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Kan (Kent) Li Has Been Named President of X Financial Effective May 24

X Financial (NYSE: XYF) today announced that Mr. Shaoyong (Simon) Cheng has been appointed as the Vice Chairman of the Board of Directors and has resigned as President of the Company with effect from May 24, 2021 and that Mr. Kan (Kent) Li has been appointed as President of the Company with effect from May 24, 2021.

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