Core Insights - Qifu Technology reported its Q2 2025 financial results, showing significant growth in user metrics and financial performance [1] User Metrics - As of June 30, 2025, Qifu Technology has served a total of 165 financial institutions, with registered users reaching 276 million, a year-on-year increase of 11.4% [1] - The number of cumulative credit users increased to 60.2 million, reflecting a year-on-year growth of 12.3% [1] - Cumulative borrowing users reached 36.8 million, marking a year-on-year increase of 14.9% [1] - In Q2, the platform facilitated loans amounting to 84.6 billion RMB, a year-on-year growth of 16% [1] - The outstanding loan balance at the end of the quarter was 140.1 billion RMB [1] - The number of new credit users added in Q2 was 1.79 million, a year-on-year increase of 40% [1] - The number of new borrowing users added was 1.23 million, showing a year-on-year growth of approximately 60% [1] - New credit users from embedded finance channels grew by 103% year-on-year, with loan amounts increasing by approximately 155% [1] Financial Performance - Qifu Technology's revenue for Q2 reached 5.2 billion RMB, reflecting a quarter-on-quarter increase of 11.2% and a year-on-year increase of 25.4% [1] - The non-GAAP net profit for the quarter was 1.85 billion RMB [1] Management Commentary - The CEO of Qifu Technology indicated that the heightened international trade tensions have increased economic uncertainty, prompting the company to tighten risk control standards [1] - The company plans to maintain a cautious approach in its business strategy for the second half of the year, focusing on enhancing the quality and sustainability of its operations [1]
奇富科技：二季度营收达52亿元