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Weidai Ltd. American depositary shares each representing one Class A
Weidai (NYSE:WEI) is issuing this press release in light of the unusual trading activity related to the ADSs of the Co. on the NYSE on April 1, 2022. Weidai confirms that it is not aware of any undisclosed material change or development in its business and operations or rumors in the market that would account for the recent increase in trading activity, and related increase in trading price, of its ADSs on the NYSE. WEI shares -6.29% premarket to $1.34.