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iRobot Introduces World’s Most Advanced 2-in-1 Robot Vacuum and Mop with Thoughtful iRobot OS 5.0 Updates

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First truly hands-free 2-in-1 with a fully retractable mop pad: Roomba Combo™ j7+ simultaneously vacuums and mops with no wet carpet messes

iRobot OS 5.0 lets j7 Series robots avoid more objects and clean more specific places; provides greater voice and personalization control across product lineup

BEDFORD, Mass., Sept. 27, 2022 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today introduced the Roomba Combo™ j7+, the world’s most advanced robot vacuum and mop, along with thoughtful iRobot OS 5.0 updates. Designed for busy households with a mixture of carpets, rugs and hard floors, and those who want a robot vacuum that can also mop, the Roomba Combo j7+ stands out from other 2-in-1 robots by vacuuming and mopping in a single cleaning job, saving time while keeping floors fresh and clean. This is possible thanks to a fully retractable mop pad that lifts itself to the top of the robot when it encounters carpet and rugs – the first 2-in-1 of its kind – preventing wet carpet messes. iRobot OS 5.0 introduces new features and digital experiences that improve intelligence and personalization across the company’s portfolio of connected robots – offering even more thoughtful updates for pet owners, busy families and those looking for more control over how they clean.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9090251-irobot-introduces-worlds-most-advanced-robot-vacuum-and-mop/ 

 

“iRobot OS provides the intelligence that powers our robots. It brings to life thoughtful and intelligent home products that respect, connect and understand the user’s home and lifestyle, helping our robots become a valued and trusted partner in the home,” said Colin Angle, chairman and CEO of iRobot. “The Roomba Combo j7+ perfectly marries iRobot OS intelligence with beautifully designed hardware to give customers a vacuum and mop solution like no other, capable of keeping carpet, rugs and hard floors cleaner and fresher every day, so customers can live their life. With Roomba celebrating its 20th birthday this year, iRobot OS is also giving our connected product lineup the gift of more intelligence, letting customers’ existing robots clean in new ways.”

The World’s Most Advanced Robot Vacuum and Mop – Roomba Combo j7+
“Until today, many 2-in-1 robot vacuums and mops delivered a poor user experience either because they required separate, time-consuming cleaning jobs or created more mess by not fully lifting the mopping pad high enough to avoid carpet and rugs. The Roomba Combo j7+ uniquely solves both of these challenges,” said Keith Hartsfield, chief product officer at iRobot. “And thanks to iRobot OS, your Roomba Combo j7+ will get smarter over time because it will automatically download new capabilities whenever we release them. So, when new enhancements are developed, your robot gets them too, like magic.”

Unlike other 2-in-1s, the Roomba Combo j7+ vacuums rugs and carpets first and then vacuums and mops hard floors concurrently, saving users time by cleaning the area in a single job. Using advanced sensors, the robot is able to detect various floor types. When the Roomba Combo j7+ approaches carpet and rugs, its fully retractable mop arms lift the wet pad to the top of the robot – in a similar way that a convertible raises its roof – preventing wet messes.

Thanks to iRobot OS and the robot’s PrecisionVision Navigation system, customers don’t have to worry about cleaning up before the cleaning begins. The Roomba Combo j7+ recognizes more than 80 common objects,1 which enables the robot to clean more specific places on command, like around kitty litter boxes, toilet bowls, dishwashers and more. It also allows the robot to detect and avoid floor hazards like cords, clothes, shoes, socks, backpacks, pet bowls, pet toys and solid pet waste. To make cleaning even easier, pair the robot with your voice assistant and simply tell it to clean specific rooms or by specific objects in your home, and it does what you ask instantly.2 The Roomba Combo j7+ understands approximately 600 voice commands, more than any other 2-in-1. Users can customize their Roomba Combo j7+ cleaning jobs in the iRobot Home app, choosing which rooms should be vacuumed and mopped or vacuumed only, and adjust the amount of cleaning solution they want the mop to dispense.

The Only Mop That Lifts High to Keep Carpets Dry
Other 2-in-1 mops lift only a few millimeters – if at all – and, as a result, can leave wet messes on many carpets or rugs. The Roomba Combo j7+ is the only 2-in-1 with a mop that lifts itself to the top of the robot, completely away from carpet and rugs. Two fully retracting, durable, metal mop arms raise the mop pad when the robot senses carpet and rugs, preventing unwanted wet messes.

The First Truly Hands-Free Vacuum and Mop Robot
Using the Roomba Combo j7+ is simple. The robot senses when a mop pad is attached and the mopping solution tank is full – and then goes into mopping mode automatically. Other 2-in-1s have a mop that you must manually attach yourself after the vacuuming is done, adding extra work and time. With the Roomba Combo j7+, the mop arm is already attached and ready to go. For vacuuming, it also comes with the Clean Base® Automatic Dirt Disposal system so you can forget about vacuuming for months at a time. The Clean Base allows the Roomba Combo j7+ to empty the dirt and debris it collects into an enclosed bag that doesn’t need to be replaced for up to 60 days.

iRobot OS 5.0 Home Intelligence – Clean Where You Want, When You Want
iRobot OS delivers a premium and customizable experience for all customers, including pet owners, busy families and anybody looking for more control over how they clean. As part of iRobot’s continued development of iRobot OS, the company is introducing new features and thoughtful digital experiences that improve intelligence, personalization and control across its portfolio of connected Roomba robot vacuums and Braava jet™ robot mops.3 Expanded object recognition allows more cleaning on command, navigation of every floor’s obstacle course and a continued focus on delivering more pet features than any other robot.3

Clean More Specific Places on Command – The iRobot OS visual vocabulary is expanding with new Clean Zone recommendations. In addition to previously announced objects like couches, tables, counters and holiday trees, Roomba robot vacuums with Imprint® Smart Mapping and the Braava jet m6 robot mop can now automatically detect and proactively recommend Clean Zones around dishwashers, toilets, ovens/stoves, litter boxes and pet bowls.3 Users are also able to customize their Smart Map by designating their own precision Clean Zones. Using Alexa or Google Assistant-enabled devices, users can instruct their robot to clean these zones with just their voice, such as, “Alexa, tell Braava jet m6 to mop around the toilet.”2Avoids More of the Objects You Want It to Avoid – Roomba j Series robot vacuums can detect and avoid even more floor hazards than before, providing greater peace of mind that the job will get done for busy families and pet owners. Roomba j Series robots will now recognize and avoid pet toys, pet bowls, litter boxes and backpacks, in addition to previously supported items like shoes/slippers, socks, cords, headphones, clothing, towels and solid pet waste.Skip a Room on the Fly – Things do not always go as planned, including your cleaning routine. Now you can skip a room during a current cleaning job to avoid unwanted interruptions or when life throws you a curveball. Pressing the Skip button in the iRobot Home App or using your voice with Alexa will skip the room or zone that the robot is currently cleaning and move onto the next room or area, allowing you to continue your day uninterrupted.Use More Siri Shortcuts – iOS users can now create Siri Shortcuts for directed room cleaning and saved “favorites” from the iRobot Home App. Now you can use your voice to ask Siri to clean areas like the living room or dining room. Or you can start a cleaning job using your voice from your saved favorites in the iRobot Home App. For example, you can say, “Hey Siri, clean after dinner,” and your Roomba or Braava jet m6 will clean the rooms you designated as that favorite.

iRobot Commitment to Customer Data, Privacy and Security
iRobot products and iRobot OS are backed by the company’s commitment to customer privacy and data security. All data is kept secure from start to finish, incorporating multiple layers of protection around the company’s robots, cloud and app. iRobot treats customer data with the highest standards of privacy protection, and to that end, has obtained the globally recognized TRUSTe Certified Privacy Seal. Customers may update their settings in the app at any time, empowering them to determine what information iRobot may access. iRobot does not, and will not, sell customer data.

“At iRobot, protecting customer data and privacy is of the utmost importance as we explore the path forward for home robotics and the future of the home,” continued Colin Angle. “We know that customers welcome us into their homes because they trust that our products will help them do more, and that we will respect their information. We take that trust seriously.”

iRobot is also the first consumer robot company to achieve the third-party TÜV SÜD Cyber Security Mark, a more stringent framework that goes beyond the industry standard, for the Roomba j7/j7+ robot vacuum. The company is currently pursuing this same level of certification for the Roomba Combo j7/j7+ robot vacuum and mop.

Pricing & Availability:

North America:
The Roomba Combo j7+ is available for pre-sale beginning September 27 in the U.S. for $1,099 USD on iRobot.com, with shipments beginning October 4. It will be available for purchase in Canada beginning October 4. The Roomba Combo j7+ will be available at select retailers throughout North America beginning in October. It will also be available as part of the iRobot Select membership program in 2023.

Rest of World:
The Roomba Combo j7+ is also available in Europe beginning October 4, with availability in other international markets throughout Q4 2022.

iRobot OS 5.0 updates have begun rolling out to customers worldwide.

For more information:
Roomba robot vacuum and Braava jet robot mop photos, videos and information can be found at: http://media.irobot.com/media-kits.

iRobot’s Privacy Principles can be found here.

Please join iRobot on FacebookInstagramTikTokTwitter, and YouTube.

Follow iRobot CEO Colin Angle on Twitter and LinkedIn.

1Robot behavior varies by object.
2Works with Alexa, Google Assistant enabled devices and Siri. Alexa and all related logos are trademarks of Amazon.com or its affiliates. Google is a trademark of Google LLC. Siri is a registered trademark of Apple Inc., registered in the U.S. and other countries and regions.
3Certain iRobot OS digital features will only work with Imprint® Smart Mapping robots, like the Roomba i Series, Roomba s Series, Roomba j Series robot vacuums and Braava jet m6 robot mops. Timing and availability of iRobot OS features may also differ based on model.

About iRobot Corp.
iRobot is a global consumer robot company that designs and builds thoughtful robots and intelligent home innovations that make life better. iRobot introduced the first Roomba robot vacuum in 2002. Today, iRobot is a global enterprise that has sold millions of robots worldwide. iRobot’s product portfolio features technologies and advanced concepts in cleaning, mapping and navigation. Working from this portfolio, iRobot engineers are building robots and smart home devices to help consumers make their homes easier to maintain and healthier places to live. For more information about iRobot, please visit www.irobot.com.

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to iRobot Corporation’s expectations concerning new product availability and new product features, including features that expand product performance over time, and privacy certifications. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot, see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K.

 

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SOURCE iRobot Corporation

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This Week in Consumer News: 15 Stories You Need to See

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A roundup of the most newsworthy consumer and retail announcements from PR Newswire this week, including a glimpse at the 2025 USPS stamp collection, a saucy announcement from McDonalds’s and tomato-based “Pizza Wine” from Pizza Hut.

NEW YORK, Nov. 22, 2024 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help consumer/retail journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

U.S. Postal Service Provides Sneak Peek at 2025 Stamps
“This early glimpse into our 2025 stamp program demonstrates our commitment to providing a diverse range of subjects and designs for both philatelists and stamp enthusiasts,” said Lisa Bobb-Semple, Stamp Services director for USPS.McDonald’s Gets Saucy This Holiday Season to Celebrate the Return of the McRib® Sandwich
Introducing: A Whole Lotta McRib Sauce, a half-gallon jug of the iconic McRib sauce – perfect for holiday parties, festive recipes or the ultimate stocking stuffer for McRib lovers.KIT KAT® Brand Debuts First-Ever Seasonal Shape: KIT KAT® Santas
Available for a limited time only, this new KIT KAT® treat is a festive addition to the brand’s product lineup that is adorned with imprinted boots, a jolly smile and an even crispier wafer-to-chocolate ratio than a traditional KIT KAT® bar.Lovesac Introduces Sactionals Reclining Seat: The World’s Most Innovative Power Recliner
Sactionals owners can now create a couch with as many Reclining Seats as they want – further solidifying the promise that every seat within Sactionals is the best seat in the house.Pizza Hut Launches “Pizza Wine” – A Tomato Wine as Bold as Your Favorite Slice
Pizza Hut unveils their innovative take on the pizza and wine duo to help guests show up as the holiday hero to any party with the Triple Treat Box in one hand and “pizza wine” in the other.CASETiFY Expands Into Travel
CASETiFY is bringing a bold new perspective to the premium travel category with the launch of its most durable, fully customizable, made-to-order luggage collection.Meijer Aims to Provide Four Million Meals to Neighbors in Need this Thanksgiving
From Nov. 24-30, Meijer will donate the equivalent of one meal to Simply Give food pantry partners when a customer’s purchase includes any Meijer brand, Frederik’s by Meijer, True Goodness by Meijer or Purple Cow food item.OpenTable Serves Up 2025 Dining Predictions
“We’re seeing a new age of dining out that is more adventurous than years past, evidenced by diners embracing midweek dining, dining solo or with large groups, or upping the ante with a dining experience,” said Debby Soo, CEO of OpenTable.Zenni Optical and NBA Star Jrue Holiday Team Up to Launch Exclusive Eyewear Collection
Known for his on-court precision and off-court elegance, Jrue brings a fresh and modern approach to eyewear, curating a selection of frames that are practical and fashion-forward.For the 5th Consecutive Year, Hellmann’s Mayonnaise Returns to the Big Game
On February 9, 2025, the MVP condiment brand will show fans how it brings out the best in game day dishes in a :30 spot.Stanley Black & Decker Releases its 2024 “Hosting for the Holidays” Interactive Product Guide to Make Every Room Holiday Ready
The newly released guide allows visitors to virtually walk from room to room, experiencing ways to deck the halls, spread holiday cheer, and spruce up the home in time for the holiday season.Wolverine and Jarritos Unite to Celebrate Heritage and Flavor with Limited-Edition Trade Wedge Boot
Built on the popular silhouette of Wolverine’s Trade Wedge, these limited-edition boots retain all the qualities of this beloved style while infusing the vibrant Jarritos signature lime and mandarin color palette.Nutella® is Partnering with Hallmark Channel to Share the Love this Holiday Season
The beloved hazelnut spread will be featured in the new original Hallmark Channel movie, Deck the Walls, giving families a delicious new recipe to bake together.ALDI Opens First-Ever Charcuterie Chalet Immersive Experience, Bringing Together 90+ Cheeses, Charcuterie & Wines for a Holiday Wonderland
Inside the Charcuterie Chalet, cozy, ski lodge vibes will be met with wall-to-wall charcuterie where guests can feast their eyes – and stomachs – on a curated selection of food and beverage offerings that they can easily recreate at home without busting the holiday budget.Hidden Valley Ranch Unveils Flavor-Packed Holiday Cards
No more stashing holiday cards in your junk drawer or throwing them out in the trash – the NEW “Hidden” Hidden Valley Ranch Holiday Card Collection is meant to be savored once they come off the fridge. Each card in this 8-pack collection comes with a hidden serving of zesty, creamy ranch dressing for recipients to enjoy.

For more news like this, check out all of the latest retail-related releases from PR Newswire.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

About PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.

For questions, contact the team at media.relations@cision.com.

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This Week in Finance News: 12 Stories You Need to See

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A roundup of the most newsworthy financial press releases from PR Newswire this week, including updates in cross-border payments and retirement spending, as well as The Economist’s look ahead at 2025.

NEW YORK, Nov. 22, 2024 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

Chainlink joins Banco Inter, Microsoft and 7Comm consortium to support trade finance use case in phase 2 of Drex pilot
The solution leverages blockchain technology and oracles to automate supply chain management and improve trade finance processes. The goal of the pilot is to demonstrate the automated settlement of agricultural commodity transactions across borders, across platforms, and via different currencies.PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom
These forthcoming integrations will help drive financial inclusion by providing more widespread access to digital financial solutions across Asia-Pacific and Africa. In addition, PayPal will be able to conduct cross-border settlement transactions without being restricted by traditional banking hours.The Great American Group Launches as New Independent Business Following Formation of Partnership between Oaktree and B. Riley
The Great American Group will leverage a 30-year track record to provide industry-leading valuation, appraisal, asset disposition and real estate services.Nordic Capital to acquire Anaqua, a leading global Intellectual Property Management solutions provider
Anaqua’s differentiated solution integrates best-practice workflows, data analytics, foreign filings, and patent and trademark renewal payments into a single, mission critical software platform. This platform offers a unique end-to-end value proposition to streamline operations, inform strategy and empower decision-making around customers’ valuable IP portfolios.The Economist launches The World Ahead 2025-forecasting a year of uncertainty and instability with Trump upending global trade, economics and geopolitics
Commenting on this year’s edition of The World Ahead, editor Tom Standage said, “Donald Trump’s decisive victory and imminent return to the White House will, more than anything else, shape the coming year, with implications in many areas of policy, not just for America, but for the world. What will this mean for global security, the clean-energy transition, international trade and governments’ efforts to cut deficits?”Bethpage Federal Credit Union is Becoming FourLeaf
Bethpage Federal Credit Union, the largest credit union in the Northeast Region, and the 15th largest in the nation with over 480,000 members and $13.4 billion in total assets, is rebranding to become FourLeaf Federal Credit Union. The new name, FourLeaf, represents the credit union’s commitment to growth, prosperity and abundance for its members and the communities it has served for the past 83 years.South Korea’s Hanwha Life to acquire majority stake in U.S.-based Velocity Clearing, allowing both companies to target global markets
Hanwha Life has agreed to acquire a 75% stake in the parent of Velocity Clearing, a U.S.-based global financial services firm. The Velocity Clearing management team will retain the remaining minority stake. With this acquisition, Hanwha Life will secure a foothold in the U.S. financial sector, expanding access to excellent opportunities to maximize the return on investment.Spending Retirement Savings is Keeping Americans Up at Night
Nearly half of America’s retirees (46%) say spending their savings creates anxiety and is having an emotional toll on them and nearly a third (32%) are spending money faster than they expected, according to the most recent chapter of the Alliance for Lifetime Income’s 2024 Protected Retirement Income and Planning (PRIP) Study.Kong Secures $175 Million New Financing at $2B Valuation to Power the API World
Kong will use the new funds to accelerate its global GTM expansion, enhance product innovation with AI-infused capabilities across AI Gateway, Konnect, Insomnia and all its leading API runtimes such as Kong Gateway and Kong Mesh, while investing in the growth of its customer experience teams.Digital News Platform MONIIFY to Deliver Business and Finance Content for Millennials and Gen-Z in Emerging Markets
Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and investors to make smarter money moves by providing insights and analysis on high-potential regions and sectors, including tech, AI, cryptocurrency, and energy.Benzinga Announces Winners for the 2024 Global Fintech Awards
The prestigious event, held at Convene Brookfield Place in New York City, celebrated innovation, excellence, and outstanding achievements across over 25 categories, recognizing companies and individuals who are shaping the future of financial technology.Altrata Report Finds Billionaires’ Wealth Surged by 9%, Reaching a Record of $12.1 Trillion
North America saw the fastest growth in billionaire numbers of any region in 2023. It now accounts for 33.4% of the global billionaire population.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

About PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.

View original content to download multimedia:https://www.prnewswire.com/news-releases/this-week-in-finance-news-12-stories-you-need-to-see-302313742.html

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X Financial to Hold Annual General Meeting on December 20, 2024

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SHENZHEN, China, Nov. 22, 2024 /PRNewswire/ — X Financial (NYSE: XYF) (the “Company” or “we”), a leading online personal finance company in China, today announced it will hold its 2024 annual general meeting of shareholders at 7/F – 8/F, Block A, Aerospace Science and Technology Plaza, No. 168 Haide Third Avenue, Nanshan District, Shenzhen 518067, China on December 20, 2024, at 10:00 a.m. local time.

No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders of record and beneficial owners of the Company’s Class A ordinary shares and Class B ordinary shares to discuss Company affairs with management.

The Board has fixed the close of business on December 9, 2024 as the record date (the “Record Date”) for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof.

Holders of record of the Company’s Class A ordinary shares and Class B ordinary shares at the close of business on the Record Date are entitled to attend the annual general meeting and any adjournment or postponement thereof in person. Beneficial owners of the Company’s ADSs are welcome to attend the annual general meeting in person.

The Company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the “SEC”) on April 29, 2024. The annual report can be accessed on the Company’s investor relations website at https://ir.xiaoyinggroup.com as well as the SEC’s website at https://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company by emailing X Financial Investor Relations at ir@xiaoying.com.

About X Financial

X Financial (NYSE: XYF) (the “Company”) is a leading online personal finance company in China. The Company is committed to connecting borrowers on its platform with its institutional funding partners. With its proprietary big data-driven technology, the Company has established strategic partnerships with financial institutions across multiple areas of its business operations, enabling it to facilitate and provide loans to prime borrowers under a risk assessment and control system.

For more information, please visit: https://ir.xiaoyinggroup.com.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: the Company’s goals and strategies; its future business development, financial condition and results of operations; the expected growth of the credit industry, and marketplace lending in particular, in China; the demand for and market acceptance of its marketplace’s products and services; its ability to attract and retain borrowers and investors on its marketplace; its relationships with its strategic cooperation partners; competition in its industry; and relevant government policies and regulations relating to the corporate structure, business and industry. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law.

For more information, please contact:

X Financial
Mr. Frank Fuya Zheng
E-mail: ir@xiaoying.com 

Christensen IR

In China
Mr. Rene Vanguestaine
Phone: +86-178-1749 0483
E-mail: rene.vanguestaine@christensencomms.com 

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

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