Exhibit 99.1

Jianpu Technology Inc. Reports First Half 2020 Unaudited Financial Results

Jianpu Technology Inc. 

Unaudited Condensed Consolidated Balance Sheets

	As of December 31,		As of June 30,
(In thousands except for number of shares and per share data)	2019		2020		2020
	RMB		RMB		US$i
ASSETS
Current assets:
Cash and cash equivalents		694,910		668,148		94,570
Restricted time deposits		249,770		411,025		58,177
Accounts receivable, net (including amounts billed through RONG360 of RMB3,549 and RMB3,394 as of December 31, 2019 and June 30, 2020, respectively)		345,525		338,341		47,889
Amount due from related party		7,082		6,656		942
Prepayments and other current assets		118,423		133,985		18,964
Total current assets		1,415,710		1,558,155		220,542
Non-current assets:
Property and equipment, net		36,686		22,583		3,196
Intangible assets, net		27,061		45,569		6,450
Goodwill		12,697		14,151		2,003
Restricted cash, time deposit and investment		124,407		—		—
Other non-current assets		45,160		36,217		5,126
Total non-current assets		246,011		118,520		16,775
Total assets		1,661,721		1,676,675		237,317
LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings		60,000		158,477		22,431
Accounts payable		184,318		215,057		30,439
Advances from customers		44,000		42,434		6,006
Tax payable		22,168		26,021		3,683
Amount due to related party		34,310		40,003		5,662
Accrued expenses and other current liabilities		224,018		187,202		26,497
Total current liabilities		568,814		669,194		94,718
Non-current liabilities:
Defered tax liabilities		5,801		8,430		1,193
Other non-current liabilities		15,145		11,677		1,653
Total non-current liabilities		20,946		20,107		2,846
Total liabilities		589,760		689,301		97,564

ⁱThis announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.0651 to US$1.00, the rate in effect as of June 30, 2020 as certified for customs purposes by the Federal Reserve Bank of New York.

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Jianpu Technology Inc.

Unaudited Condensed Consolidated Balance Sheets

	As of December 31,			As of June 30,
(In thousands except for number of shares and per share data)	2019			2020			2020
	RMB			RMB			US$
Mezzanine equity:
Redeemable noncontrolling interest		5,556			4,891			692
Shareholders’ equity:
Ordinary shares: US$0.0001 par value, 1,500,000,000 shares authorized, 430,463,797 shares (including 333,992,002 Class A ordinary shares, and 96,471,795 Class B ordinary shares) issued and 422,683,735 shares (including 326,211,940 Class A ordinary shares, and 96,471,795 Class B ordinary shares) outstanding as of December 31, 2019, and 430,463,797 shares (including 333,992,002 Class A ordinary shares, and 96,471,795 Class B ordinary shares) issued and 422,988,972 shares (including 326,517,177 Class A ordinary shares, and 96,471,795 Class B ordinary shares) outstanding as of June 30, 2020, respectively.		286			286			40
Treasury stock, at cost (7,780,062 and 7,474,825 shares held as of December 31, 2019 and June 30, 2020, respectively)		(102,222	)		(101,991	)		(14,436	)
Additional paid-in capital		1,902,105			1,908,784			270,171
Accumulated losses		(792,985	)		(918,430	)		(129,995	)
Statutory reserves		1,900			1,900			269
Accumulated other comprehensive income		52,308			64,032			9,063
Total Jianpu’s shareholders’ equity		1,061,392			954,581			135,112
Noncontrolling interest		5,013			27,902			3,949
Total shareholders’equity		1,066,405			982,483			139,061
Total liabilities, mezzanine equity and shareholders’ equity		1,661,721			1,676,675			237,317

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Jianpu Technology Inc. 

Unaudited Condensed Consolidated Statements of Comprehensive Loss

	For the Six Months Ended June 30,
(In thousands except for number of shares and per share data)	2019			2020			2020
	RMB			RMB			US$
Revenues:
Recommendation services:
Loans [a]		535,968			46,668			6,605
Credit cards		288,680			170,813			24,177
Total recommendation services		824,648			217,481			30,782
Advertising, marketing and other services [b]		105,345			84,663			11,984
Total revenues		929,993			302,144			42,766
Cost of revenues [c]		(80,334	)		(56,046	)		(7,933	)
Gross profit		849,659			246,098			34,833
Operating expenses:
Sales and marketing [d]		(709,457	)		(235,659	)		(33,355	)
Research and development		(155,607	)		(75,565	)		(10,696	)
General and administrative		(92,474	)		(64,126	)		(9,076	)
Penalties		(30,000	)		—			—
Loss from operations		(137,879	)		(129,252	)		(18,294	)
Net interest income/ (loss)		3,148			(852	)		(121	)
Others, net		6,089			4,681			663
Loss before income tax		(128,642	)		(125,423	)		(17,752	)
Income tax (expenses)/ benefits		(4,286	)		202			28
Net loss		(132,928	)		(125,221	)		(17,724	)
Less: net loss attributable to noncontrolling interests		(15,523	)		(2,597	)		(368	)
Net loss attributable to Jianpu’s shareholders		(117,405	)		(122,624	)		(17,356	)
Other comprehensive (loss)/ income, net
Foreign currency translation adjustments		(129	)		11,647			1,649
Total other comprehensive (loss)/ income		(129	)		11,647			1,649
Total comprehensive loss		(133,057	)		(113,574	)		(16,075	)
Less: total comprehensive loss attributable to noncontrolling interests		(15,505	)		(2,673	)		(378	)
Total comprehensive loss attributable to Jianpu’s shareholders		(117,552	)		(110,901	)		(15,697	)
Net loss per share attributable to Jianpu’s shareholders
Basic		(0.28	)		(0.29	)		(0.04	)
Diluted		(0.28	)		(0.29	)		(0.04	)
Net loss per ADS attributable to Jianpu’s shareholders
Basic		(5.63	)		(5.80	)		(0.82	)
Diluted		(5.63	)		(5.80	)		(0.82	)
Weighted average number of shares
Basic		418,822,656			422,860,303			422,860,303
Diluted		418,822,656			422,860,303			422,860,303

[a] Including revenues from related party of RMB19,706 and RMB580 for the six months ended June 30, 2019 and 2020, respectively. 

[b] Including revenues from related party of RMB2,898 and RMB1,716 for the six months ended June 30, 2019 and 2020, respectively. 

[c] Including cost of revenues from related party of nil and RMB2,371 for the six months ended June 30, 2019 and 2020, respectively. 

[d]Including expenses from related party of RMB18,480 and nil for the six months ended June 30, 2019 and 2020, respectively.

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