OneConnect Announces Receipt of Notice Regarding NYSE Continued Listing Standards

Nov 03, 2022

OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it received a letter from the New York Stock Exchange (the “NYSE”) dated October 6, 2022, notifying the Company that it is below the NYSE’s continued listing standards due to the trading price of OneConnect’s American depositary shares (the “ADSs”). The notice has no immediate impact on the listing of the Company’s ADSs, which will continue to be listed and traded on the NYSE, subject to the Company’s compliance with other NYSE continued listing standards and other rights of the NYSE to delist the ADSs. The NYSE notification does not affect the Company’s business operations, its U.S. Securities and Exchange Commission reporting requirements or contractual obligations.

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