Core Insights - Le Xin Group demonstrated strong performance in the first half of 2025, with Non-GAAP EBIT profit reaching 580 million yuan in Q1, the highest in 13 quarters, and Q2 revenue of 3.59 billion yuan, a quarter-on-quarter increase of 15.6% [1] - The company plans to increase its dividend payout ratio from 25% to 30% in the second half of the year, reflecting confidence in long-term growth [1] - AI technology is reshaping operational barriers, with significant advancements in intelligent applications, including a 30% year-on-year reduction in overall fraud occurrence due to AI-driven fraud prevention models [1][2] Financial Performance - In Q2, Le Xin Group achieved a Non-GAAP EBIT profit of 670 million yuan, representing a year-on-year increase of 116.4% [1] - The company plans to distribute a dividend of $0.13 per ADS in Q2, an 18.2% increase from the previous quarter [1] Technological Advancements - R&D investment in Q1 was 156 million yuan, a year-on-year increase of 15.3%, with total R&D expenditure exceeding 300 million yuan in the first half of the year, particularly in AI [1] - The collaboration with DeepSeek on the "Singularity" model has significantly improved operational efficiency in key areas such as telemarketing and collections [2] Ecosystem Development - The company is enhancing its supply chain through the "Installment Mall," which saw a 139% year-on-year increase in GMV during the "6.18" promotion [3] - The "Believe in Small Dreams" initiative has connected loan amounts exceeding 9 billion yuan across 30 provinces, with over 68% of loans directed to lower-tier regions [3] Consumer Protection and Compliance - Le Xin upgraded its "Predictive" consumer protection system, achieving a service response rate of 99.2% and effectively controlling fund loss rates [4] - The company has implemented a privacy compliance automation inspection system, ensuring 100% coverage of post-loan supervision [4]