Core Insights - Q3 2025 financial report shows revenue of RMB 5.21 billion, a year-on-year increase of 19.1% but a quarter-on-quarter decrease of 0.2% [1] - Non-GAAP net profit for the quarter is RMB 1.51 billion [1] - As of September 30, 2025, the platform has served 167 financial institutions and has 284 million registered users, a year-on-year growth of 11.6% [1] User Metrics - Cumulative credit users reached 62.1 million, up 12.6% year-on-year [1] - Cumulative borrowing users reached 38.1 million, an increase of 15.1% year-on-year [1] - In Q3, the platform facilitated loans totaling RMB 83.3 billion, a year-on-year growth of 1.0% [1] Customer Acquisition and Operations - The platform added 1.95 million credit users in Q3, a quarter-on-quarter increase of 9% [1] - The platform added 1.35 million borrowing users in Q3, a quarter-on-quarter increase of 10% [1] - The company has diversified its customer acquisition channels, covering various scenarios such as short videos, e-commerce, travel, takeout, and finance [1] AI Technology and Business Growth - The AI technology-driven fintech output business showed a strong growth momentum, with a quarter-on-quarter growth rate of 218% in Q3 [1] Management Insights - The CEO indicated that despite tightening industry liquidity, the company's overall funding costs remain at historical lows [2] - The company is continuously adjusting its business structure to optimize operations in response to industry changes [2] - The CEO emphasized that rapid industry changes present opportunities for operational optimization and resource allocation, aiding long-term growth [2]
奇富科技：三季度营收52.1亿元，环比基本持平