新京报贝壳财经讯（记者陈维城）12月2日，易鑫集团（02858.HK）发布第三季度报告显示，2025年第 三季度，易鑫实现汽车融资交易量（涵盖新车及二手车）23.5万笔，同比增长22.6%，融资交易额达212 亿元。 报告期内，易鑫二手汽车融资额同比增长约51.3%至约121亿元，占汽车融资总额的比例攀升至约 56.9%。二手新能源车融资额达15亿元，占新能源汽车融资总额的22.5%，同比显著提升。 围绕汽车后市场的增值服务同步发力，电池GAP产品在第三季度延续快速增长态势，交易量达2.24万 笔，同比增长约48.8%。 作为易鑫战略核心之一的金融科技（SaaS）业务，在2025年第三季度融资额约114亿元，同比增长约 102%，对公司融资总额的贡献比例更是提升至53.7%。金科业务与二手车业务协同发展，共同成为公司 的增长支柱。 （文章来源：新京报） ...

其中，二手车融资业务成为拉动增长的核心力量。报告期内，易鑫二手汽车融资额同比增长约51.3%至 约121亿元，占汽车融资总额的比例攀升至约56.9%，业务结构持续向高价值领域倾斜。值得关注的 是，公司在新能源细分市场的布局亦成效凸显，二手新能源车融资额达15亿元，占新能源汽车融资总额 的22.5%，较去年同期占比显著提升，成功把握了新能源二手车市场的增长机遇。 亮眼数据背后，是易鑫在二手车领域深耕多年的精细化运营策略持续落地。面对市场变化，公司通过迭 代风险定价体系实现更精确的成本控制，覆盖盈利性更强的二手车产品，既保障了合理回报，也夯实了 业务健康增长的根基。与此同时，围绕汽车后市场的增值服务同步发力，电池GAP产品在第三季度延续 快速增长态势，交易量达2.24万笔，同比增长约48.8%，有效缓解了新能源汽车用户对电池健康与残值 的后顾之忧，强化全生命周期服务生态。 金融科技高增长，合作生态持续扩容 作为易鑫战略核心之一的金融科技（SaaS）业务，在2025年第三季度不仅继续保持高增长，更在业务贡 献度与合作版图上实现突破。期内，该业务促成的融资额约114亿元，同比大幅增长约102%，对公司融 资总额的贡献 ...

期内易鑫整体业务表现更优于市场水平。数据显示，公司第三季度实现汽车融资交易量(涵盖新车及二 手车)23.5万笔，同比增长22.6%，融资总额则攀升至约212亿元，超越行业平均增速。 其中，二手车融资业务成为拉动增长的核心力量。报告期内，易鑫二手汽车融资额同比增长约51.3%至 约121亿元，占汽车融资总额的比例攀升至约56.9%，业务结构持续向高价值领域倾斜。值得关注的 是，公司在新能源细分市场的布局亦成效凸显，二手新能源车融资额达15亿元，占新能源汽车融资总额 的22.5%，较去年同期占比显著提升，成功把握了新能源二手车市场的增长机遇。 亮眼数据背后，是易鑫在二手车领域深耕多年的精细化运营策略持续落地。面对市场变化，公司通过迭 代风险定价体系实现更精确的成本控制，覆盖盈利性更强的二手车产品，既保障了合理回报，也夯实了 业务健康增长的根基。与此同时，围绕汽车后市场的增值服务同步发力，电池GAP产品在第三季度延续 快速增长态势，交易量达2.24万笔，同比增长约48.8%，有效缓解了新能源汽车用户对电池健康与残值 的后顾之忧，强化全生命周期服务生态。 金融科技高增长，合作生态持续扩容 智通财经获悉，12月2日，易 ...

Core Insights - Yixin Group (02858) reported a significant year-on-year increase of approximately 22.6% in total vehicle transactions for Q3 2025, surpassing the market growth rate of around 11.0% for new and used passenger vehicles in China [1] - The total financing amount for Q3 2025 reached approximately RMB 21.2 billion, with used vehicle financing increasing by about 51.3% to approximately RMB 12.1 billion, indicating successful strategies in risk pricing and profitable used vehicle products [1] - The financial technology (SaaS) business also showed robust growth, facilitating financing of approximately RMB 11.4 billion in Q3 2025, a year-on-year increase of about 102.0% [2] Group Performance - The total number of vehicle transactions (including new and used cars) increased to approximately 235,000 in Q3 2025, reflecting a strong performance compared to the previous year [1] - The proportion of used vehicle financing in total automotive financing reached approximately 56.9% in Q3 2025, highlighting the growing importance of this segment [1] - The financing amount for used electric vehicles in Q3 2025 was approximately RMB 1.5 billion, accounting for about 22.5% of the total financing for new energy vehicles [1] Financial Technology Growth - The contribution of the financial technology (SaaS) business to total financing increased to approximately 53.7% in Q3 2025, indicating its growing significance within the company [2] - The company established partnerships with two well-known electric vehicle brands in the Chinese market during Q3 2025, aiming to enhance service offerings to a broader range of automotive manufacturers [2] Artificial Intelligence Strategy - The deployment of the "X Call" product, designed for the early stages of financing, is progressing as planned, expected to enhance efficiency in credit application processes [3] - The anticipated completion of the deployment of "X Call" and other AI products by the end of 2025 is expected to improve online marketing, document processing, and customer management [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 YIXIN GROUP LIMITED 本公告乃根據香港聯合交易所有限公司證券上市規則（「上市規則」）第13.09條以 及證券及期貨條例（香港法例第571章）第XIVA部項下《內幕消息條文》（定義見上 市規則）而刊發。 Yixin Group Limited易鑫集团有限公司（「本公司」，連同其附屬公司及併表聯屬實 體，統稱為「本集團」）董事（「董事」）會（「董事會」）謹此宣佈本集團於截至2025年 9月30日止第三季度（「2025年第三季度」）的若干業務更新及相關未經審核運營資 料（「業務更新」）。 根據中國汽車工業協會及中國汽車流通協會的最新可用數據，2025年第三季度中 國的新乘用車及二手乘用車總銷售量同比增長約11.0%。此外，同期中國新電動 汽車銷售亦展現出持續增長，同比增長約11.8%。 2025年第三季度，本集團實現快速增長。本集團的汽車交易數目（涵蓋新車及二 手車）增加至約235千筆，較2 ...

Core Insights - 易鑫集团 reported strong growth in the first half of 2025, with total revenue, net profit, and financing transaction volume all showing double-digit year-on-year increases, despite a challenging macroeconomic environment [1] - The company's financial technology business has become a major driver of performance, contributing over 40% to total financing [1] Group 1: Financing Transactions and Market Position - In the first half of 2025, 易鑫 achieved a financing transaction volume of 364,000, a year-on-year increase of approximately 11%, with a financing transaction value of 32.7 billion, up about 4% [2] - The second-hand car financing business performed exceptionally well, with transaction volume reaching 222,000, a 45% increase year-on-year, and financing amounting to 18.2 billion, a 31% increase [2][3] - The second-hand car financing business accounted for 61% of the total automotive financing transaction volume [2] Group 2: Revenue and Profit Growth - 易鑫's total revenue for the first half of 2025 increased by 22% to 5.5 billion, while net profit rose by 34% to 549 million, marking a record high for the half-year period [4] - Adjusted net profit was 648 million, reflecting a year-on-year growth of 28% [4] - The company optimized its capital structure, achieving a low priority rate of 2.26% on asset-backed securities issued in June [4] Group 3: Financial Technology Business - The financial technology segment saw a significant revenue increase of 124.5% to 1.9 billion, with financing facilitated through the platform reaching 15.3 billion, a 58.2% increase [5] - Financial technology's contribution to total financing rose to 46.7%, solidifying its role as a key growth engine [5] - The company has established partnerships with over 60 financial institutions and launched six new projects during the reporting period [5] Group 4: Technological Innovation and Future Outlook - The integration of artificial intelligence (AI) into various business areas has significantly enhanced operational efficiency, with over 120 million AI voice calls completed [5] - The company plans to launch a next-generation AI model designed specifically for automotive finance scenarios, addressing industry challenges [6] - 易鑫 anticipates that the "Matthew effect" in the automotive finance industry will deepen, leading to accelerated market share consolidation among leading firms [6]

Core Insights - Easyin Group reported a total revenue of 5.5 billion yuan for the first half of 2025, representing a year-on-year growth of 22% [2] - Adjusted net profit reached 648 million yuan, marking a 28% increase compared to the previous year [2] - The financial technology segment contributed over 40% to the total financing amount, becoming a key driver of performance [2][3] Financial Performance - The company achieved a total automotive financing transaction volume of 364,000 transactions, up 11% year-on-year [2] - The financing transaction amount reached 32.7 billion yuan, reflecting a 4% increase [2] - The second-hand vehicle financing transaction volume was 222,000 transactions, showing a significant growth of 45% [2] - Corresponding financing amount for second-hand vehicles was 18.2 billion yuan, which is a 31% increase [2] Strategic Focus - The financial technology business saw a revenue increase of 124.5% to 1.9 billion yuan in the first half of 2025 [3] - Financing facilitated through the platform amounted to 15.3 billion yuan, a year-on-year growth of 58.2% [3] - The contribution of financial technology to the total financing amount rose to 46.7%, establishing it as the core engine of performance growth [3] Market Context - The total sales volume of passenger vehicles in China, including new and used cars, grew by 8.2% in the first half of the year [2] - Easyin's differentiated competitive strategy has led to a significant increase in user engagement and value conversion capabilities [2]

Group 1 - The core viewpoint of the articles highlights that 易鑫集团 (E-Hi Group) reported a significant increase in revenue and adjusted net profit for the first half of 2025, driven primarily by its financial technology business [1][2] - The total revenue for the first half of 2025 reached 5.5 billion yuan, representing a year-on-year growth of 22%, while the adjusted net profit was 648 million yuan, up 28% year-on-year [1] - The financial technology segment contributed over 40% to the total financing amount, marking it as a key driver of the company's performance [1][2] Group 2 - The total transaction volume for automotive financing reached 364,000 transactions, reflecting an 11% year-on-year increase, with a financing amount of 32.7 billion yuan, which is a 4% increase [1] - The second-hand car financing transactions amounted to 222,000, showing a remarkable growth of 45%, with corresponding financing of 18.2 billion yuan, up 31% [1] - The financial technology business saw a revenue increase of 124.5% to 1.9 billion yuan, with financing facilitated through the platform reaching 15.3 billion yuan, a growth of 58.2% [2]

Core Insights - Yixin Group demonstrated robust growth in the first half of 2025, with total revenue, net profit, and financing transaction volume all showing double-digit year-on-year increases, despite a challenging macroeconomic environment [1] - The company's financial technology business has become a significant driver of performance, contributing over 40% to total financing [1][8] Financial Performance - Yixin achieved total revenue of 5.5 billion RMB, a year-on-year increase of 22%, and net profit of 549 million RMB, up 34% [6] - Adjusted net profit reached 648 million RMB, reflecting a 28% increase, marking a record high for the first half of the year [6] Financing Transactions - The financing transaction volume reached 364,000, representing an 11% year-on-year growth, with a total financing amount of 32.7 billion RMB, up approximately 4% [3][6] - The second-hand car financing segment performed particularly well, with transaction volume increasing by 45% to 222,000 transactions and financing amount rising by 31% to 18.2 billion RMB, accounting for 61% of total financing transactions [3][4] Strategic Initiatives - Yixin adopted a differentiated competitive strategy, focusing on partnerships with core mainstream brands and quality channels to ensure profitability in the new car business while expanding second-hand car financing services [3] - The company is also enhancing value-added services to meet the full lifecycle needs of vehicle users, which has led to a 44.5% increase in battery GAP product transactions [4] Financial Technology Growth - The financial technology segment saw a remarkable revenue increase of 124.5% to 1.9 billion RMB, with financing facilitated through the platform reaching 15.3 billion RMB, a 58.2% increase [8] - The contribution of financial technology to total financing rose to 46.7%, solidifying its role as a core growth engine for the company [8] Market Outlook - Yixin's performance is bolstered by technological innovations, particularly in artificial intelligence, which has been integrated into key business areas such as marketing and risk control [8][9] - The company plans to launch a next-generation AI model designed for automotive finance scenarios, aiming to address industry challenges and reshape the ecosystem [9]

Financial Performance - The company reported a revenue of RMB 54.52 billion for the six months ending June 30, 2025, representing a year-on-year increase of 22% [1] - Gross profit reached RMB 28.86 billion, up 36% compared to the previous year [1] - Net profit was RMB 5.49 billion, reflecting a 34% increase year-on-year [1] - Adjusted net profit stood at RMB 6.48 billion, marking a 28% increase [1] - The basic earnings per share were RMB 0.082 [1] Automotive Financing - The company facilitated approximately 364,000 automotive financing transactions during the reporting period, a growth of about 10.7% year-on-year [1] - The total financing amount reached approximately RMB 32.7 billion, an increase of 4.0% compared to the previous year [1] - The financing scale for used cars expanded significantly, with financing amounting to approximately RMB 18.2 billion, accounting for about 56% of total automotive financing [1] Financial Technology Business - The financial technology (SaaS) segment continued to expand rapidly, with financing facilitated through the platform exceeding RMB 15.3 billion, a year-on-year growth of approximately 58.2% [2] - The platform has established partnerships with over 60 financial institutions and deepened cooperation with major state-owned banks [2] - The company’s value-added services, particularly the battery GAP product, saw a transaction volume of approximately 31,000, reflecting a 44.5% year-on-year increase [2] Asset Management and Quality - The total value of automotive financial assets managed by the company surged to approximately RMB 112.1 billion, reinforcing its scale advantage in a competitive market [2] - The 90-day overdue rate remained stable at around 1.86%, indicating resilient asset quality [2] Financing Strategies - The company adopted a multi-faceted approach to further reduce capital costs, with the priority rate for asset-backed securities issued in 2025 being approximately 2.26% [3] - The company successfully issued its first dual-tranche, revolving credit, sustainability-linked syndicated loan in China, marking the largest transaction of its kind in the past five years [3] Investment in AI - The company accelerated investments in cutting-edge artificial intelligence, strategically upgrading its proprietary vertical large model [3] - The upcoming XinMM-AM1 model is designed to enhance operational efficiency and service quality in automotive finance, addressing complex decision-making and risk factors [3]