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OFFON

FULL TRUCK ALLIANCE CO. LTD.

(YMM)
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YMM FINAL DEADLINE ALERT: ROSEN, TOP RANKED GLOBAL INVESTOR COUNSEL, Encourages Full Truck Alliance Co. Ltd. Investors with Losses to Secure Counsel Before Important September 10 Deadline in Securities Class Action – YMM

09/07/2021 | 03:02pm EDT

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Full Truck Alliance Co. Ltd. (NYSE: YMM) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with FTA’s June 2021 initial public offering (the “IPO”) of the important September 10, 2021 lead plaintiff deadline in the securities class action first filed by the firm.

SO WHAT: If you purchased FTA securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the FTA class action, go to http://www.rosenlegal.com/cases-register-2114.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 10, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) FTA’s apps Yunmanman and Huochebang would face an imminent cybersecurity review by the Cyberspace Administration of China (the “CAC”); (2) the CAC would require FTA to suspend new user registration; (3) FTA needed to conduct a “comprehensive self-examination of any cybersecurity risks”; (4) FTA needed to “continue to improve its cybersecurity systems and technology capabilities”; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the FTA class action, go to http://www.rosenlegal.com/cases-register-2114.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.


© Business Wire 2021
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Analyst Recommendations on FULL TRUCK ALLIANCE CO. LTD.
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Financials
Sales 2021 4 276 M 670 M 670 M
Net income 2021 -2 590 M -406 M -406 M
Net cash 2021 30 190 M 4 729 M 4 729 M
P/E ratio 2021 -41,0x
Yield 2021 -
Capitalization 114 B 17 873 M 17 873 M
EV / Sales 2021 19,6x
EV / Sales 2022 10,4x
Nbr of Employees 4 059
Free-Float 7,60%
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Technical analysis trends FULL TRUCK ALLIANCE CO. LTD.
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Income Statement Evolution
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Sell
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Mean consensus BUY
Number of Analysts 4
Last Close Price 105,08 CNY
Average target price 144,24 CNY
Spread / Average Target 37,3%
EPS Revisions
Managers and Directors
Hui Zhang Chairman & Chief Executive Officer
Chong Cai Chief Financial Officer
Shan Shan Guo Independent Director
Xin Zhe Li Independent Director
Guizhen Ma Director
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