Pintec Technology Announces Changes to Its Board of Directors
Beijing, October 24, 2025 — Pintec Technology Holdings Limited (NASDAQ: PT), a fintech company with a modest market capitalization of approximately $15.21 million, announced significant changes to its board of directors on Friday. The company confirmed the resignation of two board members, Zhao Chen and Tiexin Li. The announcement clarified that their departures were not due to any disagreements or conflicts with the company.
According to InvestingPro data, Pintec Technology currently faces financial challenges, reflected in its overall financial health rating of 1.5 out of 5. ### New Appointments to the Board
To fill the vacancies, Pintec appointed two new directors: Xin Yang and Hao Liu.
- Xin Yang has served as Pintec’s Chief Financial Officer since December 2023 and brings two decades of experience in accounting and financial management. Prior to joining Pintec, Yang was CFO at Shenzhen Longchengfa Technology from 2021 to 2023. – Hao Liu currently holds an independent directorship at 3E Network Technology Group Limited (NASDAQ: MASK). He previously co-founded and served as CEO of Jithin Capital from 2020 to 2024. Liu’s extensive fintech background includes roles as CEO and director at Mercury Fintech Holding Inc. (NASDAQ: MFH) in 2021 and Chief Technology Officer at Huasheng Securities between 2017 and 2019. John Dong, Chairman of Pintec’s Board of Directors, expressed gratitude to the departing members for their contributions and warmly welcomed the new appointees. He stated that the new directors would help “strengthen the board and support Pintec’s ongoing growth and innovation,” as noted in the company’s press release.
Company Profile and Strategic Developments
Pintec Technology describes itself as a technology platform that empowers innovative financial and digital solutions for businesses worldwide.
In related corporate developments, Pintec recently announced a significant share transfer agreement with ZIITECH PTY LTD and some of its shareholders. Under this agreement, Pintec will acquire a 25% stake in ZIITECH by obtaining 715,521 ordinary shares. In exchange, Pintec will issue 83,726,789 Class A ordinary shares to the transferring shareholders. The agreement was signed on September 3, marking an important strategic move aimed at expanding Pintec’s financial services platform.
This share exchange underlines Pintec’s commitment to enhancing growth opportunities and forging strategic collaborations within the fintech sector.
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