ADT), and non-credit data analytic and risk-based pricing capabilities.





The Company serves marketplace investors and borrowers both online and through a physical network of data verification centers. The Company offers consumption loans, lifestyle loans and micro-credit lending. The Company also provides corporate clients and individual members with emergency rescue through Internet and satellite communication. The three products are basic cloud system, cooperative cloud system and information cloud system.





Number of employees : 163 Employees.













Q: When and where did the company become a listed company? what is the transaction code?





A: SOS was successfully listed on the New York Stock Exchange on April 28, 2017 with the transaction code SOS.





Q: Where is the company headquarters location?





A: Registered address: Jiudingfeng building, 888 Changbaishan Road, Qingdao area, China (Shandong) pilot Free Trade Zone. Office Address: Building 6, East Seaview Park, 298 Haijing Road, Yinzhu Str., West Coast New District, Qingdao





Q: When is the financial end date of the company?





A: The company takes December 31 as the end date of the financial year.





Q: What is the ratio of ADS to common stock of the company?





A: 1 unit ADS of the company is exchanged for 10 common shares.





Q: Who is the company's ADS depositary bank?





A: Citibank is the company's ADS depositary bank.





Q: Who is the independent auditor of the company?





A: It is Audit Alliance LLP





Q: What is the business model of the company?





A: I. Rescue, insurance and safety inspection: Create an SOS cloud emergency rescue service SaaS platform led by three major products: basic cloud, cooperative cloud and information cloud; Building a national insurance sales and service system based on the big data platform; Automobile, Industrial and mining enterprises in-use equipment and other fields to create safety performance testing and inspection service system.





A: II. Intelligent hardware: With basic services such as rescue, insurance and safety inspection, research and develop hardware equipment such as SOS cloud smart watch, smart water cup, intelligent safety inspection, intelligent parking, intelligent face car cabin, etc., and lay out health financial big data services., big data and cloud computing services: To build a world-leading data intelligence technology platform. In the data intelligence industry, data applications are the leading factor, and top-notch advanced technologies such as big data, cloud computing and artificial intelligence are integrated to create developer services and commercialization.





The four sections of AI and Mob Research Institute provide business intelligence solutions, App operation empowerment solutions and enterprise-level AI intelligence solutions for enterprises, developers and government agencies in more than 200 countries and regions around the world.

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[1] Url: https://soslimited.us/f/sos-limited-fights-back-hindenburg-research-short-report-fraud

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