Jiayin Group (JFIN) announced that it entered into a definitive agreement on December 17, 2024 to purchase certain commercial property located in Shanghai, China of approximately 43,500 square meters for total cash consideration of approximately RMB1.35B. The completion of the purchase is subject to customary closing conditions. The Commercial Property will primarily be used as the company’s new headquarters to meet the demand arising from the continuing growth of the company’s businesses.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JFIN: