OneConnect Financial Technology Co Ltd (NYSE:OCFT) Q2 2021 Earnings Conference Call August 3, 2021 9:00 PM ET Company Participants Anita Du - IR Ye Wangchun - Chairman & CEO Luo Yongtao - CFO Michael Fei - Board Secretary & CEO, SME Banking Chen Xuhua - CEO, CEO of Gamma O Conference Call Participants Hans Chung - KeyBanc Capital Markets Carson Lo - HSBC Ethan Wang - CLSA Limited Piyush Mubayi - Goldman Sachs Group Alex Yao - JPMorgan Chase & Co. Operator Good day, and thank you for standing by. Welcome to ...

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q1 2021 Earnings Conference Call May 11, 2021 9:00 PM ET Company Participants Patricia Cheng - Head, Investor Relations Ye Wangchun - Chairman & Chief Executive Officer Luo Yongtao - Chief Financial Officer Michael Fei - Chief Executive Officer, SME Banking Conference Call Participants Yang Liu - Morgan Stanley Hans Chung - KeyBanc Ethan Wang - CLSA Elsie Cheng - Goldman Sachs Alex Yao - JPMorgan Operator Good day and thank you for standing by. Welcome t ...

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q4 2020 Earnings Conference Call February 2, 2021 8:00 PM ET Company Participants Patricia Cheng - Head, Investor Relations Ye Wangchun - Chairman & Chief Executive Officer Jacky Lo - Chief Financial Officer Michael Fei - Chief Executive Officer, SME Banking Bin Ru Tan - Chief Executive Officer, Southeast Asia, Operations Conference Call Participants Elsie Cheng - Goldman Sachs Carson Lo - HSBC Hans Chung - KeyBanc Capital Markets Ethan Wang - CLSA Emers ...

OneConnect Financial Technology Co., Ltd (NYSE:OCFT) Q2 2020 Earnings Conference Call August 4, 2020 9:00 AM ET Company Participants Patricia Cheng – Head-Investor Relations Ye Wangchun – Chairman and Chief Executive Officer Michael Fei – Chief Executive Officer-SME Banking Jacky Lo – Chief Financial Officer Conference Call Participants Elsie Cheng – Goldman Sachs Hans Chung – KeyBanc Yang Liu – Morgan Stanley Emerson Chan – Bank of America Alex Yao – JPMorgan Operator Ladies and gentlemen, and welcome to O ...

Foreign Exchange Risk - The company has a significant exposure to foreign exchange risk, primarily related to cash and cash equivalents denominated in U.S. dollars, while most revenues and expenses are in Renminbi [932]. - As of December 31, 2019, 81.2% of cash and cash equivalents were held in U.S. dollars, Singapore dollars, or Hong Kong dollars, with only 18.8% in Renminbi [934]. - A 10% appreciation or depreciation in the U.S. dollar to Renminbi exchange rate would impact profit and equity by approximately RMB43.1 million, RMB433.0 million, and RMB408.4 million (US$58.5 million) for the years 2017, 2018, and 2019 respectively [934]. - The company utilizes currency swaps to hedge foreign exchange risk, although it does not consider this risk to be significant at present [932]. Credit Risk - The company has not experienced significant credit risk due to its transactions primarily with state-owned or reputable financial institutions [936]. - Trade receivables and contract assets are assessed for credit quality, with measures in place to mitigate credit risk through shorter credit periods and prepayment methods [937]. - The company has established policies for monitoring and controlling credit risk associated with financial guarantee contracts [937]. Interest Rate Risk - Most borrowings were at fixed rates as of December 31, 2019, indicating limited exposure to interest rate fluctuations [939]. - Future results may be impacted by changes in market interest rates, although no material risks are anticipated [939]. Inflation Impact - The company has not been materially affected by inflation, with consumer price index increases of 1.6%, 2.1%, and 2.9% for the years 2017, 2018, and 2019 respectively [940]. Initial Public Offering (IPO) - The company completed its initial public offering (IPO) in December 2019, issuing 31,200,000 ADSs, equivalent to 93,600,000 ordinary shares [955]. - The underwriters partially exercised their over-allotment options, resulting in an additional 3,520,000 ADSs sold [955]. - The net proceeds from the IPO and the partial over-allotment totaled approximately US$311.0 million [955]. - From December 12, 2019, to December 31, 2019, the company did not utilize any of the net proceeds from the IPO [956]. - None of the net proceeds from the IPO have been paid to directors, officers, or their associates [956]. - The company intends to use the remaining proceeds from the IPO as disclosed in its registration statements [957].