Core Viewpoint - The company has successfully issued $150 million in convertible notes to fund international business expansion, operational capital, and stock buybacks, reflecting strong market confidence in its growth potential [2][3][8]. Group 1: Financial Performance - In Q1, the company reported a revenue of 3.481 billion RMB, with a net profit of 738 million RMB, and a transaction volume of 52.1 billion RMB, showing a year-on-year growth of 7.9% [13]. - The international business revenue grew by 19.5% year-on-year, accounting for 20.4% of the total revenue for the quarter [15]. - The company has served 44,200 domestic micro and small businesses, facilitating a transaction volume of nearly 15 billion RMB, which represents a 15% year-on-year increase [15]. Group 2: Strategic Initiatives - The funds raised from the convertible notes will be allocated 40% towards stock buybacks, which is expected to stabilize the stock price and potentially reduce the share capital by 2.5% [3][18]. - The company aims for international business revenue to reach 25% by 2025 and 50% by 2030, indicating a strong focus on global expansion [16]. Group 3: Market Outlook - The successful issuance of convertible notes at a 2.5% interest rate reflects investor confidence in the company's future growth, especially in the context of the financial technology sector [8][9]. - The company's stock price has shown significant growth, increasing nearly 60% from its January low of $6.17 to $9.8, and 118.3% year-on-year from $4.49 [9].
信也科技完成1.5亿美元可转债发行:筹得资金将用于进一步国际扩张