Lei Jianping on May 19
Lexin (stock code: "LX") recently filed a Form 20-F file with the US SEC, which shows that as of February 29, 2024, Xiao Wenjie, founder and CEO of Lexin, holds 24% of the shares and has 74.2% of the voting rights; K2 Partners entities holds 7.9% of the shares and has 2.7% of the voting rights;
As of February 29, 2024, Lexin's shareholding structure
Wu Yi, president of Lexin, holds 7.5% of the shares and has 2.6% of the voting rights; FIL Limited holds 7.5% of the shares and has 2.5% of the voting rights.
As of February 28, 2023, Xiao Wenjie holds 26.7% of the shares and has 77.2% of the voting rights; Wu Yi holds 4.9% of the shares and has 1.5% of the voting rights.
As of February 28, 2023, Lexin's shareholding structure
险峰长青(K2 Partners entities)持股为12.1%，拥有3.8%的投票权。
In the past year, Xiao Wenjie's shareholding ratio has decreased by 2.7 percentage points and his voting rights have decreased by 3 percentage points, while Xianfeng Changqing, as an investor accompanied by Lexin all the way, has also decreased by 4.2 percentage points and voting rights by 1.1 percentage points.
Wu Yi's shareholding ratio increased rapidly by 2.6 percentage points, and his voting rights increased by 1.1 percentage points, and Wu Yi was already the third largest shareholder of Lexin.
乐信CFO为James Xigui Zheng，Chief Risk Officer为Arvin Zhanwen Qiao，Chief Human Resources Officer为Shirley Yunwen Yang，Chief Marketing Officer为Jason Ming Zhao，Chief Technology Officer为Erwin Yong Lu。
According to the annual report, Lexin's revenue in 2021, 2022, and 2023 will be 11.38 billion yuan, 9.866 billion yuan, and 13.057 billion yuan (about 1.839 billion US dollars), respectively, and its net profit will be 2.334 billion yuan, 826 million yuan, and 1.066 billion yuan (about 150 million US dollars), respectively.
Lexin's performance is good, but its market capitalization is somewhat undervalued. As of today, Lexin's stock price is $1.94 and its market capitalization is $318 million.
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