United States securities and exchange commission logo
January 5, 2023
Dinggui Yan
Chief Executive Officer
Jiayin Group Inc.
18th Floor, Building No. 1
Youyou Century Plaza
428 South Yanggao Road
Pudong New Area, Shanghai 200122
People's Republic of China
Re: Jiayin Group Inc.
Form 20-F for the
fiscal year ended December 31, 2020
Filed April 30,
2021
Form 20-F for the
fiscal year ended December 31, 2021
Filed April 29,
2022
File No. 001-38806
Dear Dinggui Yan:
We have reviewed your November 18, 2022 response to our comment
letter and have the
following comment.
Please respond to this comment within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe our
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your response to this comment, we may have
additional
comments. Unless we note otherwise, our references to prior comments are
to comments in our
November 3, 2022 letter.
Form 20-F for the fiscal year December 31, 2021
Item 3. Key Information, page 7
1. We note your response
to prior comment 1 and your revised proposed disclosure that
' China or the
PRC refers to the People s Republic of China, including, for the
purposes of your annual
report only, Hong Kong and Macau, unless referencing specific
laws and regulations
adopted by the People s Republic of China and other legal and tax
matters applicable only
to mainland China; PRC subsidiaries and PRC entities refer to
entities established in
accordance with laws and regulations of mainland China.'
Dinggui Yan
Jiayin Group Inc.
January 5, 2023
Page 2
Although you may not have material business operations in Hong Kong,
considering that
the transfer of cash between Jiayin Group, Inc. and onshore PRC
operations would flow
through Geerong (HK) Limited, a Hong Kong LLC, please enhance your
disclosures to:
Describe any restrictions or limitations of transferring cash
out of Hong Kong; and
State that if Geerong (HK) Limited is not able to transfer cash
out of Hong Kong, you
will not be able to fund operations in other regions or have it
available to distribute to
your investors.
Provide us with your proposed disclosure.
You may contact Michelle Miller at 1-202-551-3368 or Mark Brunhofer at
1-202-551-
3638 with any questions.
FirstName LastNameDinggui Yan Sincerely,
Comapany NameJiayin Group Inc.
Division of
Corporation Finance
January 5, 2023 Page 2 Office of
Finance
FirstName LastName