China Rapid Finance Limited is cooperating with Tencent’s wealth management platform, Licaitong, to provide new investment products offering more choices for individual investors. The initial amount, totaling more than RMB 27 million, immediately sold out within two hours of the launch online. With China Rapid Finance as the screening party for the underlying assets, the first-phase products on Tencent’s Licaitong platform included fixed-term financial products with maturities of 9 months, 12 months, 15 months and 18 months. The expected annualized returns are, respectively, 4.65%, 5.03%, 5.63% and 6.19%. Licaitong is Tencent’s wealth management platform, which is accessible via WeChat wallet and QQ wallet. Based on advantages in risk management and product design from both sides, this cooperation provides Tencent users with quality investment opportunities and a transparent investment environment.