Record High Net Profit
Net profit reached RMB 511 million, representing a quarter-over-quarter growth of 19% and year-over-year growth of 126%, a record high in the past 14 quarters.
Increased Shareholder Returns
Cash dividend payout ratio raised from 25% to 30% starting in the second half of the year. Announced a $60 million share repurchase plan to be executed within the next 12 months.
Strong E-commerce Growth
E-commerce GMV increased by 139% year-over-year during the June 18 shopping festival, with the business on a rapid expansion path.
Improved Risk Management
Risk indicators showed improvement; first payment default declined by about 5%, day 1 delinquency ratio decreased by about 2%, and 90-days delinquency ratio decreased by 6% quarter-over-quarter.
Robust Revenue Growth
Revenue increased by 16% to RMB 3.6 billion quarter-over-quarter, with tech empowerment service income increasing by 33%.
AI Integration Success
AI models applied in multiple business scenarios improved post-loan collection rates and operational efficiency, with 50 AI agent roles enhancing operational strategy generation and credit strategy review.