Insurance agent in China: XChange Tec Inc(XHG)

XChange Tec. Inc (NASDAQ: XHG) was founded in 2012, formerly known as FLJ Group Limited, and changed its current name to Q&K International Group in May 2024, Headquartered in China With 19 full-time employees in Shanghai, XChange is engaged in professional insurance agency business in China.

The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

XChange Tec. Inc (XHG) US Equities Encyclopedia

XChange TEC.INC provided by insurance company All kinds of insurance products underwritten include state-owned property insurance companies and property insurance companies in various regions. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

XChange TEC.INC also provides automobile , life, health, group accident and other property related insurance. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

In addition, XChange TEC.INC also operates a SaaS platform to provide comprehensive services for online customers. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

XChange TEC.INC mainly sells insurance through external recommendation source networks (including external registered sales representatives and strategic channel partners) and internal sales teams. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

XChange Tec. Inc (XHG) History Encyclopedia

In June 2012, Qingke Apartment received angel investment from Nuxin Venture Capital. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

In September 2014, in Round A financing, Qingke Apartment received an investment of $10 million from Dachen Venture Capital. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

In June 2015, Round B financing received 180 million yuan jointly invested by Saifu Fund and Newsletter. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

In April 2018, in the C-round financing, Qingke Apartment received tens of millions of dollars jointly invested by private equity funds managed by Morgan Stanley and Kaixin Asia Investment. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

On November 5, 2019, Q&K International Group (formerly NASDAQ: QK) of Qingke Apartment IPO It was listed on NASDAQ, with an issue price of $17.00, 5.2 million shares issued and $88.4 million raised, Morgan Stanley /CICC underwriting. The article originates from American Stock House | American Stock Encyclopedia | Hong Kong and US Stock Account Opening Investment- https://www.mg21.com/xhg.html

In September 2022, Qingke Apartment will be renamed as FLJ Group Limited (formerly NASDAQ: FLJ).

On November 22, 2023, FLJ Group signed an equity acquisition agreement with Alpha Mind Technology Limited to acquire all the issued and outstanding shares of Alpha Mind Technology Limited at a total acquisition price of US $180 million. The transaction was completed on December 29, 2023.

In May 2024, FLJ Group Limited will be renamed XChange Tec Inc.

XChange Tec. Inc (XHG) US equity investment