0001104659-21-059001.txt : 20210430 0001104659-21-059001.hdr.sgml : 20210430 20210430160749 ACCESSION NUMBER: 0001104659-21-059001 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210430 FILED AS OF DATE: 20210430 DATE AS OF CHANGE: 20210430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Jianpu Technology Inc. CENTRAL INDEX KEY: 0001713923 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38278 FILM NUMBER: 21877923 BUSINESS ADDRESS: STREET 1: 21/F INTERNET FINANCE CENTER STREET 2: DANLING STREET CITY: BEIJING STATE: F4 ZIP: 100080 BUSINESS PHONE: 00861082625755 MAIL ADDRESS: STREET 1: 21/F INTERNET FINANCE CENTER STREET 2: DANLING STREET CITY: BEIJING STATE: F4 ZIP: 100080 6-K 1 a21-14433_16k.htm 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2021

 


 

Commission File Number: 001-38278

 


 

Jianpu Technology Inc.

 

21/F Internet Finance Center,

Danling Street, Beijing

People’s Republic of China

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

 

Form 20-F

x

Form 40-F

o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

 

 

 


 

Corrections of Previously Announced Unaudited Financial Results

 

Jianpu Technology Inc. (“Jianpu” or the “Company”) is furnishing this Form 6-K to disclose restatement adjustments to correct its previously announced unaudited quarterly financial results for the three months ended March 31, June 30, September 30, and December 31, 2019, and unaudited annual financial results for the year ended December 31, 2019, respectively, each attached as an exhibit to the Company’s current report on Form 6-K previously furnished to the Securities and Exchange Commission (the “SEC”) on May 30, 2019, August 28, 2019, December 10, 2019 and March 24, 2020, as applicable.

 

The restatement adjustments have arisen from (i) the findings from an internal review (the “Review”) of certain matters relating to transactions carried out by the Credit Card Business Unit of the Company with third-party agents (including both upstream agents and downstream suppliers); and (ii) subsequent events(1), primarily a concluded investigation against a subsidiary of the Company and certain of its employees by competent authorities in relation to the compliance of information collection or use, and others.

 

The Company’s consolidated financial statements for the year ended December 31, 2018 have been restated. The financial information included in reports previously filed or furnished by the Company for the years ended December 31, 2018 and 2019 should no longer be relied upon and is superseded by the applicable information in the Company’s annual report on Form 20-F for the year ended December 31, 2019 (the “2019 20-F”) filed on April 30, 2021 and this current report on Form 6-K, as the case may be.

 

The following tables provide the unaudited quarterly financial results for the three months ended March 31, June 30, September 30 and December 31, 2019, and unaudited annual financial results for the year ended December 31, 2019 that the Company previously announced, respectively, and the adjusted unaudited quarterly and annual financial results that are reconciled with the Company’s final financial results for the year ended December 31, 2019 included in the 2019 20-F.

 


Note:

(1)         According to ASC 855, these are first type subsequent events that provide additional evidence about conditions that existed at the date of the balance sheet as of December 31, 2019.

 

2


 

Unaudited

 

 

 

As Previously Announced

 

Adjustments

 

 

 

As Adjusted

 

 

 

For the three months ended

 

For the three months ended

 

 

 

For the three months ended

 

(In thousands
except for number of shares and per

 

March 31,
2019

 

June 30,
2019

 

September
30, 2019

 

December 31,
2019

 

March 31,
2019

 

June 30,
2019

 

September 30,
2019

 

December
31, 2019

 

 

 

March 31,
2019

 

June 30,
2019

 

September 30,
2019

 

December 31,
2019

 

share data)

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

NOTES

 

RMB

 

RMB

 

RMB

 

RMB

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Recommendation services:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loans

 

432,550

 

103,418

 

90,324

 

40,015

 

 

 

 

 

 

 

432,550

 

103,418

 

90,324

 

40,015

 

Credit cards

 

149,305

 

196,524

 

195,583

 

208,261

 

(23,366

)

(33,783

)

(43,654

)

(62,877

)

(2)

 

125,939

 

162,741

 

151,929

 

145,384

 

Total recommendation services

 

581,855

 

299,942

 

285,907

 

248,276

 

(23,366

)

(33,783

)

(43,654

)

(62,877

)

 

 

558,489

 

266,159

 

242,253

 

185,399

 

Advertising, marketing services and other services

 

73,004

 

62,341

 

37,595

 

41,389

 

(13,210

)

(16,790

)

 

(902

)

(3), (4)

 

59,794

 

45,551

 

37,595

 

40,487

 

Total revenues

 

654,859

 

362,283

 

323,502

 

289,665

 

(36,576

)

(50,573

)

(43,654

)

(63,779

)

 

 

618,283

 

311,710

 

279,848

 

225,886

 

Cost of revenues

 

(55,938

)

(24,396

)

(26,984

)

(26,650

)

 

 

 

 

 

 

(55,938

)

(24,396

)

(26,984

)

(26,650

)

Gross profit

 

598,921

 

337,887

 

296,518

 

263,015

 

(36,576

)

(50,573

)

(43,654

)

(63,779

)

 

 

562,345

 

287,314

 

252,864

 

199,236

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales and marketing

 

(448,232

)

(318,374

)

(325,293

)

(260,397

)

23,366

 

33,783

 

39,581

 

56,220

 

(2), (4)

 

(424,866

)

(284,591

)

(285,712

)

(204,177

)

Research and development

 

(82,319

)

(73,288

)

(66,502

)

(50,234

)

 

 

 

 

 

 

(82,319

)

(73,288

)

(66,502

)

(50,234

)

General and administrative

 

(52,374

)

(40,100

)

(30,609

)

45,973

 

 

 

 

(23,786

)

(2), (4)

 

(52,374

)

(40,100

)

(30,609

)

22,187

 

Impairment loss

 

 

 

(250,323

)

(4,360

)

 

 

 

 

 

 

 

 

(250,323

)

(4,360

)

Penalties

 

 

 

 

 

(13,210

)

(16,790

)

 

 

(3)

 

(13,210

)

(16,790

)

 

 

Income/(Loss) from operations

 

15,996

 

(93,875

)

(376,209

)

(6,003

)

(26,420

)

(33,580

)

(4,073

)

(31,345

)

 

 

(10,424

)

(127,455

)

(380,282

)

(37,348

)

Net interest income

 

730

 

2,418

 

1,786

 

166

 

 

 

 

 

 

 

730

 

2,418

 

1,786

 

166

 

Others, net

 

1,592

 

4,497

 

6,337

 

(641

)

 

 

 

 

 

 

1,592

 

4,497

 

6,337

 

(641

)

Income/(Loss) before income tax

 

18,318

 

(86,960

)

(368,086

)

(6,478

)

(26,420

)

(33,580

)

(4,073

)

(31,345

)

 

 

(8,102

)

(120,540

)

(372,159

)

(37,823

)

Income tax benefits/(expenses)

 

392

 

2,106

 

15,542

 

(83

)

(2,178

)

(4,606

)

(3,168

)

 

(3)

 

(1,786

)

(2,500

)

12,374

 

(83

)

Net income/(loss)

 

18,710

 

(84,854

)

(352,544

)

(6,561

)

(28,598

)

(38,186

)

(7,241

)

(31,345

)

 

 

(9,888

)

(123,040

)

(359,785

)

(37,906

)

Less: net income/(loss) attributable to noncontrolling interests

 

2,609

 

(1,175

)

(61,338

)

(1,194

)

(7,261

)

(9,696

)

(804

)

 

(3)

 

(4,652

)

(10,871

)

(62,142

)

(1,194

)

Net income/(loss) attributable to Jianpu’s shareholders

 

16,101

 

(83,679

)

(291,206

)

(5,367

)

(21,337

)

(28,490

)

(6,437

)

(31,345

)

 

 

(5,236

)

(112,169

)

(297,643

)

(36,712

)

Other comprehensive (loss)/income, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

(20,704

)

20,575

 

26,940

 

(12,126

)

 

 

 

 

 

 

(20,704

)

20,575

 

26,940

 

(12,126

)

Total other comprehensive (loss)/income

 

(20,704

)

20,575

 

26,940

 

(12,126

)

 

 

 

 

 

 

(20,704

)

20,575

 

26,940

 

(12,126

)

Total comprehensive loss

 

(1,994

)

(64,279

)

(325,604

)

(18,687

)

(28,598

)

(38,186

)

(7,241

)

(31,345

)

 

 

(30,592

)

(102,465

)

(332,845

)

(50,032

)

Less: total comprehensive income/(loss) attributable to noncontrolling interests

 

2,401

 

(949

)

(61,109

)

(1,314

)

(7,261

)

(9,696

)

(804

)

 

(3)

 

(4,860

)

(10,645

)

(61,913

)

(1,314

)

Total comprehensive loss attributable to Jianpu’s shareholders

 

(4,395

)

(63,330

)

(264,495

)

(17,373

)

(21,337

)

(28,490

)

(6,437

)

(31,345

)

 

 

(25,732

)

(91,820

)

(270,932

)

(48,718

)

Net loss per share attributable to Jianpu’s shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

0.04

 

(0.20

)

(0.69

)

(0.01

)

(0.05

)

(0.07

)

(0.02

)

(0.07

)

 

 

(0.01

)

(0.27

)

(0.71

)

(0.08

)

Diluted

 

0.04

 

(0.20

)

(0.69

)

(0.01

)

(0.05

)

(0.07

)

(0.02

)

(0.07

)

 

 

(0.01

)

(0.27

)

(0.71

)

(0.08

)

Net loss per ADS(1) attributable to Jianpu’s shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

0.76

 

(4.01

)

(13.81

)

(0.26

)

(1.02

)

(1.36

)

(0.30

)

(1.48

)

 

 

(0.26

)

(5.37

)

(14.11

)

(1.74

)

Diluted

 

0.73

 

(4.01

)

(13.81

)

(0.26

)

(0.99

)

(1.36

)

(0.30

)

(1.48

)

 

 

(0.26

)

(5.37

)

(14.11

)

(1.74

)

Weighted average number of shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

419,188,261

 

418,461,069

 

422,105,931

 

422,494,898

 

 

 

 

 

 

 

419,188,261

 

418,461,069

 

422,105,931

 

422,494,898

 

Diluted

 

441,141,116

 

418,461,069

 

422,105,931

 

422,494,898

 

 

 

 

 

 

 

419,188,261

 

418,461,069

 

422,105,931

 

422,494,898

 

 

3


 

Unaudited

 

 

 

For the Year Ended December 31, 2019

 

(In thousands except for number of shares and per

 

As Previously
Announced

 

Adjustments

 

As Adjusted(5)

 

share data)

 

RMB

 

RMB

 

RMB

 

 

 

 

 

 

 

 

 

Revenues:

 

 

 

 

 

 

 

Recommendation services:

 

 

 

 

 

 

 

Loans

 

666,307

 

 

666,307

 

Credit cards

 

749,673

 

(163,680

)

585,993

 

Total recommendation services

 

1,415,980

 

(163,680

)

1,252,300

 

Advertising, marketing services and other services

 

214,329

 

(30,902

)

183,427

 

Total revenues

 

1,630,309

 

(194,582

)

1,435,727

 

Cost of revenues

 

(133,968

)

 

(133,968

)

Gross profit

 

1,496,341

 

(194,582

)

1,301,759

 

Operating expenses:

 

 

 

 

 

 

 

Sales and marketing

 

(1,352,296

)

152,950

 

(1,199,346

)

Research and development

 

(272,343

)

 

(272,343

)

General and administrative

 

(77,110

)

(23,786

)

(100,896

)

Impairment loss

 

(254,683

)

 

(254,683

)

Penalties

 

 

(30,000

)

(30,000

)

Loss from operations

 

(460,091

)

(95,418

)

(555,509

)

Net interest income

 

5,100

 

 

5,100

 

Others, net

 

11,785

 

 

11,785

 

Loss before income tax

 

(443,206

)

(95,418

)

(538,624

)

Income tax benefits/(expenses)

 

17,957

 

(9,952

)

8,005

 

Net loss

 

(425,249

)

(105,370

)

(530,619

)

Less: net loss attributable to noncontrolling interests

 

(61,098

)

(17,761

)

(78,859

)

Net loss attributable to Jianpu’s shareholders

 

(364,151

)

(87,609

)

(451,760

)

Other comprehensive income, net

 

 

 

 

 

 

 

Foreign currency translation adjustments

 

14,685

 

 

14,685

 

Total other comprehensive income

 

14,685

 

 

14,685

 

Total comprehensive loss

 

(410,564

)

(105,370

)

(515,934

)

Less: total comprehensive loss attributable to noncontrolling interests

 

(60,971

)

(17,761

)

(78,732

)

Total comprehensive loss attributable to Jianpu’s shareholders

 

(349,593

)

(87,609

)

(437,202

)

Net loss per share attributable to Jianpu’s shareholders

 

 

 

 

 

 

 

Basic and diluted

 

(0.87

)

(0.20

)

(1.07

)

Net loss per ADS attributable to Jianpu’s shareholders

 

 

 

 

 

 

 

Basic and diluted

 

(17.32

)

(4.16

)

(21.48

)

Weighted average number of shares

 

 

 

 

 

 

 

Basic and diluted

 

420,575,827

 

 

420,575,827

 

 

4


 

Unaudited

 

 

 

As Previously Announced

 

Adjustments

 

 

 

As Adjusted

 

(In thousands except for number

 

As of March
31, 2019

 

As of June
30, 2019

 

As of 
September
30, 2019

 

As of
December
31, 2019

 

As of 
March 31,
2019

 

As of June
30, 2019

 

As of
September
30, 2019

 

As of
December
31, 2019

 

 

 

As of March
31, 2019

 

As of June
30, 2019

 

As of
September
30, 2019

 

As of 
December
31, 2019

 

of shares and per share data)

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

NOTES

 

RMB

 

RMB

 

RMB

 

RMB

 

ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

1,103,426

 

916,133

 

806,686

 

694,910

 

 

 

 

 

 

 

1,103,426

 

916,133

 

806,686

 

694,910

 

Restricted cash and time deposits

 

161,904

 

165,299

 

293,585

 

249,770

 

 

 

 

 

 

 

161,904

 

165,299

 

293,585

 

249,770

 

Short-term investment

 

85,050

 

123,661

 

 

 

 

 

 

 

 

 

85,050

 

123,661

 

 

 

Accounts receivable, net

 

433,645

 

497,849

 

395,563

 

370,266

 

 

 

 

(24,741

)

(2), (4)

 

433,645

 

497,849

 

395,563

 

345,525

 

Amount due from related party

 

13,134

 

 

 

7,082

 

 

 

 

 

 

 

13,134

 

 

 

7,082

 

Prepayments and other current assets

 

215,446

 

139,381

 

165,377

 

118,100

 

 

 

 

323

 

(4)

 

215,446

 

139,381

 

165,377

 

118,423

 

Total current assets

 

2,012,605

 

1,842,323

 

1,661,211

 

1,440,128

 

 

 

 

(24,418

)

 

 

2,012,605

 

1,842,323

 

1,661,211

 

1,415,710

 

Non-current assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property and equipment, net

 

50,791

 

46,273

 

43,727

 

36,686

 

 

 

 

 

 

 

50,791

 

46,273

 

43,727

 

36,686

 

Intangible assets, net

 

110,874

 

106,085

 

5,182

 

27,061

 

 

 

 

 

 

 

110,874

 

106,085

 

5,182

 

27,061

 

Goodwill

 

147,296

 

147,296

 

5,422

 

12,697

 

 

 

 

 

 

 

147,296

 

147,296

 

5,422

 

12,697

 

Restricted cash, time deposit and investment

 

 

 

 

124,407

 

 

 

 

 

 

 

 

 

 

124,407

 

Other non-current assets

 

120,969

 

83,160

 

121,322

 

50,458

 

 

 

 

(5,298

)

(4)

 

120,969

 

83,160

 

121,322

 

45,160

 

Total non-current assets

 

429,930

 

382,814

 

175,653

 

251,309

 

 

 

 

(5,298

)

 

 

429,930

 

382,814

 

175,653

 

246,011

 

Total assets

 

2,442,535

 

2,225,137

 

1,836,864

 

1,691,437

 

 

 

 

(29,716

)

 

 

2,442,535

 

2,225,137

 

1,836,864

 

1,661,721

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term borrowings

 

148,500

 

148,500

 

154,314

 

60,000

 

 

 

 

 

 

 

148,500

 

148,500

 

154,314

 

60,000

 

Accounts payable

 

214,159

 

208,488

 

149,934

 

185,681

 

 

 

 

(1,363

)

(4)

 

214,159

 

208,488

 

149,934

 

184,318

 

Advances from customers

 

144,137

 

98,007

 

63,911

 

44,000

 

 

 

 

 

 

 

144,137

 

98,007

 

63,911

 

44,000

 

Tax payable

 

34,760

 

13,705

 

12,669

 

12,272

 

2,178

 

6,784

 

9,952

 

9,896

 

(3), (4)

 

36,938

 

20,489

 

22,621

 

22,168

 

Amount due to related party

 

9,225

 

25,337

 

13,649

 

34,310

 

 

 

 

 

 

 

9,225

 

25,337

 

13,649

 

34,310

 

Accrued expenses and other current liabilities

 

176,776

 

121,127

 

160,517

 

156,897

 

26,420

 

60,000

 

64,073

 

67,121

 

(2), (3)

 

203,196

 

181,127

 

224,590

 

224,018

 

Total current liabilities

 

727,557

 

615,164

 

554,994

 

493,160

 

28,598

 

66,784

 

74,025

 

75,654

 

 

 

756,155

 

681,948

 

629,019

 

568,814

 

Non-current liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred tax liabilities

 

16,199

 

15,532

 

585

 

5,801

 

 

 

 

 

 

 

16,199

 

15,532

 

585

 

5,801

 

Other non-current liabilities

 

30,446

 

24,074

 

18,731

 

15,145

 

 

 

 

 

 

 

30,446

 

24,074

 

18,731

 

15,145

 

Total non-current liabilities

 

46,645

 

39,606

 

19,316

 

20,946

 

 

 

 

 

 

 

46,645

 

39,606

 

19,316

 

20,946

 

Total liabilities

 

774,202

 

654,770

 

574,310

 

514,106

 

28,598

 

66,784

 

74,025

 

75,654

 

 

 

802,800

 

721,554

 

648,335

 

589,760

 

Mezzanine equity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Redeemable noncontrolling interest

 

 

 

5,766

 

5,556

 

 

 

 

 

 

 

 

 

5,766

 

5,556

 

Shareholders’ equity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary shares

 

284

 

286

 

286

 

286

 

 

 

 

 

 

 

284

 

286

 

286

 

286

 

Treasury stock, at cost

 

(93,937

)

(110,199

)

(105,474

)

(102,222

)

 

 

 

 

 

 

(93,937

)

(110,199

)

(105,474

)

(102,222

)

Additional paid-in capital

 

1,949,888

 

1,964,623

 

1,971,893

 

1,902,105

 

 

 

 

 

 

 

1,949,888

 

1,964,623

 

1,971,893

 

1,902,105

 

Accumulated losses

 

(325,124

)

(408,803

)

(700,009

)

(706,497

)

(21,337

)

(49,827

)

(56,264

)

(86,488

)

 

 

(346,461

)

(458,630

)

(756,273

)

(792,985

)

Statutory reserves

 

1,900

 

1,900

 

1,900

 

3,021

 

 

 

 

(1,121

)

(3)

 

1,900

 

1,900

 

1,900

 

1,900

 

Accumulated other comprehensive income

 

17,254

 

37,603

 

64,314

 

52,308

 

 

 

 

 

 

 

17,254

 

37,603

 

64,314

 

52,308

 

Total Jianpu’s shareholders’ equity

 

1,550,265

 

1,485,410

 

1,232,910

 

1,149,001

 

(21,337

)

(49,827

)

(56,264

)

(87,609

)

 

 

1,528,928

 

1,435,583

 

1,176,646

 

1,061,392

 

Noncontrolling interests

 

118,068

 

84,957

 

23,878

 

22,774

 

(7,261

)

(16,957

)

(17,761

)

(17,761

)

(3)

 

110,807

 

68,000

 

6,117

 

5,013

 

Total shareholders’ equity

 

1,668,333

 

1,570,367

 

1,256,788

 

1,171,775

 

(28,598

)

(66,784

)

(74,025

)

(105,370

)

 

 

1,639,735

 

1,503,583

 

1,182,763

 

1,066,405

 

Total liabilities, mezzanine equity and shareholders’ equity

 

2,442,535

 

2,225,137

 

1,836,864

 

1,691,437

 

 

 

 

(29,716

)

 

 

2,442,535

 

2,225,137

 

1,836,864

 

1,661,721

 

 

5


 


Notes:

 

(1)             Net loss per ADS (American Depositary Shares) attributable to Jianpu’s shareholders has been retrospectively adjusted for the ADS ratio change, from two ADS to five Class A ordinary shares to one ADS to twenty Class A ordinary shares, that became effective on October 30, 2020.

 

(2)             Refers to the adjustments that arose from the findings from the Review, which affected unaudited quarterly financial results for all four quarters of the year. See “Item 8. Financial Information—A. Consolidated Statements and Other Financial Information—Independent Review.” in the 2019 20-F.

 

(3)             Refers to the adjustments that arose from the concluded investigation against a subsidiary of the Company and certain of its employees by competent authorities in relation to the compliance of information collection or use, which affected revenues and penalties in the first and second quarter of the year, and income tax expenses and net loss attributable to noncontrolling interest in the first three quarters of the year. See note 25(b) to the consolidated financial statements included in the 2019 20-F.

 

(4)             Refers to the adjustments that arose from other subsequent events, which provided additional evidence about conditions that existed at the date of the balance sheet as of December 31, 2019, which affected unaudited quarterly financial results for the fourth quarter of the year.

 

(5)             The adjusted unaudited financial results are reconciled with the Company’s final financial results for the year ended December 31, 2019 included in the 2019 20-F.

 

6


 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

Jianpu Technology Inc.

 

 

 

 

 

 

 

 

 

By

:

/s/ Yilü (Oscar) Chen

 

Name

:

Yilü (Oscar) Chen

 

Title

:

Chief Financial Officer

 

 

Date: April 30, 2021

 

7