SHENZHEN, China, March 21, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company"), a leading online personal finance company in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, before the open of U.S. markets on Wednesday, March 27, 2024. X Financial's management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on Wednesday, March 27, 2024 (7:00 PM Beijing / Hong Kong Time on the same day) ...

X Financial (NYSE:XYF) Q3 2023 Results Conference Call November 22, 2023 9:00 PM ET Company Participants Victoria Yu - Investor Relations Kan Li - President, Chief Risk Officer & Director Frank Fuya Zheng - Chief Financial Officer Operator Hello, and welcome to the X Financial Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. After today’s presentation, there will be an opportunity to ask questions. Please note that this event is being recorded. Now I'd like to tur ...

X Financial (NYSE:XYF) Q2 2023 Results Conference Call August 29, 2023 7:00 AM ET Company Participants Victoria Yu - Investor Relations Kan Li - President, Chief Risk Officer & Director Fuya Zheng - Chief Financial Officer Operator Hello, and welcome to the X Financial Second Quarter 2023 Earnings Conference Call. All participants are in a listen-only mode. [Operator Instruction]After today’s presentation there will opportunity to ask questions. [Operator Instructions] Please note this event is being record ...

[Second Quarter 2023 Operational Highlights](index=1&type=section&id=Second%20Quarter%202023%20Operational%20Highlights) This chapter presents key operational metrics for Q2 2023, including loan facilitation, active borrowers, and outstanding loan balances, showing significant year-over-year growth Operational Metrics | Metric | Three Months Ended June 30, 2022 | Three Months Ended March 31, 2023 | Three Months Ended June 30, 2023 | QoQ Change | YoY Change | | :------------------------------------------ | :------------------------------- | :------------------------------ | :------------------------------- | :--------- | :--------- | | Total loan amount facilitated and originated (RMB million) | 16,879 | 24,088 | 25,874 | 7.4% | 53.3% | | Number of active borrowers | 1,140,249 | 1,523,738 | 1,474,930 | (3.2)% | 29.4% | Outstanding Loan Balance and Delinquency Rates | Metric | As of June 30, 2022 | As of March 31, 2023 | As of June 30, 2023 | | :--------------------------------------------------- | :------------------ | :------------------- | :------------------ | | Total outstanding loan balance (RMB million) | 29,075 | 41,531 | 45,071 | | Delinquency rates for all outstanding loans that are past due for 31-60 days | 0.93% | 1.05% | 0.96% | | Delinquency rates for all outstanding loans that are past due for 91-180 days | 3.07% | 2.40% | 2.50% | - The total loan amount facilitated and originated in Q2 2023 was **RMB25,874 million**, an increase of **53.3% YoY**[2](index=2&type=chunk) - The total outstanding loan balance as of June 30, 2023, was **RMB45,071 million**, compared to **RMB29,075 million** as of June 30, 2022[3](index=3&type=chunk) [Second Quarter 2023 Financial Highlights](index=2&type=section&id=Second%20Quarter%202023%20Financial%20Highlights) This chapter summarizes the company's financial performance in Q2 2023, highlighting substantial increases in total net revenue, operating income, and net income Key Financial Metrics | Metric (RMB thousand) | Three Months Ended June 30, 2022 | Three Months Ended March 31, 2023 | Three Months Ended June 30, 2023 | QoQ Change | YoY Change | | :------------------------------------------ | :------------------------------- | :------------------------------ | :------------------------------- | :--------- | :--------- | | Total net revenue | 824,338 | 1,004,934 | 1,220,422 | 21.4% | 48.0% | | Total operating costs and expenses | (630,515) | (700,897) | (775,713) | 10.7% | 23.0% | | Income from operations | 193,823 | 304,037 | 444,709 | 46.3% | 129.4% | | Net income | 185,700 | 284,346 | 366,292 | 28.8% | 97.2% | | Non-GAAP adjusted net income | 210,688 | 306,525 | 364,885 | 19.0% | 73.2% | | Net income per ADS—basic | 3.36 | 5.94 | 7.62 | 28.3% | 126.8% | | Net income per ADS—diluted | 3.30 | 5.82 | 7.50 | 28.9% | 127.3% | | Non-GAAP adjusted net income per ADS—basic | 3.78 | 6.36 | 7.62 | 19.8% | 101.6% | | Non-GAAP adjusted net income per ADS—diluted | 3.72 | 6.24 | 7.44 | 19.2% | 100.0% | - Total net revenue in Q2 2023 was **RMB1,220.4 million (US$168.3 million)**, an increase of **48.0%** from RMB824.3 million in the same period of 2022[6](index=6&type=chunk) - Net income in Q2 2023 was **RMB366.3 million (US$50.5 million)**, compared with RMB185.7 million in the same period of 2022, representing a **97.2% YoY increase**[6](index=6&type=chunk) [Management Commentary](index=2&type=section&id=Management%20Commentary) Management provides insights into the company's strong Q2 2023 operational and financial performance, strategic achievements, and future outlook [CEO's Remarks](index=2&type=section&id=CEO's%20Remarks) CEO Justin Tang highlighted the company's outstanding Q2 2023 operational and financial performance, with significant year-over-year growth in loan facilitation, revenue, and net income per ADS for the first half of the year. He attributed this success to a proven business model, consistent asset quality, optimized operational efficiency, and shareholder reward programs, also noting a stabilizing regulatory environment - Total loan facilitation and origination amount reached nearly **RMB50 billion** in the first half of 2023, an increase of over **55% year-over-year**[7](index=7&type=chunk) - Top line improved by **30%** and bottom line nearly **doubled** in the first half of the year, driven by a proven business model, consistent asset quality, and optimized operational efficiency[7](index=7&type=chunk) - Net income per basic ADS for the first half of the year grew more than **130% year-over-year**, supported by robust profitability and the share repurchase program[7](index=7&type=chunk) - The market anticipates a more **stable regulatory environment** as industry-wide rectification is expected to conclude, with financial regulatory authorities shifting focus to regular supervision[9](index=9&type=chunk) [President's Remarks](index=3&type=section&id=President's%20Remarks) President Kent Li reported a 53% YoY and 7% QoQ increase in total loan amount facilitated and originated to RMB26 billion in Q2 2023, with the total outstanding loan balance reaching RMB45 billion. He emphasized the company's strengthened risk management system, stable delinquency rates (0.96% for 31-60 days, 2.50% for 91-180 days), and strong recognition from institutional funding partners - Total loan amount facilitated and originated increased by **53% year-over-year** and **7% quarter-over-quarter** to **RMB26 billion** in Q2 2023[9](index=9&type=chunk) - Total outstanding loan balance reached **RMB45 billion** at the end of June 2023[9](index=9&type=chunk) - Delinquency rate for all outstanding loans past due for 31-60 days remained stable at **0.96%**, and for 91-180 days was **2.50%**, a significant improvement from a year ago[9](index=9&type=chunk) - The company's consistently **high-quality risk control** and **stable prime borrower base** are well received and recognized by institutional funding partners[9](index=9&type=chunk) [CFO's Remarks](index=3&type=section&id=CFO's%20Remarks) CFO Frank Fuya Zheng highlighted strong Q2 2023 financial results, with total net revenue increasing by 48% YoY and 21% QoQ to RMB1,220 million. He attributed the 97% YoY and 29% QoQ surge in net income to effective cost control and improved operational efficiency. The CFO also noted a 127% increase in net income per basic ADS and announced a special dividend of $0.17 per ADS, anticipating steady growth in the second half of the year due to a stabilized regulatory environment - Total net revenue increased by **48% year-over-year** and **21% quarter-over-quarter** to **RMB1,220 million**[9](index=9&type=chunk) - Net income for Q2 2023 surged by **97% year-over-year** and **29% quarter-over-quarter**[9](index=9&type=chunk) - Net income per basic ADS rose by **127%** from RMB3.36 in Q2 2022 to **RMB7.62** in Q2 2023[9](index=9&type=chunk) - The board of directors approved a special dividend of **$0.17 per ADS**, expected to be paid in October 2023[9](index=9&type=chunk) - Given the stabilized regulatory environment, the company expects to achieve **steady growth** in both operational and financial performance in the second half of the year[9](index=9&type=chunk) [Second Quarter 2023 Financial Results (Detailed)](index=3&type=section&id=Second%20Quarter%202023%20Financial%20Results) This chapter provides a detailed breakdown of the company's Q2 2023 financial performance, including revenue streams, operating costs, and profitability metrics [Total Net Revenue Analysis](index=3&type=section&id=Total%20Net%20Revenue%20Analysis) Total net revenue for Q2 2023 increased by 48.0% year-over-year to RMB1,220.4 million, primarily driven by an increase in total loan amount facilitated and originated. All revenue streams showed growth, with 'Other revenue' experiencing the highest percentage increase at 151.7%, followed by 'Post-origination service fees' at 70.5% - Total net revenue in Q2 2023 increased by **48.0%** to **RMB1,220.4 million (US$168.3 million)** from RMB824.3 million in the same period of 2022, primarily due to an increase in the total loan amount facilitated and originated[10](index=10&type=chunk) Revenue Breakdown | Revenue Type | 2022 (RMB thousand) | % of Revenue (2022) | 2023 (RMB thousand) | % of Revenue (2023) | YoY Change | | :-------------------------- | :---------------------- | :------------------ | :---------------------- | :------------------ | :--------- | | Loan facilitation service | 471,531 | 57.2% | 715,503 | 58.6% | 51.7% | | Post-origination service | 82,304 | 10.0% | 140,317 | 11.5% | 70.5% | | Financing income | 234,756 | 28.5% | 274,639 | 22.5% | 17.0% | | Other revenue | 35,747 | 4.3% | 89,963 | 7.4% | 151.7% | | **Total net revenue** | **824,338** | **100.0%** | **1,220,422** | **100.0%** | **48.0%** | - Other revenue increased by **151.7%** to **RMB90.0 million**, primarily due to an increase in referral service fees for introducing borrowers to other platforms[13](index=13&type=chunk) [Operating Costs and Expenses Analysis](index=4&type=section&id=Operating%20Costs%20and%20Expenses%20Analysis) Operating costs and expenses increased by 23.0% year-over-year to RMB775.7 million in Q2 2023. This rise was mainly driven by a 25.6% increase in origination and servicing expenses due to higher commission fees and interest expenses, as well as a 72.0% increase in provision for loans receivable reflecting a larger loan portfolio - Total operating costs and expenses in Q2 2023 were **RMB775.7 million**, representing a **23.0% increase** from RMB630.5 million in the same period of 2022[6](index=6&type=chunk) - Origination and servicing expenses increased by **25.6%** to **RMB669.7 million**, primarily due to increased commission fees from higher loan amounts and increased interest expenses payable to institutional funding partners[14](index=14&type=chunk) - Provision for loans receivable was **RMB55.4 million**, compared with RMB32.2 million in Q2 2022, primarily due to an increase in loans receivable held by the Company[14](index=14&type=chunk) [Profitability and Earnings Per Share](index=4&type=section&id=Profitability%20and%20Earnings%20Per%20Share) X Financial demonstrated strong profitability in Q2 2023, with income from operations surging by 129.4% YoY to RMB444.7 million and net income increasing by 97.2% YoY to RMB366.3 million. Both GAAP and Non-GAAP earnings per ADS showed significant growth. The company's cash and cash equivalents also saw a substantial increase - Income from operations in Q2 2023 was **RMB444.7 million (US$61.3 million)**, compared with RMB193.8 million in the same period of 2022, a **129.4% increase**[6](index=6&type=chunk)[15](index=15&type=chunk) - Net income in Q2 2023 was **RMB366.3 million (US$50.5 million)**, compared with RMB185.7 million in the same period of 2022, a **97.2% increase**[6](index=6&type=chunk)[15](index=15&type=chunk) - Net income per basic and diluted ADS in Q2 2023 was **RMB7.62 (US$1.05)** and **RMB7.50 (US$1.03)**, respectively, showing significant year-over-year growth[6](index=6&type=chunk)[15](index=15&type=chunk) - Cash and cash equivalents was **RMB1,320.4 million (US$182.1 million)** as of June 30, 2023, compared with RMB921.2 million as of March 31, 2023[17](index=17&type=chunk) [Recent Development](index=5&type=section&id=Recent%20Development) This chapter outlines recent corporate actions, including share repurchase activities and the declaration of a special dividend, reflecting the company's commitment to shareholder returns [Share Repurchase Plan](index=5&type=section&id=Share%20Repurchase%20Plan) In Q2 2023, X Financial repurchased 405,845 ADSs for US$1.58 million. The company's board of directors extended the existing US$30 million share repurchase program for an additional twelve months, until the end of September 2024, with approximately US$7.3 million remaining under the plan - In Q2 2023, the Company repurchased an aggregate of **405,845 ADSs** for a total consideration of **US$1.58 million**[18](index=18&type=chunk) - The board authorized to increase its share repurchase program to **US$30 million** from US$20 million, effective through September 2023, with approximately **US$7.3 million remaining**[18](index=18&type=chunk) - On August 28, 2023, the Board approved the **extension** of the Company's existing share repurchase program for an additional twelve months, until the end of September 2024[18](index=18&type=chunk) [Declaration of Special Dividend](index=5&type=section&id=Declaration%20of%20Special%20Dividend) X Financial's board of directors approved a special dividend of US$0.17 per ADS (approximately US$0.028 per ordinary share). The dividend is scheduled to be paid on or about October 18, 2023, to shareholders of record as of September 19, 2023 - The Company's board of directors has approved the declaration and payment of a special dividend of **US$0.17 per ADS** (approximately **US$0.028 per ordinary share**)[19](index=19&type=chunk) - The Special Dividend will be paid on or about **October 18, 2023**[19](index=19&type=chunk) - The record date for determination of entitlements to the Special Dividend is **September 19, 2023**[19](index=19&type=chunk) [Business Outlook](index=5&type=section&id=Business%20Outlook) This chapter provides the company's financial guidance for Q3 2023 and the full year 2023, projecting future loan facilitation and origination amounts - The Company expects the total loan amount facilitated and originated for Q3 2023 to be between **RMB28.5 billion and RMB29.5 billion**[20](index=20&type=chunk) - The total loan amount facilitated and originated for the full year 2023 is expected to be between **RMB105 billion and RMB110 billion**[20](index=20&type=chunk) - This forecast reflects the Company's current and preliminary views, which are subject to changes[20](index=20&type=chunk) [Conference Call Information](index=5&type=section&id=Conference%20Call) This chapter provides details for the Q2 2023 earnings conference call, including date, time, dial-in numbers, and webcast access - X Financial's management team will host an earnings conference call at **7:00 AM U.S. Eastern Time on August 29, 2023** (7:00 PM Beijing / Hong Kong Time on the same day)[21](index=21&type=chunk) - Dial-in details include numbers for United States (1-888-346-8982), Hong Kong (852-301-84992), Mainland China (4001-201203), and International (1-412-902-4272), with Passcode: X Financial[23](index=23&type=chunk) - A live and archived webcast of the conference call will be available at http://ir.xiaoyinggroup.com[24](index=24&type=chunk) [About X Financial](index=6&type=section&id=About%20X%20Financial) This chapter introduces X Financial as a leading online personal finance company in China, connecting borrowers with institutional funding partners using big data and risk assessment technology - X Financial (NYSE: XYF) is a **leading online personal finance company in China**[25](index=25&type=chunk) - The Company connects borrowers on its platform with **institutional funding partners**[25](index=25&type=chunk) - It utilizes proprietary **big data-driven technology** and a risk assessment and control system to facilitate and originate loans to prime borrowers[25](index=25&type=chunk) [Use of Non-GAAP Financial Measures Statement](index=6&type=section&id=Use%20of%20Non-GAAP%20Financial%20Measures%20Statement) This chapter explains the company's use of non-GAAP financial measures for performance assessment, detailing exclusions and acknowledging their limitations compared to U.S. GAAP - Non-GAAP financial measures (adjusted net income, adjusted net income per basic ADS, and adjusted net income per diluted ADS) are used to **review and assess operating performance** and formulate business plans[26](index=26&type=chunk)[27](index=27&type=chunk) - These non-GAAP measures exclude share-based compensation expense, impairment losses on financial investments, income (loss) from financial investments, and impairment losses on long-term investments[27](index=27&type=chunk) - Non-GAAP financial measures have **limitations as analytical tools** and should not be considered in isolation or as a substitute for U.S. GAAP financial information[27](index=27&type=chunk) [Supplementary Information](index=7&type=section&id=Supplementary%20Information) This chapter provides additional context, including exchange rate information, a safe harbor statement, and a disclaimer regarding financial projections [Exchange Rate Information](index=7&type=section&id=Exchange%20Rate%20Information) The report translates certain RMB amounts into U.S. dollars using an exchange rate of RMB 7.2513 to US$1.00, based on the H.10 statistical release of the Federal Reserve System as of June 30, 2023 - All translations from RMB to U.S. dollars are made at a rate of **RMB 7.2513 to US$1.00**[30](index=30&type=chunk) - The exchange rate is set forth in the **H.10 statistical release** of the Board of Governors of the Federal Reserve System as of June 30, 2023[30](index=30&type=chunk) [Disclaimer (Safe Harbor Statement)](index=7&type=section&id=Disclaimer%20(Safe%20Harbor%20Statement)) This section contains a safe harbor statement indicating that the announcement includes forward-looking statements, which are subject to various factors, risks, and uncertainties that could cause actual results to differ materially. The company does not commit to updating this information unless required by applicable law - The announcement contains **forward-looking statements** made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995[31](index=31&type=chunk) - These statements involve factors, risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements[31](index=31&type=chunk) - The Company does not undertake any obligation to update such information, except as required under applicable law[31](index=31&type=chunk) [Use of Projections](index=8&type=section&id=Use%20of%20Projections) The financial forecasts (guidance) in this announcement are unaudited and have not been reviewed by independent auditors. They are inherently uncertain and subject to significant business, economic, and competitive risks, and therefore should not be relied upon as indicative of future results, as actual outcomes may differ materially - The financial forecasts (guidance) in this announcement are **unaudited** and have not been reviewed, compiled, or performed any procedures by the Company's independent auditors[33](index=33&type=chunk) - The assumptions and estimates underlying the prospective financial information are **inherently uncertain** and subject to a wide variety of significant business, economic, and competitive risks and uncertainties[33](index=33&type=chunk) - This guidance should **not be relied upon** as being necessarily indicative of future results, and actual results may differ materially[33](index=33&type=chunk) [Contact Information](index=8&type=section&id=Contact%20Information) Contact details for X Financial's investor relations are provided, including email for Mr. Frank Fuya Zheng and contact information for Christensen IR representatives in China and the US - X Financial contact: **Mr. Frank Fuya Zheng, E-mail: ir@xiaoying.com**[34](index=34&type=chunk) - Christensen IR in China: **Mr. Eric Yuan, Phone: +86-10-5900-1548, E-mail: eric.yuan@christensencomms.com**[34](index=34&type=chunk) - Christensen IR in US: **Ms. Linda Bergkamp, Phone: +1-480-614-3004, Email: linda.bergkamp@christensencomms.com**[34](index=34&type=chunk) [Unaudited Condensed Consolidated Financial Statements](index=9&type=section&id=Unaudited%20Condensed%20Consolidated%20Financial%20Statements) This chapter presents the unaudited condensed consolidated financial statements, including balance sheets and statements of comprehensive income, for the second quarter of 2023 [Unaudited Condensed Consolidated Balance Sheets](index=9&type=section&id=Unaudited%20Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2023, X Financial's total assets increased to RMB10,417,007 thousand from RMB8,837,663 thousand at December 31, 2022, driven by significant increases in cash and cash equivalents, restricted cash, and loans receivable. Total liabilities also rose to RMB5,039,843 thousand, primarily due to higher payables to institutional funding partners and short-term borrowings Condensed Consolidated Balance Sheets | Item (In thousands) | As of December 31, 2022 (RMB thousand) | As of June 30, 2023 (RMB thousand) | As of June 30, 2023 (USD thousand) | | :--------------------------------------------------- | :---------------------------- | :-------------------------- | :------------------------ | | **ASSETS** | | | | | Cash and cash equivalents | 602,271 | 1,320,414 | 182,093 | | Restricted cash | 404,689 | 594,739 | 82,018 | | Accounts receivable and contract assets, net | 1,161,912 | 1,493,595 | 205,976 | | Loans receivable from Xiaoying Credit Loans and other loans, net | 3,810,393 | 4,302,970 | 593,407 | | Total Assets | 8,837,663 | 10,417,007 | 1,436,570 | | **LIABILITIES** | | | | | Payable to investors and institutional funding partners at amortized cost | 2,627,910 | 3,034,343 | 418,455 | | Short-term borrowings | 70,209 | 662,709 | 91,392 | | Total Liabilities | 4,084,409 | 5,039,843 | 695,025 | | **EQUITY** | | | | | Total X Financial shareholders' equity | 4,753,254 | 5,377,164 | 741,545 | [Unaudited Condensed Consolidated Statements of Comprehensive Income](index=10&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income) For Q2 2023, X Financial reported a total net revenue of RMB1,220,422 thousand, a 48.0% increase year-over-year. Net income surged by 97.2% to RMB366,292 thousand, and comprehensive income attributable to X Financial shareholders grew by 77.8% to RMB393,518 thousand, reflecting strong operational performance and enhanced profitability Condensed Consolidated Statements of Comprehensive Income | Item (In thousands) | Three Months Ended June 30, 2022 (RMB thousand) | Three Months Ended June 30, 2023 (RMB thousand) | Three Months Ended June 30, 2023 (USD thousand) | | :--------------------------------------------------- | :------------------------------------- | :------------------------------------- | :------------------------------------- | | Total net revenue | 824,338 | 1,220,422 | 168,303 | | Operating costs and expenses | 630,515 | 775,713 | 106,976 | | Income from operations | 193,823 | 444,709 | 61,327 | | Income before income taxes and gain from equity in affiliates | 220,205 | 443,899 | 61,216 | | Net income | 185,700 | 366,292 | 50,513 | | Comprehensive income attributable to X Financial shareholders | 221,359 | 393,518 | 54,268 | | Net income per ADS—basic | 3.36 | 7.62 | 1.05 | | Net income per ADS—diluted | 3.30 | 7.50 | 1.03 | [Unaudited Reconciliations of GAAP and Non-GAAP Results](index=12&type=section&id=Unaudited%20Reconciliations%20of%20GAAP%20and%20Non-GAAP%20Results) The reconciliation of GAAP to Non-GAAP results for Q2 2023 shows that adjusted net income was RMB364,885 thousand, a 73.2% year-over-year increase. This adjustment primarily accounts for income/loss from financial investments and share-based compensation expenses, resulting in a Non-GAAP adjusted net income per basic ADS of RMB7.62 Reconciliations of GAAP and Non-GAAP Results | Item (In thousands) | Three Months Ended June 30, 2022 (RMB thousand) | Three Months Ended June 30, 2023 (RMB thousand) | Three Months Ended June 30, 2023 (USD thousand) | | :--------------------------------------------------- | :------------------------------------- | :------------------------------------- | :------------------------------------- | | GAAP net income | 185,700 | 366,292 | 50,513 | | Less: Income (loss) from financial investments (net of tax of nil) | (9,626) | 12,093 | 1,668 | | Add: Share-based compensation expenses (net of tax of nil) | 15,362 | 10,686 | 1,474 | | **Non-GAAP adjusted net income** | **210,688** | **364,885** | **50,319** | | Non-GAAP adjusted net income per share—basic | 0.63 | 1.27 | 0.18 | | Non-GAAP adjusted net income per share—diluted | 0.62 | 1.24 | 0.17 | | Non-GAAP adjusted net income per ADS—basic | 3.78 | 7.62 | 1.05 | | Non-GAAP adjusted net income per ADS—diluted | 3.72 | 7.44 | 1.03 |

X Financial (NYSE:XYF) Q1 2023 Earnings Conference Call May 25, 2023 7:00 AM ET Company Participants Victoria Yu - IR Kan Li - President Frank Fuya Zheng - Chief Financial Officer Conference Call Participants Operator Hello, and welcome to the X Financial First Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (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, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

X Financial (NYSE:XYF) Q4 2022 Results Conference Call March 31, 2023 7:00 AM ET Company Participants Kan Li - President Frank Fuya Zheng - Chief Financial Officer Conference Call Participants Mason Bourne - AWH Capital Operator Good day, and welcome to the X Financial Fourth Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Victoria Yu. Please go ahead. Unid ...

X Financial (NYSE:XYF) Q3 2022 Results Conference Call November 17, 2022 7:00 AM ET Company Participants Tanya Wen - Investor Relations Kan Li - President Frank Fuya Zheng - Chief Financial Officer Conference Call Participants Operator Hello, and welcome to the X Financial Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Victoria Yu. Please go ahead. U ...

X Financial (NYSE:XYF) Q2 2022 Earnings Conference Call August 9, 2022 7:00 AM ET Company Participants Tanya Wen - Investor Relations Kan Li - President Frank Fuya Zheng - Chief Financial Officer Conference Call Participants Mason Bourne - AWH Capital Operator Hello and welcome to the X Financial Second Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode. After today’s presentation there will be an opportunity to ask question. Note, this event is being recorded. I would now ...