Core Viewpoint - The article discusses the recent investment activities of Qifu Life Services, highlighting its strategic move to invest in precious metals amid a significant drop in their prices, positioning it as a potential value storage and risk diversification tool in the current economic climate [1][2]. Group 1: Investment Activities - On March 23, Qifu Life Services announced a second investment in silver, spending approximately HKD 43.2 million (around RMB 38 million) to acquire about 80,300 ounces of allocated silver bars, funded by proceeds from previously sold gold and internal resources [1]. - The company began its silver investment journey in February 2020, accumulating a total of 800,000 ounces at a cost of approximately RMB 102.5 million. In 2022, it sold 500,000 ounces for about RMB 79 million, realizing its first significant profit [2]. - After clearing its silver holdings in January 2026 for approximately RMB 388 million, yielding a profit of about RMB 247 million, Qifu Life Services shifted its focus to gold investments, purchasing allocated silver bars again between February and March 2026 [4]. Group 2: Financial Performance - In the first half of 2025, Qifu Life Services reported revenue of RMB 161 million, a year-on-year decline of 11.56%, while its net profit attributable to shareholders was RMB 75 million, an increase of 41.57% [2]. - The profits from the silver liquidation significantly contributed to the company's net profit, raising questions about its primary business focus between property management and asset management [2].

Group 1 - The company, Qifu Life Services (03686), announced a transaction involving the purchase of approximately 150,000 ounces of allocated silver bars, with a total consideration of approximately HKD 98.1 million (RMB 87.1 million) [1] - The transaction is expected to be completed on February 13, 2026, with the payment to be made in cash at the time of settlement [1] - The directive for the purchase was executed on February 11, 2026, utilizing proceeds from a partial silver sale [1]

Core Viewpoint - The company, Qifu Life Services (03686), announced a transaction involving the purchase of approximately 150,000 ounces of allocated silver bars, with a total consideration of approximately HKD 98.1 million (RMB 87.1 million) [1] Group 1 - The transaction is set to be executed on February 11, 2026, with the silver investment expected to be completed by February 13, 2026 [1] - The payment for the transaction will be made in cash at the time of settlement [1]