助贷“六小强”去年营收净利双增！新规剑指乱象，利好消费者

Core Viewpoint - The financial technology companies focused on internet lending are facing challenges due to increasing regulatory scrutiny, with a notable performance disparity among major players in terms of revenue and net profit [1][4]. Group 1: Company Performance - Six major listed financial technology companies reported a total revenue of nearly 62 billion yuan, with all showing an upward trend [2]. - Among these, Qifu Technology, Lexin, and Xinye Technology each exceeded 10 billion yuan in revenue, with Qifu Technology leading at 17.166 billion yuan [2]. - The second tier, including Xiaoying Technology, Yiren Zhike, and Jiayin Technology, had revenues around 5 billion yuan, with Xiaoying Technology at 5.872 billion yuan [2]. - Revenue growth rates varied, with Xiaoying Technology and Yiren Zhike showing double-digit growth at 21.95% and 18.59%, respectively [2]. Group 2: Net Profit Analysis - Qifu Technology achieved a net profit of 6.264 billion yuan, significantly higher than the other five companies, which did not exceed 2.5 billion yuan [3]. - The net profit growth rate showed clear differentiation, with Qifu Technology leading at 46.18%, followed by Xiaoying Technology at 29.77% [3]. - Jiayin Technology and Yiren Zhike experienced declines in net profit, with decreases of 18.64% and 23.94%, respectively [3]. Group 3: Loan Performance - The six companies facilitated nearly 1 trillion yuan in new loans, with Qifu Technology leading at over 320 billion yuan [3]. - The growth rate of new loans for leading companies has slowed, with Qifu Technology and Lexin both experiencing declines of over 12% [3]. Group 4: Regulatory Changes - The National Financial Regulatory Administration issued a notice to strengthen the management of internet lending by commercial banks, effective from October 2025 [5]. - The new regulations aim to address issues such as mismatched responsibilities and unreasonable pricing mechanisms in internet lending [5][6]. - The regulations will likely favor larger platforms with stronger compliance and risk management capabilities, potentially leading to increased market concentration [6][7].