Core Insights - FinVolution Group's Indonesian financial application, AdaKami, has secured a strategic funding agreement with PT Super Bank Indonesia, amounting to 500.0 billion Rupiah (approximately US$32.0 million) [2][3] - This funding arrangement signifies AdaKami's successful transition to serving higher-quality borrowers, enhancing its reputation and diversifying funding sources [2][3] - The collaboration with Superbank is part of AdaKami's strategy to promote financial inclusion while expanding its customer base in Indonesia [3] Company Overview - FinVolution Group is a leading fintech platform established in 2007, recognized for connecting young borrowers with financial institutions [4] - The company has over 191.3 million cumulative registered users across China, Indonesia, and the Philippines as of June 30, 2024 [4] - FinVolution specializes in credit risk assessment, fraud detection, big data, and artificial intelligence, providing a highly automated loan transaction process [4] Partner Overview - PT Super Bank Indonesia, formerly PT Bank Fama International, has over 2 million customers as of October 2024 and focuses on digital services [5] - The bank aims to expand credit access for retail customers and MSMEs, leveraging collaborations within a large ecosystem [5] - Superbank is committed to security, evidenced by its ISO 27001 certification, ensuring adherence to international information security standards [5]

FINV.us (信也科技) experienced a notable stock price surge, rising by 5.02%. The stock is currently trading at $6.69 per share with a trading volume of 1.07369 million shares, reflecting a turnover rate of 0.41% and an amplitude of 3.06%.Recent financial reports revealed that the company achieved a revenue of $437 million, a net profit of $76.10 million, and earnings per share (EPS) of $0.29. The price-to-earnings (P/E) ratio stands at 6.03. Among the nine institutions rating the stock, 89% recommend buying, an ...

Group 1 - The core viewpoint is a bullish stance on FinVolution Group (NYSE: FINV) due to its diverse market reach, technological adoption, and risk management strategies, positioning it strategically in the Fintech market [1] Group 2 - The company is recognized for its strong financial modeling and data analysis capabilities, which are essential for providing accurate insights and recommendations [1] - There is a focus on evaluating investment opportunities, assessing risk profiles, and developing strategic financial plans to maximize profitability [1] - The company leverages advanced Excel skills and industry-leading tools to generate comprehensive reports and presentations that offer clear, actionable recommendations [1]

Investment Rating - The report maintains a "Buy" rating for the company with a target price of $6.30, indicating a potential upside of 10.5% from the current price of $5.70 [2][8]. Core Insights - The company's earnings remain stable, with a projected net profit growth of 2.3% year-on-year for 2024. The take rate is expected to improve in the second half of the year [2][3]. - The company has maintained its full-year guidance, anticipating an acceleration in loan facilitation growth in the second half of the year, with a target growth rate of 5-10% for mainland China and 20-40% for international markets [1][2]. - The take rate for mainland China business is currently at 3.1%, showing a slight increase, primarily due to a decrease in funding costs. The average loan pricing remains stable at 22.2% [1][2]. Financial Performance Summary - For Q2 2024, the company reported a net profit of 550 million RMB, a year-on-year decrease of 6.6% but a quarter-on-quarter increase of 4.4%. Net revenue grew by 3.0% year-on-year [1][3]. - The company expects to achieve a net income of 13,019 million RMB in 2024, reflecting a year-on-year growth of 3.8% [3][9]. - The projected net profit for 2024 is 2,394 million RMB, with a year-on-year increase of 2.3% [2][3]. Loan Facilitation and Market Insights - Loan facilitation in Q2 2024 grew by 3.0% year-on-year, with mainland China and international markets growing by 2.0% and 27.8%, respectively [1][5]. - The company has seen improvements in risk indicators, with a 90-day delinquency rate of 2.65%, which is a slight increase but reflects earlier improvements in risk metrics [1][5]. Valuation Metrics - The company is projected to have a price-to-earnings (P/E) ratio of 4.5 in 2024, decreasing to 3.7 by 2026, indicating a potentially attractive valuation [3][9]. - The projected dividend yield for 2024 is 4.4%, increasing to 5.3% by 2026, which enhances shareholder returns [3][9].

Exhibit 99.1 1 FinVolution Group Reports First Quarter 2024 Unaudited Financial Results -First Quarter China Transaction Volume reached RMB46.1 billion, up 10.3% year-over-year- -First Quarter International Transaction Volume reached RMB2.21 billion, up 40.8% year-over-year- -First Quarter International Revenues increased to RMB594.8 million, up 32.9% year-over-year and contributing 18.8% of total net revenues- SHANGHAI, May 15, 2024 /PRNewswire/ – FinVolution Group ("FinVolution" or the "Company") (NYSE: F ...

FinVolution Group (NYSE:FINV) Q2 2024 Earnings Conference Call August 15, 2024 8:30 PM ET Company Participants Jimmy Tan - Head of IR Tiezheng Li - CEO Jiayuan Xu - CFO Conference Call Participants Cindy Wang - China Renaissance Yada Li - CICC Alex Ye - UBS Operator Hello, ladies and gentlemen. Thank you for participating in the Second Quarter 2024 Earnings Conference Call for FinVolution Group. At this time, all participants are in listen-only mode. After managements' prepared remarks, there will be a ques ...

FinVolution Group (NYSE:FINV) Q2 2024 Earnings Conference Call August 15, 2024 8:30 PM ET Company Participants Jimmy Tan - Head of IR Tiezheng Li - CEO Jiayuan Xu - CFO Conference Call Participants Cindy Wang - China Renaissance Yada Li - CICC Alex Ye - UBS Operator Hello, ladies and gentlemen. Thank you for participating in the Second Quarter 2024 Earnings Conference Call for FinVolution Group. At this time, all participants are in listen-only mode. After managements' prepared remarks, there will be a ques ...

-H1 China Transaction Volume reached RMB92.5 billion, up 6.0% year-over-year--H1 International Transaction Volume reached RMB4.5 billion, up 32.4% year-over-year--H1 International Revenues increased to RMB1,157.7 million, up 21.9% year-over-year and contributing 18.3% of total net revenues-SHANGHAI, Aug. 20, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform, today announced its unaudited financial results for the second quarter ended June 30, 20 ...

-Earnings Call Scheduled for 8:30 p.m. ET on August 20, 2024-SHANGHAI, Aug. 6, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its second quarter 2024 unaudited financial results, on Tuesday, August 20, 2024, after the close of U.S. markets.The Company's management will host an earnings conference call at 8:30 PM U.S. Eastern Time on August 20, 2024 (8:30 AM Beijing/Hong Kong Time on August 21, 2024).Dial- ...

SHANGHAI, July 22, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced it has released its 2023 Environmental, Social, and Governance (ESG) report, the Company's sixth consecutive annual ESG report. The report provides a comprehensive overview of FinVolution's ESG priorities and endeavors in 2023, reaffirming the Company's long-standing commitment to sustainability and fulfilling corporate social responsibility with innovative, g ...