Jiayin Group Inc. Announces Changes in Management

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SHANGHAI, China, Feb. 09, 2021 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ:JFIN), a leading fintech platform in China, today announced that Mr. Jiong Feng has resigned from his position as the Company's Chief Technology Officer due to personal reasons, effective from February 8, 2021. Mr. Dinggui Yan, the Founder, Director and Chief Executive Officer, expressed appreciation for Mr. Feng's contributions to the development of the Company on behalf of the board of directors and management team of the Company.

The Company has appointed Mr. Chongxian Bai, the current Vice President of Technology Operations, as the new Chief Technology Officer, effective from February 8, 2021.

Mr. Chongxian Bai has over 15 years of technology leadership experience in internet, virtual reality and financial services. He joined Jiayin in 2013 and led the development of the microservices architecture and information security system, which provided efficient and stable technical support for the Company. Prior to joining the Company, Mr. Bai had held senior technology roles at well-known foreign companies such as Toshiba, NEC, and IBM since 2004. Mr. Bai graduated from Beijing University of Chemical Technology, majoring in electronic information engineering.

About Jiayin Group Inc.

Jiayin Group Inc. is a leading fintech platform in China committed to …

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