9F Inc to implement ADS ratio change

9F Inc. will change the ratio of its ADSs to its Class A ordinary shares, par value $0.00001 per share, from the current ratio of one ADS to one Class A ordinary share to a new ratio of one ADS to 20 Class A ordinary shares. For the company’s ADS holders, the change in the ADS Ratio will have the same effect as a one-for-twenty reverse ADS split. The company anticipates that the change in the ADS Ratio will be effective on or about January 18 subject to the effectiveness of the post-effective amendment to the ADS Registration Statement on Form F-6 on or before that date. Holders of uncertificated ADSs in the Direct Registration System and in The Depository Trust Company will have their ADSs automatically exchanged and need not take any action. The company’s ADSs will continue to be traded on the Nasdaq Global Market under the symbol "JFU." No fractional new ADSs will be issued in connection with the change in the ADS Ratio. The change in the ADS Ratio will have no impact on the company’s underlying Class A ordinary shares, and no Class A ordinary shares will be issued or cancelled in connection with the change in the ADS Ratio.