Financial Performance - The company reported a revenue of RMB 5.452 billion for the six months ending June 30, 2025, representing a year-on-year increase of 22% [1] - Gross profit reached RMB 2.886 billion, up 36% year-on-year, while net profit was RMB 549 million, reflecting a 34% increase [1] - Adjusted net profit stood at RMB 648 million, a 28% increase compared to the previous year [1] - The basic earnings per share for operating profit was RMB 0.082 [1] Automotive Financing Transactions - The company facilitated approximately 364,000 automotive financing transactions, including both new and used cars, which is a 10.7% increase from the same period last year [1] - The total financing amount reached approximately RMB 32.7 billion, marking a 4.0% year-on-year growth [1] - The financing scale for used cars expanded significantly, with financing amounting to approximately RMB 18.2 billion, accounting for about 56% of the 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 increase of 58.2% [1] - The platform has established partnerships with over 60 financial institutions and deepened collaborations with major state-owned banks, such as the Industrial and Commercial Bank of China [1] Value-Added Services - The company's value-added services are also developing, with battery GAP products achieving rapid growth, reaching approximately 31,000 transactions, a 44.5% increase year-on-year [2] - The total value of automotive financial assets managed by the company surged to approximately RMB 112.1 billion, supported by resilient asset quality, with a 90-day overdue rate stable at around 1.86% [2] Financing Strategies - The company is employing a multi-faceted approach to further reduce capital costs, with the priority rate for asset-backed securities (ABS) issued in 2025 being approximately 2.26% [2] - 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 [2] Investment in Artificial Intelligence - The company accelerated investments in cutting-edge artificial intelligence, strategically upgrading its proprietary vertical large model [3] - The next-generation Agentic large model, XinMM-AM1, is set to be launched within the year, designed specifically for the complexities of automotive finance [3] - XinMM-AM1 aims to enhance operational efficiency and service quality by providing end-to-end decision-making solutions [3]

Group 1: Digital Rural Development Initiatives - The central government has issued the "2025 Digital Rural Development Work Points," outlining 26 key tasks across 9 areas, emphasizing the role of digital technology in ensuring national food security and preventing large-scale poverty by the end of 2025 [1] - By 2024, the rural internet penetration rate is projected to reach 65.6%, with a total of 313 million internet users, indicating that the internet has become a primary means of production and daily life for rural residents [2] - The work points aim to enhance the digital governance efficiency and information service levels in rural areas, continuing the previous years' focus on foundational building, application expansion, integration promotion, and benefiting people's livelihoods [1][2] Group 2: Agricultural Machinery and Digital Transformation - The work points highlight the importance of agricultural machinery in various farming processes and propose actions for high-quality development in this sector, addressing issues such as insufficient supply of high-end intelligent equipment and low operational efficiency [2][3] - Accelerating the digital transformation of the entire agricultural machinery supply chain, including production, processing, circulation, and services, is essential for improving the agricultural machinery industry [3] Group 3: Digital Governance and Data Utilization - The establishment of a big data platform for monitoring and preventing poverty is proposed, which will cover all rural populations and enhance the existing poverty prevention monitoring system [3] - Continuous efforts are needed to promote the digital transformation of government services, breaking down data barriers among departments, and enhancing the precision and responsiveness of rural digital governance [3] Group 4: Education and Healthcare Digitalization - The work points call for improving the digitalization of rural education through the promotion of national smart education public service platforms, aiming for balanced urban-rural education development and quality enhancement [4] - Digital technology is expected to provide low-cost access to quality urban resources in education, healthcare, and finance for rural areas, allowing farmers to gradually benefit from digital dividends [4]