SHANGHAI, China, May 30, 2024 (GLOBE NEWSWIRE) -- Jiayin Group Inc. ("Jiayin" or the "Company") (NASDAQ:JFIN), a leading fintech platform in China, today announced that it will release its unaudited financial results for the first quarter of 2024 before the U.S. market opens on Thursday, June 6, 2024. The Company will conduct a conference call to discuss its financial results on Thursday, June 6, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day). What:Jiayin Group First Quar ...

SHANGHAI, China, April 29, 2024 (GLOBE NEWSWIRE) -- Jiayin Group Inc. ("Jiayin" or the "Company") (NASDAQ:JFIN), a leading fintech platform in China, today announced that it has filed its annual report on Form 20-F (the "Annual Report") for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 29, 2024, U.S. Eastern Time. The Annual Report can be accessed on the Company's investor relations website at https://ir.jiayintech.cn/ and on the SEC's website ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 JFIN The Nasdaq Stock Market LLC FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPOR ...

Financial Data and Key Metrics Changes - In Q4 2023, the company's loan facilitation volume was RMB 20.1 billion, an increase of 6.3% year-over-year [9] - The total loan facilitation volume for the full year reached RMB 88.1 billion, an increase of 58.7% compared to 2022, achieving a new historical high [9] - Q4 2023 net revenue was RMB 1.6 billion, an increase of 51.8% year-over-year, while annual net revenue reached RMB 5.47 billion, an increase of 67.1% year-over-year [9] - The company's net income for Q4 2023 was RMB 367.6 million, a decrease of 31.1% from RMB 533.7 million in the same period of 2022 [23] Business Line Data and Key Metrics Changes - Facilitation and servicing expenses were RMB 857.2 million, representing an increase of 329.1% from the same period of 2022, primarily due to increased loan facilitation volume [22] - Sales and marketing expenses decreased by 11.9% to RMB 329.5 million compared to the same period of 2022 [23] - R&D expenses increased by 44.3% to RMB 92.9 million, primarily due to higher employee compensation [23] Market Data and Key Metrics Changes - The balance of various types of RMB loans from financial institutions amounted to RMB 237.59 trillion at the end of 2023, an increase of 10.6% year-over-year [11] - The demand for consumer credit services in the Chinese market remained robust, supported by various government policies aimed at stimulating consumption [10] Company Strategy and Development Direction - The company is focusing on technological innovation and risk management as core competencies, aiming to enhance market share and operational precision [8] - A strategic shift towards technology was marked by the company's name change to Jiayin Technology, emphasizing the application of AI in business operations [12] - The company aims to maintain a focus on technological innovation and expand its business scale while managing risks effectively [18] Management's Comments on Operating Environment and Future Outlook - The management highlighted the challenges posed by the macroeconomic environment, including slow economic recovery and geopolitical conflicts [7] - The company is optimistic about future growth, setting a target for total loan facilitation to range from RMB 93 billion to RMB 98 billion for 2024 [18] Other Important Information - The company has distributed two cash dividends totaling US $0.80 per ADS, accounting for 25% of the company's net income after tax for the fiscal year of 2022 [19] - As of now, the company has repurchased its ADS for approximately US $10.6 million, with plans to increase the repurchase limit to US $30 million [20] Q&A Session Summary Question: Measures to keep delinquency rates low - Management acknowledged the increase in delinquency rates and emphasized the implementation of enhanced risk management strategies and borrower experience optimization [25][26] Question: Future dividend policy and payout ratio - Management confirmed the commitment to rewarding shareholders through dividends and share repurchase plans, with a focus on maintaining a sustainable payout ratio [27][28] Question: Adjustments in customer acquisition channels and risk control - Management outlined plans to enhance borrower acquisition strategies, focusing on high-quality assets and improving risk management through data analysis [31][32] Question: Factors behind the decrease in net income and accounts receivable increase - Management explained that the decrease in net income was influenced by a high net margin in Q4 2022 due to a one-time tax benefit, and they will continue to focus on facilitating and risk control services [34][36]

SHANGHAI, China, March 21, 2024 (GLOBE NEWSWIRE) -- Jiayin Group Inc. ("Jiayin" or the "Company") (NASDAQ:JFIN), a leading fintech platform in China, today announced that it will release its unaudited financial results for the fourth quarter and full year 2023 before the U.S. market opens on Thursday, March 28, 2024. The Company will conduct a conference call to discuss its financial results on Thursday, March 28, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day). What:Jiayi ...

为进一步提升公司员工和合作伙伴的合规经营理念和防诈反诈意识，近日嘉银科技(JFIN.US)联合上海市公安局浦东分局塘桥派出所开展“嘉银法治宣传日”合规培训及反诈讲座。本次活动采用线上线下相结合的形式，总部、异地职场相关业务部门及合作方上百名员工参与了此次讲座。 本次活动邀请了两位一线警官分别开展合规普法和反诈知识讲座。活动伊始，主讲警官普及了《中华人民共和国刑法》和《中华人民共和国治安管理处罚法》中的法律常识，重点讲解了公司运营、业务合作中可能涉及的相关法条，同时提醒大家在业务开展过程中要注重信息安全保护。主讲警官在讲座中融入了生动的案例讲解，让法律条款变得通俗易懂，增加了员工们的法律知识储备。最后，主讲警官还提醒大家，做到知法、懂法、守法、用法，学会通过合法途径保护自己和他人的安全。 另一方面，主讲警官也从大量实际案例出发，介绍了“什么是电信网络诈骗”、“常见电信网络诈骗案件的种类及特点”和“如何防范电信网络诈骗”等方面内容，重点介绍了投资理财类，网络交友类，冒充公检法类，冒充熟人、领导身份类诈骗等几种常见电信诈骗和案例，提醒大家诈骗集团作案手法不断翻新，需不断提升反诈意识和识诈能力，保护好个人信息安全，做 ...

科技守护，消保为民。近日，嘉银科技发布2023年消费者权益保护白皮书，从构筑反诈防火墙、提升客服质效、加强外部合作、创新消保宣教等方面，落实消保工作系统化和精细化运营。 科技、温度、创新是嘉银科技2023年消保白皮书的三个关键词。嘉银科技充分发挥数字化科技能力和研发优势，秉持“以客户为中心”的服务理念，创新客服流程，让客户感受到嘉银温度。 科技护航，智慧安全 作为数字科技企业，嘉银科技依托多年的业务积累和深刻洞察，沉淀了强大的智能风控实力和丰富的科技反诈经验，构筑坚实反诈防火墙。数据显示，截至2023年底，嘉银科技反欺诈策略集群，累计识别并拦截高风险惯性欺诈申请41.59万件;阻断黑产恶意攻击进件29.66万件;人工调查处置潜在高风险客户申请超5.2万件，前置性阻断诈骗链条。 近年来，以“非法代理维权”、仿冒平台电信诈骗为代表的黑灰产组织呈现多发趋势。嘉银科技进一步提升风险监控的效率和准确性，成功搭载人工智能技术推出“启鸣星”系统，快速识别风险，有效提升处置效率，实现海量级数据自动分析、自动化预警风险增替和多并发业务场景监控。2023年，“启鸣星”系统增替风险预警等级超110次，累计预警外部风险超47000 ...

近日，位于上海的科技公司嘉银金科(JFIN.US)正式对外宣布，公司品牌名称正式升级为“嘉银科技”，并从2024年起全面聚焦金融科技战略，秉持合规先行理念，帮助金融机构实现数字化、智能化转型。 嘉银科技董事长严定贵表示，金融科技行业转型升级已迈入更深层的阶段，合规先行已成为新一轮行业变革的核心驱动力和企业的核心竞争力，也是行业重构基础设施、服务模式及产业边界的唯一准则。对所有“重合规、重风控”的金融科技公司而言，正迎来更广阔的发展空间。 作为日内瓦大学应用金融专业博士、中欧国际工商学院工商管理硕士，严定贵在从业的三十多年里始终以“知行合一”的辩证思想面对国内外的形势变化，宏观上对互联网科技的形势有着深入的认识，微观上对于服务实体、普惠民生见微知著。 正是得益于丰富的从业经历，严定贵认为在如今日趋成熟的监管环境下，金融科技公司必将回归本源，以科技硬实力、风险管理能力作为自身的核心竞争力。只有那些强调合规先行理念，真正有能力做好风控，并有能力向金融机构输出科技实力的机构，才能够在真实二残酷的市场环境中不断锤炼和验证自身实力。 不难看出，十多年的求学经历磨砺其心智，三十多年的工作生涯则使严定贵深谙市场真正的需求。如 ...

GOCMEN Investment Thesis Jiayin Group Inc. (JFIN) is one of the earliest fintech platforms in China. It has survived several waves of industry reshuffling and consolidation and has been reborn as one of Asia's leading AI-driven fintech platforms. In the dynamic landscape of the Asian fintech sector, Jiayin stands out as a compelling opportunity, especially against the backdrop of the stabilized regulatory environment for Chinese fintech lenders. The company's successful transition from peer-to-peer (P2P) le ...

SHANGHAI, China, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Jiayin Group Inc. ("Jiayin" or the "Company") (NASDAQ:JFIN), a leading fintech platform in China, today announced that its board of directors approved the payment of a cash dividend of US$0.10 per ordinary share, or US$0.40 per American depositary share ("ADS"). The holders of the Company's ordinary shares shown on the Company's record at the close of trading on January 19, 2024 (U.S. Eastern Time) will be entitled to these dividends. These shareholders, in ...