Weidai Ltd. to Attend Morgan Stanley's 17th Annual Asia Pacific Summit on November 28-30, 2018

HANGZHOU,China,Nov. 19,2018 -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI),a leading auto-backed financing solution provider inChina,today announced that it will attend the Morgan Stanley 17th Annual Asia Pacific Summit to be held on November 28-30,2018,in Singapore.

Investors who are interested in attending the conference and meeting with Weidai should contact their sales representatives at Morgan Stanley.

About Weidai

Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI) is a pioneer and leading auto-backed financing solution provider inChinasupported by sophisticated and effective risk management system and technology. The Company transforms used automobiles,a type of "non-standard" collateral,into investable assets,to provide accessible credit forChina'ssmall and micro enterprises,and connects the borrowers with both online investors and institutional funding partners through its platform.

For more information on Weidai,please visithttp://weidai.investorroom.com/.

For more information,please contact:

Christensen

Mr. Christian Arnell

In China

+86-10-5900-1548

carnell@christensenir.com

Ms. Linda Bergkamp

In US

+1-480-614-3004

lbergkamp@christensenir.com

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