Core Viewpoint - Qifu Technology demonstrates strong resilience and risk management capabilities in a complex macroeconomic environment, achieving significant growth in user base and financial performance [1][2][3] Financial Performance - In Q2 2025, Qifu Technology reported revenue of RMB 52 billion, a quarter-on-quarter increase of 11.2% and a year-on-year increase of 25.4% [2][3] - The non-GAAP net profit for the same quarter was RMB 18.5 billion, with operating cash flow reaching approximately RMB 26.2 billion [2][3] - The company achieved a record high in ABS issuance, with a further decrease in comprehensive funding costs quarter-on-quarter [2] User Growth and Engagement - As of June 30, 2025, Qifu Technology served 165 financial institutions, with a registered user base of 276 million, reflecting a year-on-year growth of 11.4% [1] - The number of cumulative credit users increased to 60.2 million, up 12.3% year-on-year, while borrowing users reached 36.8 million, a 14.9% increase [1] - In Q2, the platform facilitated loans totaling RMB 84.6 billion, a year-on-year growth of 16%, with a loan balance of RMB 140.1 billion at the end of the quarter [1] Strategic Initiatives - The company has expanded its customer acquisition channels through embedded finance, linking with various internet scenarios such as short videos, e-commerce, travel, and food delivery [1] - Over half of the new credit users in the quarter came from embedded finance partners, with new credit user numbers increasing by 40% year-on-year [1] - The company plans to continue investing in AI applications within its credit service chain to enhance service quality and efficiency [2]
奇富科技(03660)2025年二季度财报：营收52亿元，环比增长11.2%