X Financial : SC 13G/A

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS

THERETO

FILED PURSUANT TO 13d-2

Under the Securities Exchange Act of 1934

(Amendment No. 1 )*

X Financial

(Name of Issuer)

Class A ordinary shares, par value US$0.0001 per share

(Title of Class of Securities)

98372W103**

(CUSIP Number)

January 17, 2020

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

• Rule 13d-1(b)
  x Rule 13d-1(c)
• Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

• CUSIP number 98372W103 has been assigned to the American depositary shares ("ADSs") of the issuer, which are quoted on the New York Stock Exchange under the symbol "XYF." Each ADS represents two Class A ordinary shares of the issuer. No CUSIP number has been assigned to ordinary shares of the issuer.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

1.	Names of Reporting Persons
	Easy Alpha Group Limited
2.	Check the Appropriate Box if a Member of a Group
	(a)	o
	(b)	o
3.	SEC Use Only
4.	Citizenship or Place of Organization
	British Virgin Islands
		5.		Sole Voting Power
Number of				9,925,335(1)
Shares		6.		Shared Voting Power
Beneficially				0
Owned by
	7.		Sole Dispositive Power
Each
Reporting				9,925,335 (1)
Person With		8.		Shared Dispositive Power
				0
9.	Aggregate Amount Beneficially Owned by Each Reporting Person
	9,925,335 (1)
10.	Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o
11.	Percent of Class Represented by Amount in Row (9)
	4.4% (2)
12.	Type of Reporting Person
	CO

1. Represents 9,925,335Class A ordinary shares held by Easy Alpha Group Limited, a British Virgin Islands company wholly owned and ultimately controlled by Mr. Fenglei Qian. Each holder of Class A ordinary share is entitled to one vote per share.
2. Calculated based on 223,067,942 Class A ordinary shares issued and outstanding as of December 2, 2019, which is based on the information provided by the Issuer.

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1.	Names of Reporting Persons
	Fenglei Qian
2.	Check the Appropriate Box if a Member of a Group
	(a)	o
	(b)	o
3.	SEC Use Only
4.	Citizenship or Place of Organization
	Hong Kong
		5.		Sole Voting Power
Number of				9,953,675 (1)
Shares		6.		Shared Voting Power
Beneficially				0
Owned by
	7.		Sole Dispositive Power
Each
Reporting				9,953,675 (1)
Person With		8.		Shared Dispositive Power
				0
9.	Aggregate Amount Beneficially Owned by Each Reporting Person
	9,953,675 (1)
10.	Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o
11.	Percent of Class Represented by Amount in Row (9)
	4.5% (2)
12.	Type of Reporting Person
	IN

1. Represents 28,340 Class A ordinary shares held by Mr. Fenglei Qian, and 9,925,335Class A ordinary shares held by Easy Alpha Group Limited, a British Virgin Islands company wholly owned and ultimately controlled by Mr. Fenglei Qian. Each holder of Class A ordinary share is entitled to one vote per share.
2. Calculated based on 223,067,942 Class A ordinary shares issued and outstanding as of December 2, 2019, which is based on the information provided by the Issuer.

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Item 1(a).

Item 1(b).

Item 2(a).

Item 2(b).

Item 2(c).

Item 2(d).

Item 2(e).

Item 3.

Name of Issuer:

X Financial (the "Issuer")

Address of Issuer's Principal Executive Offices:

7-8F, Block A, Aerospace Science and Technology Plaza, No. 168, Haide Third Avenue, Nanshan District, Shenzhen, 518067, the People's Republic of China

Name of Person Filing:

Easy Alpha Group Limited

Fenglei Qian

Address of Principal Business Office or, if none, Residence:

Easy Alpha Group Limited

8/F (859), TOWER 2, Admiralty Centre, 18 Harcourt Road, Admiralty Centre, Hong Kong

Fenglei Qian

8/F (859), TOWER 2, Admiralty Centre, 18 Harcourt Road, Admiralty Centre, Hong Kong

Citizenship:

Easy Alpha Group Limited: British Virgin Islands

Fenglei Qian: Hong Kong

Title of Class of Securities:

Class A ordinary shares, par value US$0.0001 per share

The Issuer's ordinary shares consist of Class A ordinary shares and Class B ordinary shares. Each Class A ordinary share is entitled to one vote, and each Class B ordinary share is entitled to 20 votes and is convertible into one Class A ordinary share. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.

CUSIP Number: 98372W103

This CUSIP number applies to the American depositary shares of the Issuer, each representing two Class A ordinary shares of the Issuer, par value $0.0001 per share. No CUSIP has been assigned to the ordinary shares.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c):

Not applicable.

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Item 4.	Ownership.
	The information required by Items (a) - (c) is set forth in Rows 5 - 11 of the cover page for each of the Reporting Person and is
	incorporated herein by reference
Item 5.	Ownership of Five Percent or Less of a Class.
	If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of
	more than 5 percent of the class of securities, check the following x.
Item 6.	Ownership of More than Five Percent on Behalf of Another Person.
	Not applicable.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding
	Company.
	Not applicable.
Item 8.	Identification and Classification of Members of the Group.
	Not applicable.
Item 9.	Notice of Dissolution of Group.
	Not applicable.
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Item 10.	Certifications.
	Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: January 17, 2020

EASY ALPHA GROUP LIMITED

By: /s/ Fenglei Qian

Name: Fenglei Qian

Title: Director

Fenglei Qian

By: /s/ Fenglei Qian

Name: Fenglei Qian

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JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees that (i) this statement on Schedule 13G has been adopted and filed on behalf of each of them and (ii) all future amendments to such statement on Schedule 13G will, unless written notice to the contrary is delivered as described below, be jointly filed on behalf of each of them. This agreement may be terminated with respect to the obligations to jointly file future amendments to such statement on Schedule 13G as to any of the undersigned upon such person giving written notice thereof to each of the other persons signatory hereto, at the principal office thereof.

Dated: January 17, 2020

EASY ALPHA GROUP LIMITED

By: /s/ Fenglei Qian

Name: Fenglei Qian

Title: Director

Fenglei Qian

By: /s/ Fenglei Qian

Name: Fenglei Qian

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