#China #Shenzhen #Financial Technology #digital banking #OneConnect

OneConnect Financial Technology's Annual Report for Fiscal Year 2024

On April 24, 2025, OneConnect Financial Technology Co., Ltd., a prominent technology-as-a-service provider for the financial industry in China, publicly filed its annual report on Form 20-F for the fiscal year ending December 31, 2024. This filing was made with the Securities and Exchange Commission (SEC), underscoring the company's commitment to transparency and accountability to its stakeholders.

The comprehensive annual report, which can be accessed both on the SEC website and through OneConnect's investor relations portal, offers a detailed overview of the company's audited consolidated financial statements. As a gesture of goodwill, OneConnect has also committed to providing physical copies of these reports free of charge to shareholders and ADS holders who request them via the company's dedicated email.

About OneConnect Financial Technology

OneConnect operates at the forefront of financial technology, merging extensive expertise in the financial services sector with advanced technological solutions. By offering an array of services including digital banking and digital insurance solutions, as well as its proprietary Gamma Platform, OneConnect aims to facilitate the digital transformation of financial institutions. This transformative journey allows its clients to increase operational efficiency, enhance service quality, and mitigate costs and risks associated with traditional banking methods.

With long-standing partnerships with various financial institutions, OneConnect has tailored its solutions to meet widespread needs across the digital landscape. The firm has made significant strides in expanding its services to a broader spectrum of stakeholders within the financial ecosystem, addressing the diverse challenges of digital conversion.

A notable aspect of OneConnect’s operations is its ability to extend its technological frameworks to international markets, furthering its growth prospects and reinforcing its reputation as a leader in the fintech space. This global reach not only enhances revenue streams but also augments the company's brand as a trusted technology provider.

Growth and Future Prospects

The 2024 fiscal year was marked by several strategic achievements for OneConnect. The company has reported a focus on building enduring relationships with clients, ensuring solutions are customized to specific operational needs, while engaging closely with partners throughout the financial services value chain. This collaborative approach has proven beneficial, particularly as financial institutions navigate the complexities of digital transitions.

OneConnect's forward-looking strategies center around continued innovation in its core technologies and services. The company emphasizes the need to stay ahead of industry trends, responding proactively to regulatory changes, which is crucial given the dynamic landscape of financial technologies. The emphasis on adaptability is vital not just in compliance but also in enhancing customer engagement and retention.

As articulated in their Safe Harbor Statement, future outcomes are subject to various risks and uncertainties, including evolving regulations and market competition. Nevertheless, OneConnect remains optimistic, bolstered by its strategic partnerships and technological advancements that position it favorably for sustainable growth.

In summary, OneConnect Financial Technology’s annual report for 2024 reflects a robust framework for driving digital transformation within the financial services industry. A commitment to innovation, customer engagement, and strategic partnerships emphasizes its role as a leader in fintech solutions, offering vast potential for growth in an increasingly competitive market.

For further information, interested parties can visit OneConnect's investor relations website for access to the full report and additional resources.