Stock WEIDY WEIDAI LTD.
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Company Weidai Ltd.

Equities

WEIDY

US94861A2078

Consumer Lending

Market Closed - OTC Markets
Other stock markets
 03:56:30 2024-04-10 pm EDT 		5-day change 1st Jan Change
0.000001 USD -99.00% Intraday chart for Weidai Ltd. 0.00% 0.00%
2022 Weidai Ltd. Announces Board Changes CI
2022 Weidai Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021 CI

Business Summary

Weidai Ltd. is a China-based company principally engaged in the provision of auto-backed financing solutions. The Company mainly provides small and micro enterprise owners with accessible credit service. Its platform connects borrowers, the majority of which are small and micro enterprise owners, with both online investors and institutional funding partners. The Company also provides other secured and unsecured loan services. The Company's lending decisions are generally made within 30 minutes of application after information collection and automobile appraisal, and loans are generally disbursed within the same day, including weekends, delivering superior user experience.

Number of employees: 531

Sales per Business

USD in Million2020Weight2021Weight Delta
Loan Service - Auto-backed Loans
78.9 %
160 72.1 % 87 78.9 % -46.05%
Loan Service - Unsecured Loans
19.3 %
37 16.5 % 21 19.3 % -42.31%
Late Payments Penalties
1.3 %
14 6.3 % 1 1.3 % -89.81%
Loan Service - Other Secured Loans
0.6 %
7 3.3 % 1 0.6 % -91.45%
Business Related Taxes and Surcharges
-0.4 %
-1 -0.2 % 0 -0.4 % -18.68%
Financing
0.3 %
8 3.4 % 0 0.3 % -95.81%
Other
0.1 %
0 0.1 % 0 0.1 % -32.04%
Funding Costs
-0.1 %
-3 -1.4 % 0 -0.1 % -95.59%

Sales per region

USD in Million2020Weight2021Weight Delta
China
100.0 %
223 100.0 % 110 100.0 % -50.71%

Managers

Managers TitleAgeSince
Hong Yao CEO
 Chief Executive Officer 44 10-01-31
Feng Chen PSD
 President 48 -
Jianzhong Zhu CTO
 Chief Tech/Sci/R&D Officer 45 15-12-31
Pengfei Wang CMP
 Compliance Officer 42 14-12-31
Desheng Ding BRD
 Director/Board Member 42 -
Yuqun Sun BRD
 Director/Board Member 44 13-12-31

Members of the board

Members of the board TitleAgeSince
Poi Lam Yuen BRD
 Director/Board Member 56 18-11-13
Hong Yao CEO
 Chief Executive Officer 44 10-01-31
Feng Chen PSD
 President 48 -
Tony Cai BRD
 Director/Board Member 57 18-11-13
Yuqun Sun BRD
 Director/Board Member 44 13-12-31
Desheng Ding BRD
 Director/Board Member 42 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 35,071,400 0 0 43.35 %
Stock B 1 35,390,055 30,541,617 ( 86.30 %) 0

Shareholders

NameEquities%Valuation
Sigma PCM Mutual Funds Management Co. Ltd.
0.0395 %
2,795 0.0395 % - $
NameEquities%Valuation
STRAIT INNOVATION INTERNET CO., LTD.
13.70 %
4,849,630 13.70 % - $

Company contact information

Weidai Ltd.

No. 668, Jianshe 3rd Road Hongxin Science & Technology Park

311215, Hangzhou

+

http://www.weidai.com.cn
address Weidai Ltd.(WEIDY)

Sector

Financials
Banking & Investment Services
Banking Services
Consumer Lending
Personal & Car Loans

Sales per Business

Sector Personal & Car Loans

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Personal & Car Loans
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