Compliance with supervision is a guarantee for the stability and long-term development of financial technology, said Eric Jing, CEO of And Group.
Photo from CFP
By MIAO Yiwei
On December 15, Eric Jing, CEO of Ant Group, addressed the fourth China Internet Finance Forum, his first public outing since the suspension of Ant Group's listing.
"Compliance with supervision is a guarantee for the stability and long-term development of financial technology," he said Jing. “Under comprehensive supervision, more stable and higher-quality development is open to all financial actors. Maintaining financial security and preventing financial risks are the prerequisites for all innovation and development in the finance field.”
In the past month, Ant Group has done its best to deal with the aftermath of the suspension, setting three requirements for itself. One is a better understanding of the relationship between security and development: Without the security of the national financial system and the entire financial industry, there can be no individual corporate security. The second is to improve corporate governance and transparency. The third is a comprehensive risk management.
"At our new stage of development today, Ant Group will continue to improve itself, consciously integrate corporate development into the new regulatory environment and respond to the requirements and expectations of the country and society with practical action," Jing said.