9F Group

Founded in 2006, 9F Group grew to become a major player in China's fintech industry, primarily focusing on P2P lending, online wealth management, and providing financial services through its digital platform. The company listed on the NASDAQ exchange under the ticker "JFU" in August 2019. However, following a sweeping regulatory crackdown on China's P2P lending industry, 9F Group faced a severe liquidity crisis and significant operational challenges. This led to its failure to file required financial reports and its subsequent delisting from NASDAQ in 2022. The company continues to operate, having pivoted its business model towards being a broader digital financial services platform.