| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
409 |
| Employees |
339 |
| Revenues (TTM) (Millions $) |
140 |
| Net Income (TTM) (Millions $) |
5 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Jianpu Technology Inc. is not an operating company in China but a Cayman Islands holding company with no equity ownership in the VIEs. We conduct our operations in China through (i) our PRC subsidiaries and (ii) the VIEs with which we have maintained contractual arrangements and their subsidiaries in China. PRC laws and regulations impose restrictions on foreign direct investment in companies involved in the value-added telecommunication services. Therefore, we operate such business or may operate certain other businesses which are also subject to foreign investment restrictions in China through Beijing Rongdiandian Information Technology Co., Ltd. ("RDD"), Beijing Kartner Information Technology Co., Ltd. ("KTN"), Beijing Guangkezhixun Information Technology Co., Ltd. ("GKZX"), Hangzhou Haishi Smart Technology Co., Ltd. ("HST") and Beijing Tianyi Chuangshi Technology Co., Ltd. ("TCT").
We have entered into a series of contractual arrangements, including exclusive purchase option agreements, exclusive business cooperation agreements, equity pledge agreements and powers of attorneys, with the VIEs and their shareholders. In particular, through the exclusive purchase option agreements, the shareholders of the VIEs irrevocably grant our PRC subsidiaries exclusive options to purchase all or part of the shareholders' equity interests in the VIEs and all or part of the assets of the VIEs to the extent permitted under PRC law. Through the equity pledge agreements, the shareholders of the VIEs pledge all of their equity interests in the VIEs to guarantee their and the VIEs' performance of their obligations under the contractual arrangements. Pursuant to the powers of attorneys, the shareholders of the VIEs appoint our PRC subsidiaries as their attorneys-in-fact to exercise all shareholder rights in the VIEs. Through the exclusive business cooperation agreements, our PRC subsidiaries have the exclusive right to provide the VIEs with technical, consulting and other services needed for the business of the VIEs and are entitled to receive a service fee from the VIEs in return. These contractual arrangements allow us to exercise effective control over the VIEs, receive substantially all of the economic benefits of the VIEs, and have an exclusive option to purchase all or part of the equity interests in the VIEs when and to the extent permitted by PRC law.
Company Address: 5F Times Cyber Building Beijing 0
Company Phone Number: 6242-7068 Stock Exchange / Ticker: JT
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